Senior Surety Underwriter Position

hace 4 semanas


Madrid, Madrid, España ERGO Group AG A tiempo completo

About ERGO Group AG

We are a leading global provider of insurance and retirement solutions, offering a wide range of products to individuals and businesses. At the heart of our success is a strong culture where people are encouraged to be present, bold, and curious.

Our ambition is 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.

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 estimated salary for this position is €80,000 - €120,000 per annum, depending on experience.

Key Responsibilities:
  • Product Development: Responsible for developing new product rates, rules, and policy forms, and maintaining consistency of existing ones with the Head of Underwriting Spain and Surety CUO.
  • Portfolio Management: Manage the Surety portfolio in Spain to achieve business mix and performance goals as established by the CUO Surety.
  • Underwriting Authority: Maintain and execute the Surety underwriting authority delegation and referral processes in Spain.
  • Market Trends: Monitor insurance market trends and developments in Spain to make adjustments to underwriting policy and strategy as appropriate.
  • Client Relationships: Conduct and develop effective relationships with insureds and brokers to strengthen existing trading relationships and secure new business that falls within the Underwriting business plan.
Required Skills and Qualifications:
  • Language Skills: Spanish and English are a must. German would be a plus.
  • Experience: Extensive working experience relevant to Surety or Guaranties, preferably in a Bank or large Credit or Surety Insurer.
  • Education: University graduate or equivalent education.
  • Fundraising Skills: Proven track record of general business management, including planning and forecasting.


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