Senior Underwriter

Senior Casualty Underwriter

Madrid, Spain

This position reports to the Casualty Manager, Iberia

DISCOVER your opportunity

Role Purpose

Responsible for working within authority limits on assignments reflecting the expert degree of technical complexity and coordination under broad management direction.

Key responsibilities will involve underwriting business for Spain & Portugal clients in line with the business plan; monitoring aggregate exposure within agreed limits; monitoring premium income to ensure it remains within agreed limits; maintaining awareness of all claims advised; supporting and providing input on settlement of claims advised; building and maintaining relationships with brokers and clients; supporting the design and structure of risks.

Job Responsibilities

What will your essential responsibilities include?

Underwrite, manage and service a renewal book and produce new business in accordance with business unit goals and aligned with local and group underwriting guidelines.

In coordination with the Casualty manager, develop and manage underwriting strategies for both renewals and targets within your portfolio of accounts, including knowledge of the current penetration by product, cross marketing penetration and specific plans to increase company share.

Analysis and evaluation of risks showing technical consistency.

Build and enhance relationships with brokers and clients and identify and establish new distribution relationships.

Maintain expertise with the products, services, priorities, and targeted markets.

Maintain awareness of all claims advised while supporting and providing input on settlement of claims.

Identify and drive new product development opportunities. Effectively cross-market with other AXA XL lines; meet with brokers and insureds as required.

Cultivate key broker relationships to maintain a steady stream of business within our underwriting appetite.

SHARE your talent

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

Bachelor’s Degree in Law, Business Administration or Engineering.

Extensive experience in underwriting, policy development, and broker management in Liability. Experience in corporate segment will be valued.

Possess a high and extensive level of technical knowledge and skills.

Liability underwriting expertise.

Ability to respond to a changing environment with flexibility and innovation.

Fluent in Spanish and English

Recognized in the Spanish Market.

Valued knowledge of the Portuguese Market.

Insurance Essentials

Individuals in these roles will demonstrate the following:

Market knowledge

Strong underwriting skills

Wording assessment

Negotiation/Sales

Interpersonal Savvy

Industry Knowledge

Business Process

Analytical Skills

Pricing tool knowledge

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 strong 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

OneAXA

· Promote an OneAXA engagement model with the AXA Entities operating in Spain, share best practice.

· Co-Responsible for the local governance and monitoring of local synergies and boundaries.

· Training/support for local people on how best to leverage OneAXA entities.

· Coordinate and support revenue synergies and One AXA client experience within the country.

· Escalation & Troubleshooting.

Corporate Responsibility

At AXA XL our approach to corporate responsibility (CR) is the same as our approach to business; constantly seeking to provide innovative solutions to the world’s most complex problems. From offering our expertise, products and services to help build more resilient communities, to advancing understanding and response to climate change, our strategy – Our Impact. Our Future. – aligns key issues that are pertinent to our business – climate, water and financial resilience - and contributes to AXA Group’s purpose to “Act for human progress by protecting what matters”.

· Climate: We’re reducing our carbon footprint, protecting ecosystems and exploring how our business can help build a better world.

· Water: We’re developing water resilience where it is — and will be — needed most.

· Financial resilience: We’re helping create opportunities for the unemployed and underemployed, so they can be better prepared for unexpected changes.

· Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as our “Hearts in Action” programs.

For more information, please see the Corporate Responsibility section on our website.

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, while creating 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.

Schedule: Full-time

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