Logistic Junior Underwriter

Starr Insurance Companies is 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.Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world's fastest growing insurance organizations, capable of writing in 128 countries on 6 continents. Role Purpose To support the Aviation Underwriter in Madrid across new or existing business with accurate and timely completion of pre-underwriting tasks and acting as access point to Marine producing brokers in Iberia with assistance to the day-to-day operations of the Marine team in CEU to develop business plan in the region. Roles and Responsibilities: Fully understand the risk & seek further clarity as required; Analysing claims experience to project future potential results; Obtain sign-off for all business that is in excess of agreed authority levels or where any factor falls below rating guidelines; Ensure that underwriting documentation, both paper and electronic, is accurate, complete, up-to-date and meet Starr's standards; Ensure that the policy wordings & clauses are slip referenced and agreed; Ensure that all accounts are contract certain at the time of binding; Develop broker relationships & optimize opportunities to lead business; Reconcile and report all premiums due versus received in order to manage credit control; Ensure all bound, quoted, working and declined risks are logged as per guidelines; Ensure the file is complete and contains all relevant documents. Obtain any outstanding items from the broker or underwriter in readiness for Peer Review; Ensure signings are accurate and are consistent with written confirmations; Ensure company, market and client related documentation is issued (internally and externally) accurately and on time; Follow up on outstanding quotes with the relevant broker; Liaise with brokers to follow up on outstanding renewals; Ensure schedule data & quotations accurately into the system; Ensure the Underwriting Notes are complete; Conduct 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 ; 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 Starr guidelines and the completeness of files; Communicate frequently with the broker to establish the progress of premium collections; Assist with credit control and provide support to the credit control team with aged debt and excess cash queries when required; Provide assistance to reconcile and report all premiums due versus received in order to manage credit control; Contribute to the Starr Spain strategy within Continental Europe, Iberia, with particular focus on Aviation and Marine; Contribute on the Development, production and enhancement of local wordings in coordination with the UW team in UK and Continental Europe aligned to local market characteristics; Review Internal Audits and Expert Review Reports to identify and implement improvements; Develop broker relationships through regular interactions on documentation and premiums; Handle renewals and contribute to meet the target retention ratio; Manage aggregations / accumulations of joint venture interests; Provide support on raw data generation to report the RM and CUO to inform the reinsurance strategy. Experience: Knowledge of Marine market insurance book of business and risk appetite; Knowledge on standard Marine market wordings and clauses and reinsurance practices; Knowledge of Aviation class of business desirable; Up-to-date knowledge of claims to inform future underwriting decisions; Understanding of Business Plan. Skills: Analytical thinking and problem solving; Advanced numeracy; Professional business writing and presentation skills; Strong willingness and capability to manage and continuously optimise the operational framework and to work with it on a day-to-day basis; Commercially focused with an ability to build strong stakeholder relationships both internally and externally; Communicate effectively with stakeholders both in writing and verbally; Willingness and capability to work independently and take responsibility in the short-medium term; Able to work in a team; Fluent in English and able to speak French (or Portuguese) is a plus. System & IT: MS Office - Excel, Visio, Word, PowerPoint and Outlook; Eclipse; Salesforce; Rating Tools. Starr is 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.