Spanish Surety Underwriting Expert
hace 5 días
About Us
Munich Re Specialty - Global Markets (MRS-GM) is a leading provider of primary specialty insurance solutions, driven by an effective strategy and superior products. Our success stems from a strong culture that encourages collaboration, boldness, and curiosity.
We are seeking a highly skilled Senior Surety Underwriter to join our team in Madrid, Spain, reporting directly to the Head of Underwriting. This role presents an exciting opportunity to contribute to the growth and development of our Spanish operations.
Job Overview
The successful candidate will be responsible for developing new product offerings, collaborating with the Head of Underwriting and CUO to deliver competitive rates, rules, and policy forms. They will also manage the Surety portfolio in Spain, ensuring alignment with business goals and performance objectives established by the CUO.
Key Responsibilities
* Develop and maintain existing product offerings, ensuring consistency and accuracy in rates, rules, and policy forms
* Collaborate with the Head of Underwriting and CUO to achieve business mix and performance goals
* Execute underwriting authority delegation and referral processes in Spain, ensuring seamless client relationships
* Monitor market trends and developments in Spain, adjusting underwriting policy and strategy as necessary
* Establish and maintain effective relationships with insureds and brokers, securing new business opportunities and strengthening existing relationships
* Originate new business relationships and process transactions in Spain and internationally, driving business growth and profitability
Requirements
To succeed in this role, you will need:
* Proven experience in the Surety line of business, with a strong track record of growth and profitable underwriting in the Spanish market
* A deep understanding of Wholesale business and international Surety operations
* Excellent communication and interpersonal skills, with the ability to build strong relationships with clients and stakeholders
* Strong analytical and problem-solving skills, with the ability to adapt to changing market conditions
* Entrepreneurial spirit and willingness to take calculated risks, driving business growth and innovation
* Fluency in Spanish and English, with excellent written and verbal communication skills
Salary
The estimated salary for this role is €65,000-€80,000 per annum, commensurate with experience and qualifications. This represents a competitive compensation package, reflecting the importance of this position in driving business growth and development.
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