Junior Underwriter - Financial Lines

Tokio Marine HCC – A&H Group; Bellprat; On-site; EUR 32,000 - 42,000; Full time

Job summary

Tokio Marine HCC – A&H Group in Barcelona is seeking a Financial Lines Junior Underwriter to support underwriting, analysis and pricing for new and renewal policies, collaborating with brokers to finalize terms and documentation.

The role reports to the Financial Lines Manager and requires a BA/MA in related fields, native German and fluent English, with prior insurance exposure being a plus. On-site position in Barcelona.

Qualifications

• High capabilities for financial analysis and synthesis.
• Excellent communication and negotiation skills.
• Entrepreneurial with strong commercial awareness.

Responsibilities

• Cultivate and manage broker relationships.
• Analyze data related to accounts and market trends.
• Negotiate terms and pricing with brokers and insureds.
• Assist in the underwriting process and recommend actions to the Financial Lines Manager.

Skills

Financial analysis

Negotiation

Communication

Commercial awareness

Proactive problem solving

Teamwork

Education

BA/MA in Business Administration, Law or Economics

Job description

Position: Financial Lines Junior Underwriter – Germany & AustriaLocation: BarcelonaAbout Tokio Marine :Tokio Marine HCC (TMHCC) is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, Ireland, and other international locations. With the strength and stability that comes from being a member of the Tokio Marine group, and more than forty years of growth, profitability, and stability, we offer important insurance products that most people don’t even know exist. Just as we invest in our company, we invest in our employees’ careers. We provide our employees a collaborative and rewarding environment within which to gain the knowledge, skills, and experience that lead to a rewarding career. Our products allow our customers to take on opportunity with confidence. In turn, our competitive salaries, attractive benefits, and potential for career growth allow you to take on opportunity with confidence.Description: As a Financial Lines Junior Underwriter, based in our Barcelona office you will be employed by our legal entity Tokio Marine Europe S.A. Sucursal en España and that trades under the Tokio Marine HCC name.As such, you will form part of a dynamic team of professionals that focus on developing our regional portfolios. You will directly report to the Financial Lines Manager and, after an initial in-house training, carry out selection, analysis, and pricing of new and renewal policies, as well as negotiate the insurance terms and conditions with brokers and insureds in order to issue the final contractual documentation. You will be key in helping build profitable relationships with brokers and insureds and your role will fully support and comply with the company’s objectives and standards.Responsibilities:Cultivate and maintain broker relationshipsAnalyse data relating to an account: study financial, regional/national economic trends and industry conditions in the assigned underwriting disciplineNegotiate with brokersFollow Underwriting guidelines and submit underwriting, pricing and negotiation recommendations to the Financial Lines Manager or to a Referral CommitteeIdentify and pursue new business opportunitiesManage and grow the book of businessCoordinate and/or participate in special projectsAttend off-site conferences, trade shows, seminars and meetingsRequirements:(BA or MA) Degree in Business Administration, Law, Economics or similarNative German and fluent English (high level) a mustAdditional languages a plusPrevious work experience in the insurance industry a plusProfile:High capabilities for financial analysis and synthesisEntrepreneurial with excellent commercial skillsGood negotiation and communication skillsPossess a proactive approach to problem solving, taking ownershipResourceful, hard worker taking pride in workTeam playerAble to receive and give constructive feedback, peer-to-peer and to higher managements