Senior Underwriter Property & Construction

Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.

Qualifications / Requirements

• To Develop, Underwrite & Manage the Property & Construction portfolio for Starr in Latin America (Onshore Operational Property Insurance for Oil, Gas, Petrochemicals, Chemicals, Pharmaceuticals, Power Generation/Utilities, Process Industries, Mining, Steel, and Pulp & Paper), Commercial Property, and Construction “All Risks” Insurance.

  You will work to identify and develop business, and provide insurance quotations to national and international brokers, including underwriting, proposals, and visits to the insured. This includes the:
   

• preparation of referrals on new and renewal business to your supervising Regional underwriter, and
• underwriting assessment of risks with the underwriting authority that may be delegated to you, and
• monitoring of the results on the accounts in your portfolio and taking of corrective measures if necessary.
• Meet regularly with local Brokers and Risk Managers/Insureds.
• Current practical underwriting experience in the relevant classes of insurance and reinsurance
• Excellent knowledge of
  • the Technical Lines and Construction Insurance and Reinsurance market, the Brokers, and relevant industries in Peru, and of international insurance/reinsurance markets,
  • the Technical Lines Operational Property insurance & Construction Insurance products and policy wordings.
• Extensive experience in the negotiation of Facultative reinsurance business.
• Minimum of 10 years of relevant work experience in Onshore Technical Lines Operational & Construction Insurance as an Insurance or Reinsurance Underwriter.
• Relevant insurance training courses would be an advantage.
• Full professional fluency in Spanish and English.
• Minimum of a Bachelor’s Degree or equivalent
• Among other responsibilities, you will:
• Underwrite, analyze, and manage the Onshore Property & Construction Insurance portfolio for Starr in Latin America, in accordance with Starr’s risk appetite and guidelines.
• Assist and implement the Facultative and/or Treaty reinsurance placement strategy;
• Work with the Regional Head of Property in Miami to prepare an Annual Business Plan and Budget.
• Place facultative reinsurance following Home Office guidelines as well as local regulations, as may be necessary.
• Create a list of target accounts and develop strategies to deal with such business.

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.