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Overview
Requirements
Have the right to work in Spain
Línea Directa Aseguradora doesn't mention sponsorship in the ad.
Work in English
English is required, per the ad.
Work on-site in Tres Cantos
No relocation package mentioned.
Have 3+ years of experience
Mid-level role.
University degree
“Grado universitario en Economía, ADE, Finanzas y Contabilidad, Matemáticas, Estadística o Ingeniería.” — per the ad.
This job was automatically translated to English.
Requirements
What we're looking for
- Between 3-5 years of experience in technical insurance areas: underwriting, claims, actuarial, operations, or technical data.
- Previous experience in reinsurance (facultative or treaty) or in reinsurance brokers will be especially valued.
- Experience in contractual document management in English.
- Knowledge of non-life insurance products: motor, multi-risk, health.
- Knowledge of proportional and non-proportional reinsurance.
- Ability to interpret contracts and technical wording.
- Advanced Excel (essential).
- Proficiency in actuarial or analysis tools (SAS, databases, SQL...).
- English level B2-C1 due to contact with international markets.
- Strong analytical skills and attention to detail.
- Teamwork.
- Technical rigor and ability to handle large volumes of information.
- Communication skills (especially in international environments).
- Organization, prioritization, and time management.
- Proactivity and continuous learning.
- Ability to work with precision in closing and reporting processes.
Nice to have
- Master's in Actuarial and Financial Sciences.
- Complementary training in IFRS 17, Solvency II, risk models.
Education & certifications
- University degree in Economics, Business Administration, Finance and Accounting, Mathematics, Statistics, or Engineering.
- Specific training in Insurance/Reinsurance (Broker course, ICEA training, specialized master's, or other specific Reinsurance training).
The role
The person joining will be responsible for supporting the analysis, management, and control of the company's reinsurance programs. Their objective will be to ensure adequate risk transfer, compliance with contractual conditions, and the correct accounting and monitoring of obligations towards reinsurers, including qualitative information on ceded claims. Additionally, the person may support the rest of the team in matters related to technical reserves.
What you'll do
- Evaluate the risk exposure of the different lines of business.
- Collaborate in the statistical analysis, the optimal conditions of reinsurance treaties, as well as potential needs.
- Manage, review, and update contracts (proportional and non-proportional).
- Verify compliance with agreed conditions and coordinate annual renewals.
- Support in the preparation of wording, annexes, and technical documentation.
- Maintain fluid communication with national and international reinsurers.
- Participate in the negotiation of agreements and technical conditions.
- Manage the information flows and reporting required by reinsurers and brokers.
- Determine the portion of the claim that corresponds to the reinsurer.
- Prepare reports and supporting documentation for accounting.
- Control provisions, ceded premiums, and periodic settlements.
- Prepare periodic reports for Management, Actuarial Area, Audit, or the Regulator.
- Collaborate in reviews and testing related to Solvency II and current regulations.
- Ensure the traceability and quality of technical information.
About Línea Directa Aseguradora
Línea Directa Aseguradora S.A. Its business model is based on direct contact with policyholders across car, motorbike, professional vehicle, home, health, pet and shop insurance. The company closed 2025 with €1,135 million in premiums, a portfolio of 3.8 million clients, and around 2,400 employees.
It is a listed Spanish insurer that reports to the CNMV (Spain's securities regulator), and it operates the brands Línea Directa, Penélope and Aprecio. Its careers section ("Trabaja con nosotros") advertises job openings and internships, with current roles spanning areas such as reinsurance, AI engineering, digital advertising strategy and claims handling. The "Línea Directa" brand is used under licence from the Direct Line Group, though Línea Directa Aseguradora is independent of that group.
- Industry
- Insurance
- Employees
- 2,400
- In Spain
- Tres Cantos, Madrid
- Website
- lineadirectaaseguradora.com
Good to know if you are moving
- Línea Directa Aseguradora is Spain's first direct-sale general insurance company, serving individuals, the self-employed and SMEs across car, motorbike, home, health, pet and shop insurance.
- The company closed 2025 with €1,135 million in premiums and 3.8 million clients, and employs around 2,400 people.
- It is a listed Spanish insurer that reports to the CNMV, with published shareholder and financial information.
- Its careers portal ("Trabaja con nosotros") lists job openings and internships, with current roles in areas such as reinsurance, AI engineering, digital advertising and claims handling.
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