Roles & Responsibilities
Underwriting
Underwrite profitable business in accordance with business plans.Fully understand the risk & seek further clarity as required.Adhere to all Starr underwriting standards as outlined in the Underwriting Manual.Obtain sign-off for all business that is in excess of agreed authority levels or where any factor falls below rating guidelines.Adhere to rating tools and guidelines.Ensure that underwriting documentation, both paper and electronic, is accurate, complete, up-to-date and meet Starr's standards.Ensure that the policy wordings & clauses are slip referenced and agreed.Ensure that all accounts are contract certain at the time of binding.Submission Management and Binding
Ensure all bound, quoted, working and declined risks are logged as per guidelines.Follow up on outstanding quotes with the relevant brokerDevelop broker & client relationships to optimize opportunities to lead business, arranging or attending regular meetings, presentations and events.Ensure that the file is complete and contains all relevant documents.Obtain any outstanding items from the broker or underwriter in readiness for Peer Review.Ensure signings are accurate and are consistent with written confirmations.Liaise with brokers to follow up on outstanding renewals.Ensure schedule data & quotations accurately into the system.Ensure the Underwriting Notes are complete.Conduct Quality Assurance (QA) within 2 working days of binding or inception (whichever is the earliest) to check the accuracy of underwriting data entered on the system, ensuring the risk is contract certain.If Pre-binding Peer Review is not done, a Post-Peer Reviews within 5 working days from QA must be made in order to ensure the underwriting rationale, terms and conditions, pricing against Starr guidelines and the completeness of files.Reconcile and report all premiums due versus received in order to manage credit control.Plan and Develop
Together with the Regional Manager contribute to the Starr Spain strategy within Continental Europe, but specifically Iberia.Develop, produce and stablish local wordings with the assistant of UW team in UK and Continental Europe aligned to local market characteristics.With the supervision of the CUO produce a clear,



coherent underwriting strategy.Monitor premiums versus budget to ensure alignment with the business plan.Ensure that portfolio performance satisfies Starr's Underwriting Business Plan.Oversee that business retained within the portfolio continues to provides commercial advantage.Develop broker and client relationships to optimise opportunities to lead business, arranging or attending regular meetings, presentations and events.Explore client and company knowledge to identify and optimise cross-selling opportunities.Seek to grow market share by increasing awareness of technical expertise with outside parties.Review Internal Audits and Expert Review Reports to identify and implement improvements.Support the RM and CUO in producing a Casualty business strategy for approval by the Active Underwriter and the Board.Together with the RM and CUO, ensure adequate resource and capability to deliver the business plan and strategic objectives.Portfolio Management
Manage aggregations / accumulations of joint venture interests.Identify future areas of business opportunity.Provide raw data to the RM and CUO to inform the reinsurance strategy.Conduct/attend appropriate marketing meetings/presentations with reinsurers.Contribute to market groups and committees to strengthen the Starr brand and reputation.Monitor reinsurance coverage against the business plan, in association with the CUO.Delegate tasks for development purposes and provide appropriate support and supervision.Assist in the preparation of Realistic Disaster Scenarios (RDS) returns to determine effectiveness of reinsurance coverage against business.Review Internal Audits and Expert Review Reports to identify and implement improvements.People Management




Determine appropriate levels of underwriting authority for each UnderwriterSelect and recruit appropriate people in conjunction with the CUO and Human Resources.Produce a comprehensive Onboarding Plan for all newly appointed/promoted/seconded team members.Identify team and individual training needs.Work with team members and Human Resources to agree and implement development plans.Adhere to Company procedures for managing and recording individual and team performance and development.Ensure that team members Roles Profiles are reviewed at least annually or when a change in role occurs.Experience
Experience 10-15 years' experience;
Advanced knowledge of specific class of business;
Knowledge on market wordings and clauses and reinsurance practices;
Up-to-date knowledge ofclaims to inform future underwriting decisions;
Understanding of Business Plan.Skills
Technical coaching;
Judgment and decision making;
Business development;
Analytical thinking;
Advanced numeracy;
Team and individual management skills and practices;
and Report writing;
and Professional presentation skills.Systems & I.T
MS Office - Excel, Word, PowerPoint and Outlook;
Eclipse;
Salesforce;
Rating Tools.Qualifications
University degree levelAble to speak English fluently both written and spoken.Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.Starr is a integral insurance and investment organization providing property and casualty insurance solutions to business and industry, and one of the fastest-growing insurance companies in the world. Our talented and experienced associates manage risk and ultimately support the profitable growth of organizations in a dynamic, competitive and ever-changing marketplace. Join us and become part of our talented and passionate workforce.Https://starr.Com/About/Careers
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📌 Financial Lines Manager (Madrid)
🏢 Starr Europe Insurance
📍 Madrid