Logistics Underwriter

We are a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.

Our company has a rich history, dating back to 1919 when our founder, Cornelius Vander Starr, established his first insurance company in Shanghai, China. Today, we are one of the world's fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.

We are seeking a highly skilled Logistics Underwriter to support our Aviation Underwriter in Madrid. The successful candidate will be responsible for accurately and timely completing pre-underwriting tasks and acting as an access point to Marine producing brokers in Iberia.

1. Fully understand the risk and seek further clarity as required;
2. Analyzing claims experience to project future potential results;
3. Obtaining sign-off for all business that is in excess of agreed authority levels or where any factor falls below rating guidelines;
4. Ensuring that underwriting documentation, both paper and electronic, is accurate, complete, up-to-date and meets our company's standards;
5. Ensuring that policy wordings and clauses are slip referenced and agreed;
6. Ensuring that all accounts are contract certain at the time of binding;
7. Developing broker relationships and optimizing opportunities to lead business;
8. Reconciling and reporting all premiums due versus received in order to manage credit control;
9. Ensuring that all bound, quoted, working and declined risks are logged as per guidelines;
10. Ensuring that the file is complete and contains all relevant documents.
11. Obtaining any outstanding items from the broker or underwriter in readiness for Peer Review;
12. Ensuring that signings are accurate and are consistent with written confirmations;
13. Ensuring that company, market and client-related documentation is issued (internally and externally) accurately and on time;
14. Following up on outstanding quotes with the relevant broker;
15. Liaising with brokers to follow up on outstanding renewals;
16. Ensuring that schedule data and quotations accurately into the system;
17. Ensuring that the Underwriting Notes are complete;
18. Conducting Quality Assurance (QA) within 2 working days of binding or inception (whichever is the earliest) to check the accuracy of underwriting data entered on the system, ensuring the risk is contract certain;
19. If Pre-quote Peer Review is not done, a Post-Peer Reviews within 5 working days from QA must be made in order to ensure the underwriting rationale, terms and conditions, pricing against our company's guidelines and the completeness of files;
20. Communicating frequently with the broker to establish the progress of premium collections;
21. Assisting with credit control and providing support to the credit control team with aged debt and excess cash queries when required;
22. Providing assistance to reconcile and report all premiums due versus received in order to manage credit control;
23. Contributing to the company's strategy within Continental Europe, Iberia, with particular focus on Aviation and Marine;
24. Contributing to the development, production and enhancement of local wordings in coordination with the Underwriting team in the UK and Continental Europe aligned to local market characteristics;
25. Reviewing Internal Audits and Expert Review Reports to identify and implement improvements;
26. Developing broker relationships through regular interactions on documentation and premiums;
27. Handling renewals and contributing to meet the target retention ratio;
28. Managing aggregations/accumulations of joint venture interests;
29. Providing support on raw data generation to report the Risk Manager and Chief Underwriting Officer to inform the reinsurance strategy.

1. Knowledge of Marine market insurance book of business and risk appetite;
2. Knowledge on standard Marine market wordings and clauses and reinsurance practices;
3. Knowledge of Aviation class of business desirable;
4. Up-to-date knowledge of claims to inform future underwriting decisions;
5. Understanding of Business Plan.

1. Analytical thinking and problem-solving;
2. Advanced numeracy;
3. Professional business writing and presentation skills;
4. Strong willingness and capability to manage and continuously optimize the operational framework and to work with it on a day-to-day basis;
5. Commercially focused with an ability to build strong stakeholder relationships both internally and externally;
6. Communicating effectively with stakeholders both in writing and verbally;
7. Willingness and capability to work independently and take responsibility in the short-medium term;
8. Able to work in a team;
9. Fluent in English and able to speak French (or Portuguese) is a plus.

1. MS Office - Excel, Visio, Word, PowerPoint and Outlook;
2. Eclipse;
3. Salesforce;
4. Rating Tools.

We are an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic.

We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first-class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.