Senior Underwriter Construction

Madrid, Spain

Joining AXA XL as Senior 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.
What You'll Be DOING
What will your essential responsibilities include?

• Reviewing submissions including policy wording, inspection reports 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.
• Accountability for underwriting results of the Construction book; contributing to overall strategy and financial planning.
• 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 engagement with brokers, ensuring a good flow of new business, initiate opportunities for cross-selling offered products and ensuring account retention. Upholding and enhancing AXA XL's brand in the market.
• 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

You will report to Underwriter Manager, Construction - Iberia

What You Will BRING
We're looking for someone who has these abilities and skills:

• Engineering Degree with proven experience of underwriting and portfolio monitoring, ideally with a proven track record of profitable underwriting in Construction line of business
• Good industry knowledge and awareness of factors affecting Spanish market. Knowledge of underwriting processes and procedures.
• Effective engage with brokers, ensuring relationship growth and a good flow of new business. Know and use selling and negotiation techniques; adapt to the client's situation, needs and behaviour.
• Analytical thinking, performing fact and data-based analyses of situations or issues.
• Motivation to grow professionally in a high-expertise team and work environment.
• Proactive attitude facing new challenges. Ability to respond to a changing environment with flexibility and innovation.
• Appreciate and propose new and creative ideas, taking practical considerations into account
• Communicate and work in Spanish and English.

Who WE Are
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

What We OFFER
Inclusion
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 enables business growth and is critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and 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 AXA XL is an Equal Opportunity Employer.

Total Rewards
AXA XL's Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We're committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

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 Sustainability strategy, called "Roots of resilience", focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars

• 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