Senior Casualty Underwriter | [UC-223]
Responder al anuncioPosition: Casualty Senior Underwriter
Location: Madrid Office
About the Department & Team: Underwriting Casualty business. Commercial activity, dealing with our brokers and clients effectively. Dealing with both new business and renewal submissions. Having in place the appropriate U/W Authority is required. Checking documents: Submissions, underlying policies, slips and loss records. Using the rating tool and all the supporting systems (e. g. Rulebook, DOT, PowerBI, RFID, Peer Reviews and Underwriting Authority Governance).
Key Responsibilities:
- Supporting the growth of the Casualty business in our Madrid office.
- Dealing with underwriting tasks, such as pricing and assessing liability risks, following our risk appetite, Underwriting Guidelines, and Treaty framework.
- Developing LSM market relationships with brokers and clients; having commercial skills and a previous broking network in the Spanish market is required.
- Dealing with complex renewals (negotiating renewal terms & conditions with brokers, assessing exposure development, loss experience, issuing appropriate referrals).
- Getting familiar with all in-house tools (e. g. Rulebook, DOT, PowerBI, RFID, Peer Reviews, and Underwriting Authority Governance).
- Handling all underwriting-related tasks such as file completion, peer reviews, and participating in the IPR as appropriate.
- Adherence to all relevant regulatory requirements and demonstrating behaviours as set out in the Conduct Risk Policy.
Skills and Experience:
- Appropriate university degree or higher education qualification (Law Degree preferably) or equivalent.
- Understanding of insurance contracts with experience in Casualty underwriting (including large and complex risks), showing a generic understanding of other liability lines (e. g. EIL).
- Good level of communication skills.
- Ability to assume responsibility, experience working against measurable performance targets, professional and confident approach with brokers and clients.
- Showing initiative, autonomy, and proactiveness is key for this role as a Senior Underwriter.
- Organized and service-oriented.
- Commitment and willingness to develop his/her professional career.
- Fluent in Spanish and English, with the ability to communicate clearly and concisely in a professional manner.
About Liberty Specialty Markets (LSM): Liberty Specialty Markets is part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets. Our people are key to our success.
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