Senior Underwriter Financial Lines

AXA XL; Madrid; Presencial; EUR 60.000 - 100.000; Jornada completa

Descripción de la vacante

An established industry player is seeking a skilled Underwriter to join their team in Madrid. In this role, you will leverage your expertise in underwriting and Financial Lines to provide tailored solutions for a diverse client base. You'll be responsible for assessing risks, managing client relationships, and ensuring profitable growth in line with business objectives. This position offers an exciting opportunity to work in a dynamic environment where your contributions will directly impact the success of the organization. Join a forward-thinking company that values innovation and collaboration, and help shape the future of risk management.

Servicios

Flexible Working Arrangements

Enhanced family friendly leave benefits

Diversity and Inclusion initiatives

Volunteering and charitable giving programs

Formación

• Proven experience in underwriting, especially in Financial Lines.
• Strong analytical skills and ability to make data-driven decisions.

Responsabilidades

• Review submissions and determine risk for each account.
• Manage relationships with clients and brokers for account retention.
• Support business planning and monitor financial exposure.

Conocimientos

Underwriting experience

Financial Lines knowledge

Analytical thinking

Communication in English and Spanish

Relationship management

Negotiation techniques

Educación

Bachelor's degree in a relevant field

Descripción del empleo

Joining AXA XL as an experienced Underwriter you will have the opportunity to work with a wide range of clients to provide an innovative and bespoke underwriting service. Each risk we consider is unique which means our clients and brokers should enjoy a best practice, market leading experience of working with us.

In your underwriting role you will be responsible for writing new and renewal business for an allocated range of clients across the book, working with brokers and clients in support of the profitable growth of a portfolio in line with the agreed Business Plan, as well as developing high quality levels of relationships with brokers, clients and internal functions.

This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime.

DISCOVER your opportunity

What will your essential responsibilities include?

• Reviewing submissions including applications, policy wording, inspection reports, loss runs, and financial reports while conducting appropriate research to determine the degree of risk for each account.
• Calculating appropriate risk premium by considering the risk costs inherent to the sector, reinsurance cessions as well as the Underwriting and general administration costs while ensuring profitability.
• Proactively advising, assisting, servicing and following up with clients on insurance and risk management matters to ensure satisfaction and fulfillment of their insurance requirements.
• Effective relationship management to initiate opportunities for cross-selling offered products and ensuring account retention.
• Controlling timely implementation of new and renewed accounts according to quality standards.
• Supporting the business planning and forecasting process; monitoring financial exposure within outlined limits; monitoring premium income to ensure it remains within set limits.
• Maintaining awareness of all claims advised while supporting and providing input on settlement of claims.

You will report to Underwriting Manager FL & Cyber, Iberia

We’re looking for someone who has these abilities and skills :

• Proven experience of underwriting, ideally with a proven track record of profitable underwriting in Financial Lines business. (D&O and FI)
• Good industry knowledge and awareness of factors affecting this market and new trends
• Communicate and work in English and Spanish
• Understands stakeholders’ needs and concerns and identifies points of agreement. Efficiently manages the interactions with other parties involved.
• Know and use selling and negotiation techniques; adapt to the customer's situation, needs and behavior. Explores different alternatives and influence the other parties to reach an agreement with positive outcomes for all.
• Analytical thinking, performing fact and data-based analyses of situations or issues. Make swift and efficient data-based decisions and keep the focus on goals over time.
• Work in team with colleagues of different seniorities and expertise to achieve collective goals.
• Appreciate and propose new and creative ideas, taking practical considerations into account.

FIND your future

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re / insurance, we reinvent it.

How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more at axaxl.com

Inclusion & Diversity

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.

At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.

• Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe
• Robust support for Flexible Working Arrangements
• Enhanced family friendly leave benefits
• Named to the Diversity Best Practices Index
• Signatory to the UK Women in Finance Charter

Learn more at axaxl.com / about-us / inclusion-and-diversity . AXA XL is an Equal Opportunity Employer.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

• Valuing nature : How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
• Addressing climate change : The effects of a changing climate are far reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
• Integrating ESG : All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
• AXA Hearts in Action : We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.

For more information, please see axaxl.com / sustainability

Senior Underwriter Financial Lines • Madrid, Community of Madrid, Spain