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 broker
Develop 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 Mana

📌 Financial Lines Manager (Madrid)
🏢 Starr Europe Insurance
📍 Madrid