Category Operational Excellence – Madrid, Madrid
The Spanish Marine & Aviation Underwriting Team within AXA XL provides insurance solutions for a diverse portfolio of large and corporate clients globally, offering a broad range of insurance solutions like Marine Cargo Policies, Project Cargo Policies, Freight Forwarders Liability Policies, Shipper's Interest Insurance Policies, General Aviation Policies, and Products/Airports liability for aviation policies.
Our Marine & Aviation Underwriting team has a great opportunity for an experienced underwriter to join this successful team and support the expansion of the practice.
As Underwriter, you will play a critical role within the team, focusing on assessing, quoting, and underwriting potential risks, processing deal documentation, managing workflow, establishing strong relationships internally and externally, and acting as the critical interface between the broker/clients and AXA XL. You are expected to generate profitable premium and develop broker and client relationships as we continue to build our underwriting capability.
Joining AXA XL is a great foundation step to launch your career; it can be a daunting adventure, but at AXA XL, we have industry experts and a market-leading Underwriting Academy to support you on that learning journey.
DISCOVER your opportunity What will your essential responsibilities include?
Underwrite, manage and service a renewal book and produce new business.Analysis and evaluation of risks.Negotiate with producers to achieve profit objectives.Maintain expertise with the products, services, priorities, and targeted markets.Support the business planning and forecasting process; monitor financial exposure and premium income to ensure it remains within set limits.Maintain awareness of all claims advised while supporting and providing input on settlement of claims.Identify and drive new product development opportunities.Ensure all underwriting activities are documented on the underwriting systems to the required data quality standards and ensure metrics meet the standards of the company.You will report to the Marine & Aviation Manager, Iberia.
We're looking for someone who has these abilities and skills:
Desired University Degree and knowledge in the maritime industry, e.g., Master.Understanding of insurance industry fundamentals and proven experience in marine/cargo underwriting activities. Aviation underwriting experience will be highly evaluated.Proficiency in English and Spanish is required; other languages are a plus.Robust communication and negotiation skills.Analytical skills and mathematical abilities.Excellent problem-solving and data-driven decision-making skills combined with a strong work ethic.Ability to respond to a changing environment with flexibility and innovation.Ability to develop and maintain relationships with customers, producers, and brokers, as well as across AXA XL and AXA Group entities.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.
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.
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.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
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