Financial Lines Manager (Tarragona)

Financial Lines Manager (Tarragona)

22 oct
|
Starr Europe Insurance
|
Tarragona

22 oct

Starr Europe Insurance

Tarragona

Roles & ResponsibilitiesUnderwriting
* 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 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 Underwriter
* Select 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 of claims to inform future underwriting decisions; Understanding of Business Plan. Skills Te

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

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