The candidate will gain actual experience regarding research and development of potential new niche products. The R&D may lead to the development of a business plan/case for support of a new product.
Review various market reports on Niche classes as identified by Head of Casualty underwriting.
Review competitor information for each Niche. Download any state filings as needed from our tools.
Review MGA websites’ for companies that may have a niche focus relative to class.
Develop an overview of each segment regarding key information on NICHE class, competitors, MGAs in the space etc.
Review publications that may provide additional insight related to the niches we already write.
The candidate will gain a true understanding of how an Insurance Company works while being exposed and learning about many other classes of business through the project.
Required Skills and Competencies:
Excellent research skill capability.
Ability to work independently
Excellent written and oral communication skills
Marketing, research, financial background.
Excellent reading comprehension and the ability to scale down the material to the most important parts. The candidate will need the ability to draft an executive summary for each Niche.
Preferred Majors: Marketing/Market research Accepted Majors: Marketing, Risk Management, Economics, Financial Computer Skills: Proficient in all Microsoft office and Power point Other Skills: Good Presentation skills. Experience regarding business plan development would be a plus.
As a member of Munich Re's US organization, we offer clients the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help you stay competitive – from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.
We analyze risks from a variety of different angles and deliver holistic insurance solutions. We work with interdisciplinary teams throughout Munich Re and its network of external experts to constantly analyze technological, social and legal developments, identifying trends, considering future scenarios, and ensuring our competence continues to grow. That is how forward-looking solutions for tomorrow's world are born. If your passion is to do exceptional things, and you are looking for a company that values your contributions, promotes value-oriented culture and rewards performance with opportunities for skill development and career advancement, then join our team. Experience a unique diversity of individual skills, challenging tasks, and what it means to always be a step ahead due to our ambitious and appreciative work environment.