Underwriter Energy

AXA Group is seeking an Underwriter Energy in Madrid, Spain, to join their Property, Energy, and Construction Underwriting team. The role involves underwriting energy business, developing client relationships, and ensuring profitable service delivery. Key responsibilities include risk analysis, premium negotiation, and collaboration with various stakeholders. Candidates should have knowledge of the insurance industry, strong communication skills in Spanish and English, and analytical abilities.
Underwriter Energy

Madrid, Spain

You will join the Spanish Property, Energy and Construction Underwriting team interacting with professionals Underwriters and technical experts to grow your potential in AXA XL, gaining insights and professionalism in a vibrant organization that cares about its people and makes inclusion and wellbeing a priority.

Your mission will be to deliver a profitable Underwriting service to clients and contribute to the development of a profitable portfolio in line with the agreed Business Plan. By representing AXA XL on the market you will develop high quality levels of relationships with brokers, clients and colleagues (Claims, Operations and transversal functions).

This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime.

DISCOVER your opportunity

What will your essential responsibilities include?
• Underwrite Energy business within the agreed business plan and individual authority: analysing risks and negotiating premiums, terms and conditions, ensuring adequate reinsurance acquired to cover specific risks, monitoring premium income to ensure it remains within set limits
• Support the business planning and forecasting process
• Seek, identify and develop opportunities for profitable business with new and existing customers.
• Develop relationships with stakeholders to ensure that business needs are achieved and personally getting to know and being known by brokers, clients, risk managers and account managers
• Collaborate with the Distribution Team by providing an effective and efficient service.
• Support the design and structure of risks and monitor financial exposure within significant limits
• Maintain awareness of all claims advised while supporting and providing input on settlement of claims
• Use knowledge and expertise to keep policy wordings up to date with legal requirements and market developments.
• Pass all necessary and accurate information on to Operations colleagues for them to ensure the correct release of policies and/or implementation of programs
• Collaborate in handing over all the necessary information to the Claims colleagues to handle in accurate information for claims handling
• Evaluate and improving systems, processes and procedures on an ongoing basis to obtain best efficiency in working methods.

You will report to Property, Energy and Construction Underwriter Manager, Iberia

SHARE your talent

We’re looking for someone who has these abilities and skills:

Know the insurance industry: Energy business, competitors, products, profitability concepts
• Communicate and work in Spanish and English
• Focus on customer, understand and anticipate needs to provide customized solutions: listen to clients to understand their needs and requirements; co-elaborate with customer to better build solution.
• Efficiently manages the interactions with other parties involved. Explores different alternatives and influence the other parties to reach an agreement with positive outcomes for all.
• Analytical skills to perform fact-based analyses on risks, simple or complex
• Work in team with members from different expertises, places and cultures to achieve collective goals.

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.

Learn more at axaxl.com

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. 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 axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.

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.

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 axaxl.com/sustainability