Senior Underwriter Construction

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 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, initiating 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.

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.

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.

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

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 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…