Senior Underwriter – 28785

The Emerald Group; Cologne; On-site; EUR 45,000 - 65,000; Full time

Job summary

The Emerald Group is seeking an Underwriter based in Cologne to ensure underwriting activities align with company guidelines and rules. You will work with cross-functional teams, providing expert knowledge of the assistance market while maintaining profitability and compliance.

Responsibilities include policy compliance, pricing governance, and supporting commercial negotiations; requires strong analytical skills, numeric affinity, and fluent German and English.

Qualifications

• Bachelor or Master in economics, statistics, or mathematics.
• Profound knowledge of travel insurance and partial knowledge of other P&C risks.
• Experience in insurance/assistance with proven track record.

Responsibilities

• Comply with underwriting policy and delegated authorities and deal approval processes.
• Govern pricing and underwriting standards.
• Lead as role model for other underwriters and support a motivated team.
• Structure deal terms with clients and commercial teams; pursue new business.
• Proactively manage the in-force portfolio to defend profitability.
• Support commercial teams in negotiations and client meetings.

Skills

Analytical skills

Data handling

Programming (ideally)

German language

English language

Product & risk management

Education

Bachelor/Master in economics/statistics/mathematics

Job description

Reporting into the Head of Underwriting, the Underwriter is responsible for ensuring that all underwriting activities are aligned with the Company Underwriting guidelines and application rules. He/she is providing expert understanding and knowledge of the Assistance market and is working in cooperation with x-functional teams to ensure that the groups remains competitive, profitable as well as compliant.

• Location: Cologne
• Type: Permanent

Key Responsibilities

• Complying and promoting Assistance Underwriting Policy and UW delegated authorities and deal approval process
• Ensuring application and governance of overall pricing & underwriting standards
• Leading as role model for other Underwriters and contributing to a highly motivated team to meet every day work and deadlines
• Working closely with clients and Commercial to structure deal terms and prioritizing new business opportunities
• Pro-active managing the in-force portfolio to defend the long-term profitability of the business
• Supporting the Commercial teams on key negotiations and client meetings
• Bachelor/master’s in economics/statistics/mathematics
• Profound knowledge of full scope of travel insurance and partial knowledge of the other P&C risks, background ideally in insurance / assistance company with the proven track
• Very good command in German and English
• High affinity in working with numbers, raw data, ideally expertise on programming
• Strong technical knowledge of product and risk management
• Strong analytical skills with attention to detail, as well as creative and well organized