Junior Underwriter - Onshore Energy

Starr; Madrid; Presencial; EUR 40.000 - 60.000; Jornada completa

Descripción de la vacante

A leading underwriting company in Madrid seeks an experienced Underwriter. You will manage profitable business while ensuring adherence to underwriting standards. The ideal candidate has a bachelor's degree in engineering, business, or law, and at least two years of relevant experience. Fluency in English and Spanish is required, alongside strong computer skills. This position offers opportunities for professional development and relationship building with brokers.

Formación

• Minimum two years experience as an Energy or Property Assistant Underwriter or as a Broker.

Responsabilidades

• Underwrite profitable business in accordance with business plans.
• Develop broker relationships and optimise opportunities to lead business.
• Ensure that the policy wordings and clauses are slip referenced and agreed.

Conocimientos

Fluent in English

Fluent in Spanish

Proficient computer skills

Educación

Bachelor degree in engineering, business, or law

Descripción del empleo

Roles and Responsibilities

• Underwrite profitable business in accordance with business plans.
• Adhere to all Starr underwriting standards as outlined in the Underwriting Manual.
• Obtain sign-off for all business that is in excess of agreed authority levels or where any factor falls below rating guidelines.
• Ensure that the policy wordings and clauses are slip referenced and agreed.
• Ensure that all accounts are contract certain at the time of binding.
• Develop broker relationships and optimise opportunities to lead business.
• Explore client and company knowledge to identify and optimise cross-selling opportunities.
• Reconcile and report all premiums due versus received in order to manage credit control.
• Enter accurate natural catastrophe data into the relevant model in preparation for Realistic Disaster Scenario (RDS) modelling.
• Complete the front sheet to ensure that all required information is included.
• Enter schedule data and quotations accurately into the system.
• Ensure that the reinsurance split in the system matches the underwriting stamp.
• Ensure that the Underwriting Notes are complete.
• Log all bound, quoted, working and declined risks into the business log immediately.
• Ensure that the file is complete and contains all relevant documents. Obtain any outstanding items from the broker or underwriter in readiness for Peer Review.
• Ensure that signings are accurate and are consistent with written confirmations.
• Liaise with brokers to follow up on outstanding renewals.
• Follow up on outstanding quotes with the relevant broker.

Experience

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