Senior Underwriter Energy
Looking for a role that will have a meaningful impact on Underwriting in Spain?
Come and progress your career in our European Underwriting team here at Markel in the breathtaking city of Madrid.
Join us and play your part in something special!
What part will you play?
If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs.
The opportunity:
Our ambition is to become market leader in the Renewable Energy Insurance Sector. This has led to an exciting new opportunity for a Senior Underwriter Energy, based in our Madrid office in the Torre de Cristal.
Reporting into the Head of Energy Europe, you will be responsible for generating and underwriting new business in the Engineering & Construction sector, with a focus on Renewable Energy. You will engage with brokers and clients in the region of Southern Europe region while also assisting in other European countries. Your role will be key in maintaining these relationships and providing a market leading service. Initial areas of focus will be; Onshore Wind Energy, Solar Photo-voltaic Energy, Mini Hydro and BESS.
What you’ll be doing:
- Underwriting and growing the Energy and Construction book of business profitably within the risk appetite
- Establishing, developing, and expanding broker and customer relationships
- Underwriting Construction projects (EAR, CAR) and Energy business while ensuring appropriate analysis and documentation.
- Extending and consolidating our footprint as a recognized insurance partner by assessing, proposing, and negotiating insurance conditions for large and midsize projects, with a primary focus on Renewable Energy.
- Working closely with local teams, clients and brokers.
- Assessing risks, coverage, terms, and conditions, driving related underwriting processes, and ensuring appropriate risk management when in a lead position.
- Acting as a point of reference on technical issues in the region within the global Engineering and Construction community and staying updated on new technologies and market trends
- Contributing to the development of marketing strategies for the region
- Supporting the growth of associated lines of business by actively cross-selling the capabilities and contributing to the development of tailored solutions for clients' needs
- Developing the Underwriting strategy, guidelines, standards, processes and tools to support this goal
- Managing the referral business with Underwriting authority
- Supporting the team in managing CAT accumulation, reinsurance interaction and treaty renewal
Our must-haves:
- A degree in Engineering or equivalent
- Minimum of five years engineering underwriting experience in the Renewable Energy sector
- Validated experience as a project engineer, including testing/commissioning responsibilities of large renewable projects
- Strong broker and client network
- Good understanding of natural catastrophe peril modelling and pricing for multi-year construction policies
- Experience and strong understanding of policy forms, including broker manuscripts
- Experience marketing to specialized brokers.
- Phenomenal communicator, skilled in negotiation, communications, and presentation
- Strong analytical skills and high proficiency in common IT applications.
- Ability to work in a fast-paced environment, multi-task, delegate where necessary and make quick decisions while maintaining integrity and profitability
- Effective interpersonal skills as you collaborate with local and regional partners, as well as internal colleagues, across Spain and Europe
- Proficiency in Spanish and English. Additional knowledge of Italian, or Portuguese an advantage.
- The legal right to live and work in Spain
Who we are:
Markel Group (NYSE – MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory, and investment operations around the world.
We’re all about people | We win together | We strive for better | We enjoy the everyday | We think further
What’s in it for you?
- A great starting salary plus annual bonus & strong benefits package
- 27 days paid holiday plus Bank Holidays
- Fantastic company pension scheme, private medical and dental cover, life assurance
- There are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!
Are you ready to play your part?
If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward, reach their full potential and seize opportunities. You’ll find your fit amongst our diverse global community of optimists and problem-solvers. We’re always pushing each other to think further because we believe that when we strive for better and realise our potential, we can help others reach theirs.
Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.
Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.
We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful.
