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Senior Underwriter (Custom)

Senior Underwriter (Custom)

W / R / B Underwriting (a Berkley Company)Madrid, Comunidad de Madrid, España
Hace más de 30 días
Descripción del trabajo

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Responsibilities

Within the limits of his / her authority letter, to underwrite new business and / or renew portfolio. These responsibilities could eventually be multiline.

Key Responsibilities

New Business

  • Manage new business submissions within the scope (territorial, broker, risk type, product, etc.) designated by the Head of Line of Business and according to his / her Letter of Authority.
  • Populate quotes on the IT system (BEITS), including data collection, rating, pricing, underwriting analysis, and wordings.
  • Issue quotes and follow up on them.
  • Authorize in BEITS to lower-empowered underwriters (when applicable) and / or BENET users as required.
  • Issue policies, including new policies and amendments that cannot be outsourced to Portfolio Management (BeService).
  • Monitor non-tacit renewal policies and issue renewal proposals to brokers.
  • Support the Head of Line of Business in portfolio performance monitoring, if required.
  • Assist Business Developers and / or Head of Market Facing Teams in sales initiatives, including meetings, presentations, and trainings with brokers.
  • Develop and grow a knowledgeable producer population, including strategic and tactical broker / producer development planning.
  • Build strong relationships with brokers (local / region) to meet or exceed financial goals such as growth, profit, retention, and new business.

General

  • Read, understand, and sign personal authority letters and technical guidelines, acting within their scope.
  • Collaborate effectively with underwriting, operations, legal, and claims teams.
  • Participate in innovation initiatives, product launches, marketing campaigns, and short-term projects to contribute to overall success.
  • Compliance & Risk Management

  • Stay updated with compliance, procedural, and workflow changes; ensure all activities comply with applicable laws and regulations.
  • Reporting

  • Report to the Head of Line of Business (technically) and the Head of Custom (hierarchically).
  • Shared Responsibilities

  • Comply with underwriting governance and sales strategy, attend Business Team Committee meetings, and collaborate with other Lines of Business.
  • Economic Management

  • Achieve financial targets for his / her Line of Business (GWP, commissions, ILR, etc.) and the overall Custom Plan.
  • Qualifications

    Knowledge & Experience

  • Minimum 5 years of experience in the insurance market in similar roles.
  • Good communication skills, both verbal and written.
  • Ability to manage time, meet deadlines, and prioritize tasks.
  • Proficient in Microsoft Office suite.
  • Desire to pursue relevant professional qualifications.
  • Proactive and team-oriented.
  • Exceptional communication skills, adaptable to different situations.
  • Calm under pressure, organized, with integrity and follow-through.
  • Proven ability to build and maintain strong relationships with insureds, brokers, and stakeholders.
  • Seniority Level

    Mid-Senior level

    Employment Type

    Full-time

    Job Function

    Finance and Sales

    Industry

    Insurance

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