About Munich Re Specialty North America Munich Re Specialty North America is a leading expert in understanding and connecting US coverholders and brokers to flexible and innovative insurance solutions. We are also a registered Lloyd’s Broker. As a wholly owned subsidiary of Munich Re, we have access to the expertise, products and risk appetite of one of the largest and most successful insurance groups in the world.
Why Join Us We are a responsible employer, with a reputation for innovation and adding value in the insurance distribution chain. As a wholly owned subsidiary of Munich Re, we have access to the expertise, products, risk appetite and career development opportunities of one of the largest and most successful insurance groups in the world. As our business continues to grow, we are committed to expanding our team and providing development opportunities to ensure we are always supporting our people in their career journey. Our talent pool makes us who we are, and our inclusive culture means we are looking to continue to build our team with broad expertise, diverse backgrounds, and ambitious employees. Being part of Bell & Clements provides access to multiple health and wellbeing benefits, work‑life balance initiatives (including hybrid working), financial wellbeing packages as well as training, development and career opportunities.
Purpose of the Role
To provide day‑to‑day underwriting leadership of the Transportation department, driving the profitable underwriting, production and development of US Transportation business across both In‑House and Delegated Authority portfolios.
Working in close partnership with the Head of Direct Underwriting, the role is responsible for delivering profitable growth and implementing the strategic business plan for the Transportation department.
Duties & Responsibilities Leadership & People Management
Provide overall leadership and management of the in‑house Transportation underwriting department.
Take responsibility for day‑to‑day staffing, mentorship and on‑the‑job training of the team.
Foster a culture of cross‑collaboration and synergy across Munich Re teams, departments and group companies.
Embrace and actively implement the core principles of Continuous Conversations — including commitments, feedback and development — in day‑to‑day activities.
Take ownership of personal and professional development by setting clear commitments and engaging in regular, constructive feedback in line with Continuous Conversations.
Underwriting & Business Development
Oversee and continually seek to optimise the underwriting performance and processes of the Transportation department.
Analyse underwriting data and statistics to identify trends and inform decision‑making.
In conjunction with the Head of Direct Underwriting, develop and deliver the annual business plan for the Transportation team.
Maintain and develop existing client and broker relationships whilst proactively creating new business relationships.
Implement and manage the department's annual travel programme, including office visits and conference attendance as required.
Propose new wordings and clauses, or amendments to existing ones, to reflect evolving market conditions.
Develop new coverages and products in line with market opportunities and strategic objectives.
Drive forward and expand the digital capabilities of Transportation underwriting.
Produce regular management and committee reports as required.
Data Governance
Act as Deputy Data Owner, supporting the Lead Data Owner in the oversight and maintenance of the Data Asset Register.
Assist in the implementation and ongoing oversight of Data Classification, and review data access rights and the use of data in respect of storage, transfer and retention.
Work in conjunction with the Data Protection Officer on Data Access Requests and related matters.
Approve access to data through file share and IT systems, and assist in the anonymisation of data where required.
Ensure that appropriate controls are in place to manage data in line with Munich Re Specialty North America’s policies and procedures.
Support the Lead Data Owner within the applicable business unit(s) on data protection enquiries, and undertake specific Data Protection training (e.g. Data Classification) as required.
Work collaboratively with the Lead Data Owner, Data Protection Officer, Chief Risk, Compliance and Legal Officer, and Compliance Officer to ensure ongoing regulatory and policy compliance.
Compliance
Abide by all policies and procedures of Munich Re North America – Binding Authorities.
Benefits
This position is offered on a Permanent basis.
Annual salary will be dependent on the skills and experience of the successful candidate.
Annual leave – 25 days per year (plus bank holidays), increases with length of service.
Health & Wellbeing – offering private medical insurance for employees, their partners and families, a Digital GP service and an annual allowance (currently £550) for activities that support health and wellbeing.
Hybrid and remote working – to support work balance we have introduced hybrid working.
Flexible working hours – the opportunity to flex your working hours.
Professional Qualification Support – (discretionary) financial support covering the cost of professional qualifications, including institute membership, exams, study materials and completion bonuses.
Generous gender‑neutral family leave policy – employees with 26 weeks’ continuous service at the Expected Week of Childbirth are eligible to receive 26 weeks full pay.
Team fun – warm and social culture with regular get‑togethers.
About us You will work in an environment where we think big: Change and culture are continuously role‑modelled. We create and articulate a compelling and ambitious shared purpose, vision and direction. We pave the way towards success and see failure as learning.
You are going to experience that we care & dare: We are empathetic. We know when to lead and know when to let others lead. We attract, grow and coach future leaders.
We communicate in a clear & authentic way: We interact with a positive and humble spirit. We solicit feedback, ask and listen, learn and unlearn.
At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi‑dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.
If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!
All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.
Application Closing Date 5pm, 31st May 2026
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