.SENIOR UNDERWRITER (ENERGY & CONSTRUCTION)Based in MadridDescriptionAs a direct report to the Regional Head of Energy & Construction, IberoLatam, the Senior Underwriter will provide support on the following:Underwrite profitable new and renewal business to meet LoB targets locally/regionally.Negotiate participation, pricing, and terms and conditions.Ownership of accounts/clients.Training and development of team and referral point for other underwriters.Develop and maintain strong relationships with brokers and clients.Duties & ResponsibilitiesUnderwrite new and renewal accounts to meet top and bottom line targets (local and/or regional).Negotiate participation, pricing, and terms and conditions with brokers.Proactively manage capacity.Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modelling and interpretation of scenarios (for relevant LoBs).Underwrite International Insurance Programs (for relevant LoBs).Underwriting Approach and ComplianceUnderwrite in line with LoB governance framework (e.G., Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles).Ensure contract certainty is achieved on all accounts at the time of inception.Ensure utilization of global pricing tools.Ensure placing and binding of FAC Reinsurance prior to policy inception.Policy Documentation and AdministrationEnsure accurate policy documentation is issued to broker.File maintenance to ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled.Proactively support completion of policy administration and credit control processes.Support Underwriting Strategy & LeadershipSupport development and execution of regional Underwriting strategy for LoB regionally.Training, developing, and coaching of less experienced staff (including junior underwriters, operations, credit control).Manage standard referrals from underwriters and re-underwrite complex business as appropriate.Delegate work as appropriate.Global DistributionProactively support acquisition of new business and retention of existing business (including client and broker negotiations where necessary).Proactively liaise with Global Distribution on market management initiatives.Relationship ManagementPositively represent AGCS externally to the market.Proactively drive involvement of functional areas in Underwriting process (e.G., Global Distribution, ARC, Claims, Operations).Develop and maintain strong relationships with key brokers, clients, and other relevant stakeholders (e.G., risk managers).Knowledge, Skills & AbilitiesRisk Assessment and Management: Ability to assess risk inherent exposures and natural hazards relevant to LoB.Pricing and Market management: Contract Drafting and Interpretation: Design, develop and implement consistent, robust wordings
