Underwriting Analyst (Hybrid; m/f/x/d)
Regular Employment
Location: Madrid, M, ES
Are you ready to join a global leader in insurance and risk management? Swiss Re Corporate Solutions is seeking a detail-oriented Underwriting Analyst experienced in Engineering and Construction, to support our dynamic team in Madrid. This role offers you the opportunity to work at the intersection of customer service and technical insurance operations while developing your expertise in multinational insurance programs.
About the Role
As an Underwriting Analyst, you'll be the backbone of our underwriting operations, ensuring smooth processing of International Insurance business for our corporate customers in the Spanish market. You'll collaborate with local underwriters, EMEA Operations teams, and colleagues across Europe to deliver exceptional service and maintain our high standards of quality.
Key Responsibilities
- Act as a technical expert in Construction and Engineering, supporting underwriting for complex and large international accounts
- Structure and coordinate multinational insurance programs, ensuring correct setup, documentation, and alignment across countries and stakeholders
- Manage full accounts end-to-end, from underwriting support and program structuring to documentation issuance and lifecycle management according to stablished SLA's
- Review and analyze technical documentation, translating findings into underwriting-relevant insights
- Ensure accurate reflection of terms, conditions, and risk characteristics in underwriting systems and tools
- Coordinate closely with international operations, local teams, and external partners to ensure timely delivery and consistency across the program
- Engage with customers through regular interaction with external brokers and insured clients
- Oversee contractual documentation (policies, certificates, endorsements), ensuring technical accuracy and compliance with local and international requirements
- Contribute actively to process improvement initiatives, SOP development, and system enhancements, bringing a technical and operational perspective
- Execute rule-based tasks following standard operating procedures with precision and attention to detail
About the Team
You will be joining our local Spanish team based in Madrid, a diverse group with varied proficiencies, skills, and experience levels, all united in their commitment to Swiss Re Corporate Solutions' success. The team works collaboratively with underwriters and operations specialists across EMEA to deliver exceptional service to our corporate clients and broker partners.
Together, we navigate the complexities of international insurance programs while maintaining the highest standards of quality and compliance.
About You
You're a detail-oriented professional with excellent communication skills and a passion for delivering quality work. You thrive in a collaborative environment and enjoy solving problems while managing multiple priorities. Your analytical mindset helps you work accurately with complex information, and your customer-focused attitude ensures positive interactions with both internal and external stakeholders.
We are looking for candidates who meet these requirements:
- Solid experience in Construction and Engineering Line of Business within International Insurance Programs, minimum required 5 years
- Proven track record managing multinational programs and full accounts for large and complex corporate clients
- Strong understanding of Construction and Engineering along with Property policy structures
- Excellent communication skills in English and Spanish, with the ability to translate technical concepts into underwriting and client-facing language
- High attention to detail, strong analytical skills, and a quality-driven mindset
- Ability to work effectively in multicultural, international environments and manage multiple priorities simultaneously
- Problem-solving skills when working with detailed information
For Spain, the base salary range for this position is between EUR 38,000 and EUR 64,000 (for a full-time role) based in experience and knowledge, with additional performance-based compensation and benefits. Swiss Re offers an inclusive and flexible environment where everyone can bring their authentic selves to work and their passion for sustainability.
As this role requires regular communication in English, please make sure to submit your application and CV in English language.
About Swiss Re Corporate Solutions
Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.
Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
We may use AI-powered tools to support the review and evaluation of applications for this position. These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.
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Reference Code: 137623
Reference Code: 137623
