MAPFRE RE
Marine & Energy Treaty Reinsurance Underwriter
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Marine & Energy Treaty Reinsurance Underwriter – London
At Mapfre Re, the reinsurance company of the Mapfre Group, we are seeking a Marine & Energy Treaty Reinsurance Underwriter to join our London office.
This role offers the chance to work across a diverse and international portfolio, driving profitable growth by actively participating in portfolio management, underwriting strategy, and market development.
Ideal for candidates with reinsurance or broking experience in Marine lines, looking to develop technical and commercial underwriting expertise globally.
Key Responsibilities
- Underwrite and manage a portfolio of Marine & Energy treaty reinsurance business, including proportional and non-proportional structures
- Analyse submissions, assess exposures, and determine pricing, capacity, and terms & conditions
- Negotiate treaty terms, conditions, and wordings with cedents and brokers
- Contribute to the definition and execution of underwriting and portfolio strategies
- Monitor portfolio performance and propose corrective actions as needed
- Identify and develop new business opportunities across international markets
- Build and maintain strong relationships with brokers and clients
- Stay updated on market trends in Marine & Energy lines
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Requirements
- 5+ years of experience in reinsurance, preferably in Marine underwriting or a related role
- Experience in Marine & Energy lines (e.g., Cargo, Hull, Liability, Energy)
- Ability to collaborate closely with head office
- Background in reinsurance underwriting or broking (considered)
- Clear understanding of treaty structures (proportional/excess of loss)
- Strong analytical, negotiation, and communication skills
- Experience working with brokers/clients in international markets
- Fluent in Spanish (advantageous)
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What We Offer
- Opportunity to join a leading global reinsurer with a strong international presence
- International and collaborative work environment
- Career development within UNDERWRITING
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