Underwriting Assistant - Transactional Risk
Skills
About the role
Who are we?
Howden is a global insurance group with employee ownership at its heart. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 24,000 employees spanning over 56 countries.
People join Howden for many different reasons, but they stay for the same one: our culture. It’s what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities – work / life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change at Howden.
Transactional Risks Underwriting Assistant
We are looking for a proactive and organised team player, eager to develop a career within the Transactional Risks insurance sector while embracing our company culture.
An opportunity to join a growing and dynamic team across Spain.
Full-time, permanent position, hybrid working.
Role overview
We are looking for a motivated and detail-oriented individual with excellent organisational and communication skills to join our Transactional Risks team in Spain. This is an excellent opportunity for an early-career professional who is interested in developing expertise in transactional insurance while supporting a fast-paced underwriting team.
You will work closely with underwriters and internal stakeholders to ensure the efficient management of transactions, policy administration and operational processes, while contributing to the delivery of an exceptional service to brokers and clients.
Role responsibilities
Coordinating the Transactional Risks deal pipeline, including registering new submissions in internal systems (RiskWrite and Salesforce), allocating opportunities to underwriters and monitoring deal progress;
Reviewing, preparing and executing Non-Disclosure Agreements (NDAs) in accordance with internal procedures;
Supporting policy administration activities, ensuring that underwriting documentation is accurately maintained, organised and archived in the appropriate systems and folders;
Reviewing and executing engagement documentation, including HHLs and Retainer Letters, in line with internal approval processes;
Supporting the underwriting process by reviewing pricing tools and assisting with pre-binding and post-binding checklists;
Preparing and issuing premium and underwriting fee invoices;
Monitoring outstanding receivables and following up on premium and fee payments with brokers and relevant internal stakeholders;
Assisting with revenue reporting, management information and data analysis;
Supporting and coordinating internal systems, operational processes and cross-functional activities with Operations, Finance, Compliance and other internal teams;
Acting as the first point of contact for brokers, responding to queries and ensuring timely coordination with the underwriting team; and
Ensuring compliance with internal procedures, underwriting guidelines and regulatory requirements.
Key requirements
University degree or relevant professional qualification in Business Administration, Law, Finance, Economics, Insurance or a related discipline;
Previous experience in insurance, financial services or an administrative or operations role is an advantage;
Strong organisational skills with excellent attention to detail and the ability to manage multiple priorities in a fast-paced environment;
Excellent communication and interpersonal skills, with a customer-oriented and proactive mindset;
Strong administrative and coordination skills, with the ability to work collaboratively across different teams;
Good analytical skills and confidence working with data and reporting;
Proficiency in Microsoft Office tools (particularly Excel, Word and Outlook), with the ability to quickly learn internal systems such as Salesforce and RiskWrite;
High level of integrity, discretion and professionalism when handling confidential information; and
Fluency in Spanish and English.
About DUAL
Established in 1998, DUAL is a leading global MGA with more than 1,500 employees and total premium revenues of USD 3.5 billion. Our global network enables us to provide access to international expertise, knowledge, and developments, so that we can continuously improve our products and services. We work hard to understand our customers' needs to ensure they receive consistently excellent service from DUAL.
Our culture: People First
Our core values dictate how we live and work. We're a group with independence and people at its heart and we're a home for talent with a unique culture: the biggest small company in the world.
The focus on being a people-first business has always been at the very heart of the Group; our vision was to create an independent business with a unique culture and one that would survive and thrive as a business controlled by the people working for it. Finding the most talented and entrepreneurial people to join the Group has been and will continue to be key.
Diversity and Inclusion
At DUAL, we consider our people our chief competitive advantage and, as such, we treat colleagues, candidates, clients and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.
What do we offer in return?
A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we’re looking for individuals who share the same values as us:
Our successes have all come from someone brave enough to try something new
We support each other in the small everyday moments and the bigger challenges
We are determined to make a positive difference at work and beyond
Reasonable adjustments
We're committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours or hybrid working.
If you're excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.
Not all positions can accommodate changes to working hours or locations. Reach out to your Recruitment Partner if you want to know more.
Permanent
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