Job Title
Senior Casualty Underwriter – Iberia (Spain & Portugal)
Overview
Sompo has a unique opportunity for a Senior Casualty Underwriter to strengthen our Casualty team. We are looking for an energetic and ambitious professional to join us in Madrid or Barcelona and contribute to our growth story in the Spanish & Portuguese market.
Location
Madrid or Barcelona office. The role offers a collaborative work environment that supports career development and long‐lasting careers.
What You'll Be Doing
Support the Head of Casualty Iberia in building and processing a portfolio of profitable Casualty business and creating offers with appropriate terms and conditions to achieve expected profitability. Focus on major accounts.
Underwrite complex insurance risks in accordance with the business plan and personal authority to meet business objectives.
Participate in contract negotiations, client meetings and prepare presentations to clients and brokers as part of policy renewals or new business.
Maintain existing client and broker relationships and develop new business opportunities in collaboration with Business Development colleagues.
Stay up to date with all underwriting strategies and policies and ensure they are respected for each account.
Support the development, introduction and modification of own products/product versions, including monitoring of the local market and product developments.
Monitor market developments, such as products, competitors and other market participants.
Support proactive sales activities with brokers and clients and participate in market events to promote the Sompo brand.
Active cross‐selling with other Sompo International Lines of Business to identify insurance needs arising from an insured transaction.
What You'll Bring
Bachelor or higher education in Business, Finance, Science, Law or related area.
8+ years professional experience in the insurance sector, with solid knowledge of the Casualty industry.
Strong product knowledge and previous underwriting experience in multinational GL programmes.
Understanding of a disciplined approach to underwriting and strong analytical skills.
Experience in multinational Casualty Insurance.
Experience in a start‐up environment or in developing new business and/or products within an established company is an advantage.
Excellent networking skills and knowledge of the commercial insurance market in Spain and Portugal.
Flexibility and willingness to travel within Spain & Portugal and provide the highest quality of service.
Languages: Fluent in Spanish and English; Portuguese would be a plus.
Our Benefits
Expansive Health & Wellness Benefits
Generous Retirement & Savings Plans
Global Parental Leave & Adoption Assistance
Equal Opportunity
Sompo is an equal opportunity employer committed to a diverse workforce. We value inclusiveness and reject all forms of racism, bigotry, prejudice and injustice.
Valoramos positivamente las solicitudes de personas con certificado de discapacidad igual o mayor al 33%, en cumplimiento de la legislación vigente, Ley General de Derechos de las Personas con Discapacidad y de su inclusión social (LGD).
About Sompo
Sompo is a global provider of property, casualty, and specialty insurance and reinsurance, building on 130 years of innovation. We are committed to simplifying risk management for our clients and fostering an environment where everyone belongs.
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