Technical Underwriter Position
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We are seeking an experienced Technical Underwriter to support our operations in Mexico City.
Responsibilities
- Develop new business and renewal submissions for direct insurance from local brokers and agents for a balanced portfolio of technical lines, including oil & gas, petrochemicals, chemicals, pharmaceuticals, utilities, process industries, mining, steel, and pulp & paper.
- Underwrite property, technical lines, and construction direct insurance business in Mexico based on delegated underwriting authority with support from regional profit centers.
- Cross-sell with regional profit center managers for casualty, financial lines, marine, and aviation to develop submissions on a direct insurance broker.
- Prepare referrals to supervise underwriters / managers in the home office or Latin America region.
- Arrange facultative reinsurance documentation for inward acceptance and outward placements.
- Assist in creating a list of target accounts and developing strategies to deal with such businesses.
- Meet regularly with local insurance and reinsurance brokers, insurance companies, and risk managers / insureds.
- Assist in preparing reports as required to comply with local insurance regulations.
- Perform technical lines, property, and construction loss control activity in Mexico.
Requirements
Bachelor's degree or equivalent.More than four years of experience in underwriting property / technical lines / construction insurance and / or reinsurance.Satisfactory knowledge of the Mexican insurance market for property technical lines and construction.Ability to work largely unsupervised.Ability to multitask and prioritize workflows efficiently.Teamwork.Effective negotiations and management skills.Computer literacy in Excel, Word, and PowerPoint.Practical experience of using underwriting rating tools and methods, including catastrophe risk modeling and pricing.Excellent knowledge of relevant policy wordings.Extensive knowledge of the Mexican insurance market, its main insurance brokers, and agents for property technical lines and construction.Comprehensive understanding of natural catastrophe exposures, especially earthquake, windstorm, tsunami, and flood.Languages : Full professional proficiency in Spanish and English.Ability and willingness to travel inside and outside Mexico as may be required.Key Skills : Underwriting, Technical Lines, Property Insurance, Construction Insurance, Reinsurance, Risk Management, Negotiations, Teamwork, Computer Literacy, Policy Wordings, Catastrophe Risk Modeling, Pricing, Natural Disaster Exposures, Flood Exposures, Windstorm Exposures, Tsunami Exposures, Earthquake Exposures, Mexican Insurance Market, Insurance Brokers, Agents, Spanish, English.