Insurance Risk Underwriter Specialist

hace 1 día


Madrid, Madrid, España Xl Catlin A tiempo completo

**Company Overview**

Xl Catlin is a leading global insurance provider offering innovative and bespoke underwriting services to our clients. Our team of experts works closely with brokers and clients to deliver market-leading experiences and support the profitable growth of our portfolios.

**Job Description**

We are seeking an experienced Insurance Risk Underwriter Specialist to join our team in Madrid. As a key member of our underwriting team, you will be responsible for reviewing submissions, calculating risk premiums, and providing high-quality service to our clients.

**Essential Responsibilities**

• Reviewing applications, policy wording, inspection reports, loss runs, and financial reports to determine the degree of risk for each account
• Calculating appropriate risk premium by considering sector-specific risks, reinsurance cessions, and underwriting costs while ensuring profitability
• Proactively advising, assisting, and servicing clients on insurance and risk management matters to ensure satisfaction and fulfillment of their insurance requirements
• Effective relationship management to initiate opportunities for cross-selling offered products and ensure account retention
• Controlling timely implementation of new and renewed accounts according to quality standards
• Supporting business planning and forecasting processes; monitoring financial exposure within outlined limits; monitoring premium income to ensure it remains within set limits
• Maintaining awareness of all claims advised while supporting and providing input on the settlement of claims

**Requirements**

We are looking for someone with proven experience in underwriting, ideally with a track record of profitable underwriting in Financial Lines business. You should have good industry knowledge and awareness of factors affecting this market and new trends. Strong communication and analytical skills are essential, as well as the ability to work efficiently in English and Spanish.

**Salary**

The estimated salary for this role is approximately €60,000-€80,000 per annum, depending on experience.



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