Senior Financial Underwriter
hace 3 días
Company Overview
AXA XL is a leading provider of complex risks solutions, combining a comprehensive capital platform, data-driven insights, cutting-edge technology, and top talent in an agile and inclusive workspace.
About the Role
We are seeking a highly skilled Senior Financial Underwriter to join our team in Madrid, Spain. As a Senior Financial Underwriter, you will be responsible for underwriting new and renewal business for a range of clients across the book, working closely with brokers and clients to provide innovative and bespoke underwriting services.
Key Responsibilities
- Reviewing submissions, including applications, policy wording, inspection reports, loss runs, and financial reports to determine the degree of risk for each account.
- Calculating appropriate risk premium by considering risk costs inherent to the sector, reinsurance cessions, and 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.
Requirements and Qualifications
- Proven experience of underwriting, ideally with a proven track record of profitable underwriting in Financial Lines business.
- Good industry knowledge and awareness of factors affecting this market and new trends.
- Excellent communication and negotiation skills.
- Ability to work in a fast-paced environment and adapt to changing priorities.
- Bachelor's degree in a relevant field or equivalent experience.
What We Offer
- A competitive salary of approximately €80,000 per annum.
- A dynamic and inclusive work environment.
- Ongoing training and development opportunities.
- A generous benefits package, including health insurance and retirement plan.
Location and Schedule
The role is based in Madrid, Spain, and requires a full-time schedule.
Equal Opportunities Employer
AXA XL is an equal opportunities employer and welcomes applications from all qualified candidates.
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