Assistant Underwriter - Commercial Property

Starr Europe Insurance Limited; España; Presencial; EUR 32.000 - 42.000; Jornada completa

Descripción de la vacante

Starr Europe Insurance Limited is seeking a Commercial Property Underwriter Assistant in Spain. You will analyse claims experience, adhere to underwriting standards, and ensure accurate documentation and policy wording.

Responsibilities include logging risks, data entry into RMS, handling renewals, and supporting credit control with broker liaison. The role requires a Bachelor's degree in engineering, business or law and at least one year of related underwriting or brokerage experience.

Formación

• Bachelor degree in engineering, business or law or related field.
• Minimum one year experience as a Commercial Property Assistant Underwriter and/or as a Commercial Property Broker.
• Fluent in English and Spanish.
• Proficient computer skills and ability to learn new systems.

Responsabilidades

• Analyse claims experience to project future results.
• Adhere to Starr underwriting standards per Underwriting Manuals.
• Ensure underwriting documents are accurate, complete and up-to-date.
• Ensure policy wordings & clauses are slip referenced and agreed.
• Ensure all accounts are contract certain at binding.
• Enter accurate catastrophe data into RMS model.
• Log all bound, quoted, working and declined risks per guidelines.
• Ensure file is complete with all documents.
• Request outstanding items from broker/underwriter for Peer Review.
• Ensure signings match written confirmations.
• Distribute company, market and client docs accurately and on time.
• Follow up on outstanding quotes with broker.
• Enter schedule data and quotations into system.
• Complete Underwriting Notes and QA checks.
• Issue policies, endorsements or certificates of bound business.
• Communicate with broker on premium collections progress.
• Assist with credit control and support aged debt queries.
• Reconcile premiums due vs received to manage credit control.
• Handle renewals and assist retention targets for Tech Lines.
• Manage aggregations/ accumulations of joint venture interests.
• Support raw data generation to inform RM and CUO for reinsurance strategy.

Educación

Bachelor degree in engineering, business or law

Descripción del empleo

Roles and Responsibilities

• Analysing claims experience to project future potential results.
• Adhere to all Starr underwriting standards as outlined in the Underwriting Manuals.
• Ensure that underwriting documentation, both paper and electronic, is accurate, complete, up-to-date and meet Starr’s standards.
• Ensure that the policy wordings & clauses are slip referenced and agreed.
• Ensure that all accounts are contract certain at the time of binding.
• Enter accurate natural catastrophe data into the relevant model (RMS).
• Ensure all bound, quoted, working and declined risks are logged as per guidelines.
• Ensure the file is complete and contains all relevant documents.
• Obtain any outstanding items from the broker or underwriter in readiness for Peer Review.
• Ensure signings are accurate and are consistent with written confirmations.
• Ensure company, market and client related documentation is issued (internally and externally) accurately and on time.
• Follow up on outstanding quotes with the relevant broker.
• Ensure schedule data & quotations accurately into the system.
• Ensure the Underwriting Notes are complete.
• Conduct Quality Assurance (QA) to check the accuracy of underwriting data entered on the system, ensuring the risk is contract certain.
• Issue policies, endorsements or certificates of bound business.
• Communicate frequently with the broker to establish the progress of premium collections.
• Assist with credit control and provide support to the credit control team with aged debt and excess cash queries when required.
• Provide assistance to reconcile and report all premiums due versus received in order to manage credit control.
• Handle renewals and contribute to meet the target retention ratio for the Tech Lines.
• Manage aggregations / accumulations of joint venture interests.
• Provide support on raw data generation to report the RM and CUO to inform the reinsurance strategy.

Requirements

• Bachelor degree in engineering, business or law (other science degree are acceptable).
• Minimum one year experience as a Commercial Property Assistant Underwriter and/or as a Commercial Property Broker.
• Fluent in English and Spanish.
• Proficient computer skills, ability to understand and adapt to new systems.

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic.

We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees.

We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

Starr is a global insurance and investment organization providing property and casualty insurance solutions to business and industry, and one of the fastest-growing insurance companies in the world.

Our talented and experienced associates manage risk and ultimately support the profitable growth of organizations in a dynamic, competitive and ever-changing marketplace. Join us and become part of our talented and passionate workforce. https://starr.com/About/Careers