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Insurance Attorney in Madrid, Madrid

The ACE Group Jul 29,2014 Location Madrid Madrid
This job is expired...

In-House

Attorney

Insurance Coverage

Litigation - Whistleblower - CFTC

Min 7 yrs required

Profile

Senior Financial Lines Underwriter Iberia Candidate will work closely with the Financial Lines Manager Iberia to maintain and develop the Financial Lines business in Spain and Portugal. Will have to set, implement and achieve underwriting profit goals in accordance with business plan. Ensure underwriting integrity through appropriate deployment of underwriting guidelines and controls, consistency of approach towards risk selection, pricing, and use of capacity whilst recognising market conditions. Portfolio management and New business, U/W Commercial PI – MM and MA – Accelerate New business. Grow in the Portuguese market by visiting brokers in coordination with local BDM in order to obtain new business. Work in conjunction with the Sales and Distribution Manager and the Financial Lines Manager in the development of the key broker panel including visits as outlined in the Branch Plan. Represent and promote firm and maintain a permanent contact with internal colleagues and clients as well as major domestic. Represent and promote firm corporately to brokers, internal and external clients. This may involve servicing key producers and clients, monitoring business acquisition and retention as well as maximising cross-selling opportunities. Underwrite new business or renewals according to defined underwriting guidelines, specified budget and local business plan. Assist in formulating underwriting strategy, forecasts and portfolio management in order to achieve underwriting profitability. Ensure quality control within defined area of responsibility by undertaking quantitative underwriting reviews, running regular meetings and peer reviews. Work within the framework of firm’s ethical and service standards. Prioritise and develop products within area of specialist expertise in order to improve client retention and new business. This may involve collaborating with peers within and across business lines.

Qualification and Experience

Candidate should have a Bachelor’s Degree in Law, Business Administration, Economist or similar. Master degree is a plus. 7+ years’ experience as Financial Lines Underwriter is needed. Should be used to working in a Multinational company. Knowledge of Spanish insurance market is needed. Must possess an ability to negotiate and get profitable business in accordance with company UW guidelines. Knowledge of Spanish and English high level – both written and spoken is required. Portuguese language skills are a plus. Should be advance user of Microsoft office: Word, Excel, PowerPoint, Outlook.

Additional info

Job Code: 1329.

Company info