Head of Construction Underwriting, Spain About us
At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.
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Company
Munich Re Specialty Group
Location
Madrid, Spain
Position
We are currently looking for a Head of Construction Underwriting to be based in Madrid on a full-time basis, reporting into the Head of Underwriting, Spain.
Responsibilities: Direct and manage overall technical underwriting for Construction activities for MRSGM in Spain while assuring that a high level of technical proficiency is achieved in all areas.Responsible for product development together with the Head of Underwriting Spain, Product CUOs and Product Heads to deliver new product rates, rules and policy forms and the maintenance, consistency of existing product rates, rules and policy forms.In close collaboration with the Head of Underwriting Spain and Product CUOs, manage the Construction portfolio in Spain to achieve the business mix and performance goals as established by the Group Head of Engineering.Maintain and execute the Construction underwriting authority delegation and referral processes in Spain.Monitor insurance market trends and developments in Spain in order to make adjustments as appropriate to underwriting policy and strategy.Coach and lead a high performance Construction underwriting team; play an integral part in the attraction, recruitment and retention of required talents.Conduct and develop effective relationships with insureds and brokers, to both strengthen existing trading relationships and secure new business that falls within the Underwriting business plan.Knowledge and Skills: Demonstrated ability in an executive leadership position, ideally as Head of Construction UW.In-depth knowledge of exposure and experience rating processes.Excellent people skills, including stakeholder management.Possess personal qualities of integrity, credibility, and commitment to corporate mission.Strong negotiation skills.Excellent communication (written, verbal and presentation), interpersonal and networking skills with all levels of organizations.Strategic and forward-thinking with a proven track-record of general business management, including planning and forecasting.Language skills, Spanish and English are a must.Significant experience within primary insurance underwriting.Proven people management experience.University degree and/or relevant professional qualification.If you are excited about this role but your experience does not align perfectly with everything outlined, or you don't meet every requirement, we encourage you to apply anyway.
You might just be the candidate we are looking for!
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