This internship focuses on optimizing annuity issuance and management processes within the insurance sector. You will perform data extraction, reporting, and support financial and accounting analysis.
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Requirements
Have the right to work in Spain
AXA doesn't mention sponsorship in the ad.
Speak fluent Spanish
Listed as a requirement in the ad.
Work in English
English is required, per the ad.
Work on-site in Madrid
No relocation package mentioned.
Have senior-level experience
Senior-level role.
University degree
“University Degree and knowledge in maritime industry will be highly considerated” — per the ad.
Requirements
What we're looking for
We're looking for someone who has these abilities and skills:
- University Degree and knowledge in maritime industry will be highly considerated
- Knowledge of Insurance industry fundamentals and proven experience in marine/cargo Underwriting activities.
- Proficiency in English and Spanish is required, other languages are a plus.
- Know and use selling and negotiation techniques; adapt to the customer's situation, needs and behavior. Explores different alternatives and influence 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 team with colleagues of different seniority and expertise to achieve collective goals.
- Ability to respond to a changing environment with flexibility and innovation.
- Cultivate key broker relationships to maintain a steady stream of business within our underwriting appetite.
Pay & benefits
What you'll get
- Robust support for Flexible Working Arrangements
- Enhanced family-friendly leave benefits
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.
The role
Madrid, Espana
The Spanish Marine & Aviation Underwriting Team within AXA XL provide 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, Products/Airports liability for aviation policies.
Our Marine & Aviation Underwriting team has a great opportunity for an experienced underwriter join this successful team and support the expansion of the business.
What you'll do
As Underwriter, will be responsible for writing new and renewal business, establishing effective relationships internally and externally and acting as the first interface between the broker/clients and AXA XL, in support of the profitable growth of a portfolio in line with the agreed Business Plan.
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 brokers/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 settlement of claims.
Hiring process
Apply online
Talk with recruiter
With a recruiter
An initial conversation with a recruiter.
Interview
With hiring manager and key stakeholders
Meet the hiring manager and the key stakeholders you would work with.
- AXA aims to respond within two weeks of receiving an application.
- AXA UK adds tasks or presentations for many roles, psychometric tests for some, and a background check before the start date.
About AXA
AXA is a multinational insurance and asset management group headquartered in Paris, France. It is one of the world's largest insurance companies, operating across property, casualty, life, savings, and health insurance, with a strong presence in Europe, Asia, and the Americas. The group employs over 140,000 people and serves millions of clients globally, positioning itself as a leader in insurance and risk management.
In Spain, AXA operates as AXA España, with its main offices in Madrid and Barcelona, and a significant workforce across the country. The company is known for its focus on digital transformation, data-driven decision-making, and innovation in insurance products. For international professionals, AXA Spain offers a multicultural environment, opportunities in areas like AI, cybersecurity, data science, and underwriting, and a strong commitment to employee development and flexible working arrangements.
- Industry
- Insurance
- Founded
- 1985
- Employees
- 100,000+
- Headquarters
- Paris, France
- In Spain
- Madrid, Barcelona
- Website
- axa.com
Good to know if you are moving
- AXA Spain has offices in Madrid and Barcelona, with a significant number of roles in technology, data, and cybersecurity, making it a good fit for international tech professionals.
- The company offers a multicultural work environment, with English often used as a working language in many global and technical roles.
- AXA provides strong internal mobility opportunities, allowing employees to move between Spain and other global offices.
- Spain is a key market for AXA, with a large local workforce and a growing focus on digital innovation and AI.
- The company offers competitive benefits, including flexible working arrangements and professional development programs.
In their own words
About the company & team
You will report to Marine & Aviation Manager, Iberia.
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
Additional information
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.
- 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.
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.








