General information
City: Barcelona
Country: Spain
Creation Date: 21-Aug-2024
Employment Type: Permanent, Full time
Ref #: 1234571029
Description & Requirements
Role Title: Casualty Underwriter
Department: Casualty
Team: Casualty Spain (Barcelona team)
Location: Barcelona
Type: Permanent FTE
About the Role:
Casualty Underwriter, reporting into me and working in close cooperation with our Senior Underwriter leading our Casualty business in the Barcelona office.
Main duties and responsibilities:
Underwriting Casualty business.
Dealing with both new business and renewal submissions. Having in place the appropriate U/W Authority is required.
Cooperating with the Operations team for policy issuance purposes (i.e. issuing policy docs, such as policy wordings, certificates of insurance and endorsements).
Checking documents: Submissions, underlying policies, slips and loss records. Using the rating tool and all the supporting systems (e.g. Rulebook, DOT, PowerBI, RFID, Worldwise, Peer Reviews and Underwriting Authority Governance, etc.).
Key Responsibilities:
Supporting the growth of the Casualty business in the Barcelona market. Dealing with underwriting tasks, such as pricing and assessing liability risks, following our risk appetite, Underwriting Guidelines and Treaty framework.
Dealing with the brokers on the New Business side, reviewing the submissions and following the whole underwriting process.
Dealing with renewal business (negotiating renewal terms & conditions with the brokers, assessing the exposure development, loss experience, issuing the appropriate referrals, etc.).
As such, this headcount should be familiar with all our in-house tools (e.g. Rulebook, DOT, PowerBI, RFID, Peer Reviews and Underwriting Authority Governance, etc.).
Additionally, handling all the underwriting related tasks is also required, such as file completion, peer reviews and participating on the IPR as appropriate.
Marketing role by supporting the existing Senior Underwriter regarding visits, meetings and keeping and increasing our commercial activity.
Adherence to all relevant regulatory requirements forms part of your role, and the demonstration of behaviours as set out in the Conduct Risk Policy, as they relate to your role, is core to LSM's commitment to our Liberty Values, placing customers at the centre of our business and behaving with integrity.
Skills and Experience:
Appropriate university degree or higher education qualification (Law Degree preferably) or equivalent.
Understanding of insurance contract with experience in Casualty underwriting with understanding of other liability lines.
Good level of communication skills.
Organized.
Service oriented.
Needs to show commitment and willingness to learn and develop his/her professional career.
Fluent in Spanish, English and Catalan. Ability/potential to communicate clearly and concisely in a professional manner will be required.
About Liberty Specialty Markets (LSM):
Liberty Specialty Markets is part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets.
Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organization. We bring this to life for our colleagues through:
Offering a vibrant and inclusive environment and committing to their career development.
Promoting diversity, equity and inclusion (DEI). Our Inclusion Matters framework and employee-led networks strengthen the diversity of our workforce and our inclusive environment.
Reinforcing that collaborating together to share our unique perspectives help us make better decisions, deliver innovative solutions and pursue our ambitious goals.
A supportive culture, which includes promoting a healthy work-life balance and working flexibly.
For more information, please follow the links below:
Working for us
Diversity and Inclusion
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