Underwriting Assistant (UA)

Dormont Manufacturing Co; Madrid; Presencial; EUR 30.000 - 50.000; Jornada completa

Descripción de la vacante

Dormont Manufacturing Co in Madrid is seeking an Underwriting Support professional to assist teams in various sectors including Property and Casualty. The role demands strong attention to detail, organizational and communication skills, and proficiency in English and German.

Key responsibilities include supporting underwriters with accurate data management and compliance checks. Ideal candidates will have experience in an underwriting support role and the ability to work both independently and as part of a team.

Formación

• Strong relevant experience in an underwriting support role.
• Ability to deal with external stakeholders.
• Knowledge of underwriting, claims, and reinsurance processes.

Responsabilidades

• Support underwriters with risk, record keeping, and reporting.
• Ensure accuracy of underwriting data and compliance checks.
• Provide administrative support to underwriting teams.

Conocimientos

Attention to detail

English language proficiency

German language proficiency

Organizational skills

Communication skills

Analytical skills

Descripción del empleo

Role Purpose

To primarily support the Underwriters across new or existing classes of business written by the Company, whilst working as a member of the Operations Underwriting Support team to deliver accurate risk, record keeping, and reporting. You will primarily support teams such as Property, Casualty, Energy, Marine, Aviation, Financial Lines, and/or A&H.

Key Accountabilities

• To summarize slip terms and conditions, calculate premiums and exposures, and ensure complete accurate entry of submissions, quotes, risks, endorsements, and transactions to the Company so as to ensure correct management, statistical, and regulatory reporting.
• Perform as required the necessary data checks to ensure accuracy of underwriting data ensuring they are accurately entered within our systems.
• Store all risk information and correspondence onto the document repository to ensure a complete and accurate audit trail of all substantive business activity.
• Ensure that all relevant underwriting information is included for the peer review, risk entry, and data checking review process within the designated timeframe. Underwriting information submitted electronically to be indexed and updated as appropriate within specified timeframes.
• Maintain tools containing key underwriting information to facilitate compliance sanctions, fraud, and financial crime checks pre-bind and monitoring post-bind.
• Assist underwriters during the underwriting process, production of management information, business development, and marketing.
• Provide administrative support to underwriters and the Operations team in areas including credit control, data quality, and training.
• When necessary, provide support to Underwriting teams within other classes of business.
• Any other ad hoc tasks as defined and agreed with the Head of Business Centre, Underwriting Operations Team Leader, and the Underwriting Operations Manager.
• All functions to be performed in accordance with the Company target operating model, policies, and specific procedure manuals, as amended from time to time.

Professional Experience

• Strong relevant experience of working in an underwriting support role
• Ability to deal with external stakeholders.
• Knowledge of underwriting, claims, and facultative reinsurance processes.
• Experience of supervising the accuracy of an offshore service partner.

Skills & Abilities

• Excellent attention to detail.
• Language skills: English (written and oral) and German required.
• Good organisational skills.
• Good communication skills.
• Logical, analytical, and resourceful.
• Ability to follow through on tasks/projects.
• Must be able to work alone but also contribute as part of a team.
• Potential to lead teams; demonstrated experience preferred.

We are an Equal Opportunity Employer

It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, colour, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to [e-mail].

Functional Area

UW - Underwriting

AIG Europe S.A. (Spain branch)