Head of Property Underwriting, Spain

hace 2 meses

Madrid, España Munich Re Specialty Group A tiempo completo

Head of Property Underwriting, Spain

About us

At Munich Re Specialty - Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.

At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.

Please see our website for more information.

**Company**
Munich Re Specialty Group
**Location**
Madrid, Spain

Head of Property Underwriting, Spain

We are currently looking for a Head of Construction Underwriting to be based in Madrid on a full-time basis, reporting into the Head of Underwriting, Spain.

Since its formation as a stand-alone division of Munich Re in 2023, Munich Re Specialty (MRS) has the ambition to become a profitable top-10 global primary Specialty insurer. Complementing an already strong presence in the UK and the US, Munich Re Specialty - Global Markets (MRSGM) has been tasked with expanding our primary Specialty business in continental Europe and APAC.

We have begun the European expansion journey - starting in Spain, adding to our current operations in Regional UK, Ireland and Germany, while our plans for APAC are in a near-final development stage.

In order to successfully establish and profitably grow our Property business in the Spanish market, we are looking for a Head of Property UW, Spain to join our team.

**Responsibilities**:

- Direct and manage overall technical underwriting for Property activities for MRSGM in Spain while assuring that a high level of technical proficiency is achieved in all areas.
- Responsible for product development together with the Head of Underwriting Spain, Product CUOs and Product Heads to deliver new product rates, rules and policy forms and the maintenance, consistency of existing product rates, rules and policy forms.
- In close collaboration with the Head of Underwriting Spain and Product CUOs, manage the Property portfolio in Spain to achieve the business mix and performance goals as established by the Group Head of Property.
- Maintain and execute Property underwriting authority delegation and referral processes in Spain.
- Monitor insurance market trends and developments in Spain in order to make adjustments as appropriate to underwriting policy and strategy.
- Coach and lead a high performance Property underwriting team; play an integral part in the attraction, recruitment and retention of required talents.
- Conduct and develop effective relationships with insureds and brokers, to both strengthen existing trading relationships and secure new business that falls within the Underwriting business plan.

Knowledge and Skills
- Demonstrated ability in an executive leadership position, ideally as Head of Property UW
- In-depth knowledge of exposure and experience rating processes
- Excellent people skills, including stakeholder management
- Possess personal qualities of integrity, credibility, and commitment to corporate mission
- Strong negotiation skills
- Excellent communication (written, verbal and presentation), interpersonal and networking skills with all levels of organizations
- Strategic and forward-thinking with a proven track-record of general business management, including planning and forecasting
- Language skills, Spanish and English are a must.Significant experience within primary insurance underwriting
- Proven people management experience
- University degree and/or relevant professional qualification

Diversity, Equity & Inclusion

At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.

Learning and innovating today, striving for sustainable societies and business tomorrow

At Munich Re Specialty - Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues.

Learn more about sustainability at Munich Re - choose your impact

**#BePresent **#BeBold **#BeCurious

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