We are looking for an Underwriter Liability (m/f), based in Madrid.

Impact

Reporting to the Regional Head of Liability for Iberia Region, you will be in charge of developing and executing the strategy for liability risks in the Spain market. With strong ties to the Group, you will also support the local strategy to ensure the successful achievement of the Allianz Mid Corporate targets. You will also be the contact person for agents and/or brokers working with the Liability Team.

Key Responsibilities

- Ensure underwriters comply with underwriting authority, pricing and rating guidelines.
- Steer and control the portfolio at local level in conjunction with the Head of Liability to drive the achievement of financial targets.
- Proactively liaise with functional areas to review performance of end‑to‑end underwriting life cycle.
- Work closely with Sales departments, Risk Consulting, Claims and other product lines to achieve key marketing strategies, including cross‑selling.
- Ensure underwriting consistency and discipline and adherence to all corporate guidelines and authority levels, including Rules and Principles, Underwriting Authorities, corporate governance rules and local regulatory framework.
- Proactively support the development and implementation of new and/or modified products.
- Support the acquisition of new business and retention of existing business (including agent and broker negotiations).
- Communicate local business strategy externally.

Key Requirements / Skills / Experience

- Degree in Law, Economics or other appropriate discipline.
- At least 3 to 5 years’ proven experience in underwriting profitable liability business for corporate clients.
- Ideally experienced in PI / D&O;, Cyber Risks, Legal Expenses and multinational clients/programs.




- Expertise in risk assessment and a firm understanding of policy administration life cycle.
- Sound knowledge of pricing, together with strong market analysis skills.
- Ideally experience in designing, developing and implementing consistent and robust wordings.
- Ideally experience in driving underwriting projects.
- Solid leadership skills and an entrepreneurial mindset.
- Strong communication skills.
- Data analytics skills.
- Ability to work in an international matrix organization.
- Fluent English and Spanish language skills.
- Very good knowledge in Office 365 and other collaborative tools, with willingness to learn and explore how AI can enhance your role and the broader organization.

Salary

For Spain, the base salary range for this position is between €51,000 and €68,000. The specific salary offered considers the requirements, scope, complexity and responsibilities of the role, as well as the applicant’s profile, education, expertise, specialization, skills and experience.

Benefits

- Hybrid working model with versátil arrangements.
- Competitive base salary and attractive performance‑based variable component.
- Generous bonus scheme and pension plan.
- Career development and digital learning programs.
- Health and wellbeing support, including private healthcare and generous parental leave benefits.

Equal Opportunity

Allianz Commercial is an inclusive employer. We welcome applications regardless of ethnicity, cultural background, age, gender, nationality, religion, disability or sexual orientation.

Recruitment Process

Allianz Commercial has an in‑house recruitment team and does not accept unsolicited resumes from agencies.

Contact

For any adjustments during the application and selection process, please email

📌 Underwriter Liability (m/f) (Madrid)
🏢 Allianz Commercial
📍 Madrid