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Senior Surety Underwriting Specialist for Spanish Market Expansion

hace 1 semana


Madrid, Madrid, España Ergo Group A tiempo completo

About Us
Munich Re Specialty – Global Markets (MRS-GM) aims to become the leading primary specialty insurance provider. Our success is built on a strong culture that encourages boldness, curiosity, and teamwork. We are expanding our European footprint and seeking a Senior Surety Underwriter to join our team in Madrid.

We are looking for an exceptional individual with a proven track record of growth and profitable underwriting in the Spanish market. The successful candidate should have experience in wholesale business and international surety. An entrepreneurial spirit and ability to build a business presence from scratch are essential. Responsibilities include developing new products, managing the surety portfolio, monitoring market trends, and originating new business relationships. A high degree of comfort with building a business presence from scratch and willingness to take on diverse tasks are required.

Job Requirements
The ideal candidate will be responsible for product development, managing the surety portfolio, maintaining and executing underwriting authority delegation, and monitoring insurance market trends. Effective relationship-building with insureds and brokers is crucial for securing new business and strengthening existing trading relationships. Conducting full analyses of counterparty and/or transaction risks in collaboration with Credit Analysis Teams is also necessary. A thorough understanding of the Spanish market and its dynamics is required.

Key Performance Indicators
The successful candidate will be accountable for achieving business mix and performance goals as established by the CUO Surety. Growing the business from scratch and ensuring the performance of assigned clients and transactions are key responsibilities. Monitoring and adjusting underwriting policy and strategy based on market trends and developments is also essential. Regular communication with stakeholders, including the Head of Underwriting Spain and Surety CUO, is required.