Underwriting Assistant (Specialist) (m/f/d)

  • MSIG Europe SE - Madrid
  • Work experience
  • Commercial professions (other)
Underwriting Assistant (Specialist) (m/f/d), 1. image

To strengthen our team, we are looking for at the earliest possible date at our location in Madrid:

Underwriting Assistant (Specialist)(m/f/d)

Job Description

• Manage the day-to-day service and support of both existing and new clients. 

• Regularly liaise with and support brokers, providing both technical and operational assistance. 

• Demonstrate advanced reinsurance knowledge, with the ability to manage and interpret RI slips, and solid experience in facultative structures. 

• Handle coinsurance policies, acting on both a leading and following basis. 

• Issue and manage policy documentation, including wordings, certificates, endorsements, debit notes, payment bordereaux, etc., which are a core responsibility of the role. 

• Work closely with the Underwriting Team, supporting underwriters throughout the entire process, from receipt of the submission to issuance of the binding order. 

• Possess strong knowledge and experience in Global International Programs, which is a key requirement for the position. 

• Issue and manage Global International Programs fluently, including programs with local integrated policies. 

• Issue local policies and related documentation through both owned networks and fronting partners. 

• Use and manage tools focused on the instruction and coordination of Global International Programs. 

• Collaborate closely with the Finance Team to prevent inconsistencies and improve the efficiency of the cash-matching process. 

• Provide operational support to the Claims Team when required (e.g. policy numbers, risk locations, MSIG net retention). 

• Contribute to the further development and optimization of existing operational processes. 

• Proactively drive continuous operational improvements.

 

Qualification

• Minimum of eight years’ experience in a similar role. 

• Solid knowledge of the Property line of business is mandatory; experience across multiple lines of business is considered a strong advantage. 

• Broad experience in the insurance industry, with a good understanding of the full insurance policy lifecycle, ideally gained in an operational or project-based role. 

• Fluency in Spanish and English. 

• Strong (re)insurance technical skills. 

• Proven knowledge and hands-on experience with policy administration systems. 

• Excellent organizational skills, with the ability to prioritize effectively. 

• Strong interpersonal skills and excellent time management abilities. 

• Strong team player, able to take on additional workload during peak renewal periods. 

• Used to working under pressure. 

• Advanced Excel user.

 

Why MSIGEU?

The team that you would enrich is a small, highly specialized unit currently composed of three professionals with strong technical and operational backgrounds at our location in Madrid.
 
The team plays a key role in the day-to-day management, supporting underwriting, client service, local policy issuance and coordination with fronting partners and internal stakeholders. Working in close collaboration with Underwriting, Finance and Claims, the team is responsible for ensuring operational excellence throughout the full policy lifecycle, from submission and binding through issuance, cash management and claims support. The environment is collaborative, international and fast-paced, offering the opportunity to take ownership of processes, contribute to continuous improvement initiatives and actively participate in the further development of the team as the business grows.
 
We offer you a secure job with interesting tasks in a trusting working atmosphere with nice colleagues as well as
  • Attractive remuneration & company pension
  • Flexible working hours and mobile working
  • Attractive location in the heart of Madrid 
  • Great employee offers
  • Dynamic company with flat structures and design options
  • Noemi Cepeda
  • Head Of HR & General Affairs