Senior Underwriter (Custom)

W / R / B Underwriting (a Berkley Company); Madrid; Presencial; EUR 40.000 - 60.000; Jornada completa

Descripción de la vacante

A leading insurance company is seeking a Mid-Senior Underwriter to manage new business submissions and renewals. The role involves building relationships with brokers, ensuring compliance, and achieving financial targets. Ideal candidates will have over 5 years of experience in the insurance market and strong communication skills.

Formación

• Minimum 5 years of experience in the insurance market in similar roles.
• Desire to pursue relevant professional qualifications.
• Calm under pressure, organized, with integrity and follow-through.

Responsabilidades

• Underwrite new business and renew portfolio within authority limits.
• Manage new business submissions and issue quotes.
• Collaborate with underwriting, operations, legal, and claims teams.

Conocimientos

Communication

Time Management

Proactivity

Teamwork

Relationship Building

Herramientas

Microsoft Office

Descripción del empleo

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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