Senior Surety Underwriter, Spain Transformation Lead
hace 4 días
Company Overview:
Munich Re Specialty – Global Markets (MRS-GM) is a leading Primary Specialty Insurance provider. Our ambition is to become the top player in the industry, underpinned by an effective and adaptable strategy, superior products, and industry leaders working in a supportive environment to achieve this goal.
Job Summary:
We are currently looking for a Senior Surety Underwriter to be based in Madrid on a full-time basis, reporting into the Head of Underwriting, Spain. The successful candidate will have a proven track record of growth and profitable underwriting in the Surety Line of Business in the Spanish market. They will work closely with the Head of Underwriting Spain and Surety CUO to deliver new product rates, rules, and policy forms, as well as maintain existing ones. In addition, they will manage the Surety portfolio in Spain to achieve business mix and performance goals established by the CUO Surety.
Responsibilities:
The ideal candidate will be responsible for:
- Product development together with the Head of Underwriting Spain and Surety CUO 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 Surety CUO, manage the Surety portfolio in Spain to achieve the business mix and performance goals as established by the CUO Surety.
- Maintain and execute the Surety underwriting authority delegation and referral processes in Spain.
- Monitor insurance market trends and developments in Spain to make adjustments as appropriate to underwriting policy and strategy.
Requirements:
The successful candidate must have:
- In-depth knowledge of exposure and experience rating processes.
- Possess personal qualities of integrity, credibility, and commitment to corporate mission.
- 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. German would be a plus as well.
- Extensive working years of experience in Surety or Guaranties, preferably in a Bank or large Credit or Surety Insurer.
- University graduate or equivalent education.
Benefits:
This role offers a competitive salary, estimated at €80,000 - €120,000 per year, depending on experience. Additionally, you will receive a comprehensive benefits package, including health insurance, retirement savings plan, and paid time off.
About Ergo Group Ag:
Ergo Group Ag is a leading global insurance company that provides innovative solutions to individuals and businesses. We are committed to helping our customers achieve their goals and build a better future. With our team of experienced professionals, we strive to deliver exceptional service and value to our clients.
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