Assisting with the underwriting of reinsurance programmes in accordance with the business plan and within delegated underwriting authority, including the use of actuarial pricing tools, preparation of underwriting recommendations and review of contract wordings. Maintaining all procedures and processes created by the department to ensure a consistent underwriting approach and good data quality. The FRRI Underwriting team writes circa $1bn global reinsurance portfolio that includes many different specialty classes.

The team is based in multiple offices, including London, Paris, Bogota, Sao Paulo, Miami, Bermuda, Cologne, Amsterdam, Milan and Madrid, and we aspire to work as one global team. Strategy and Planning Contribute, as required, to the planning process through research and preparation of relevant materials. Develop knowledge of market dynamics and market cycles to support the performance of the underwriting team.

Support the review and analysis of the portfolio, to identify progress towards business objectives. Process entries, as required, properly onto relevant systems in a timely manner, ensuring the accuracy of data relating to both underwriting and aggregate exposures.



Work collaboratively with colleagues across the global Financial Risks Reinsurance team.

Support the consistent application of departmental procedures and controls. These requirements include the Senior Managers and Certification Regime Conduct Rules, Solvency II, fair treatment of customers, Financial Crime, Data Protection, Conflicts of Interest, and Whistleblowing.

Experience gained within the Insurance/Reinsurance market. Fluency in English and Spanish is required.

German

Good knowledge of legal and regulatory requirements. Using actuarial pricing tools based in Excel and online will be required. Ability to analyse and use data to support decision-making.

Liberty Mutual

Reinsurance is part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading integral insurer.

We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation.

Our Inclusion

Matters framework and employee-led networks strengthen the diversity of our workforce and our inclusive environment.

📌 Assistant Underwriter: Cyber Reinsurance (Madrid)
🏢 Liberty Mutual Reinsurance
📍 Madrid