Job Description - Underwriter Financial Lines (23000106D20241203)
Underwriter Financial Lines (Job Number: 23000106D20241203)
DISCOVER your opportunity Madrid, Spain
Joining AXA XL as 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 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 the 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.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 influences 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 a 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.
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.
AXA XL is an Equal Opportunity Employer.
LocationES-ES-Madrid
Work LocationsES Madrid Plaza de la Lealtad 4, 1st and 2nd Floors, Madrid 28014
ScheduleFull-time
Job TypeStandard
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