Overview
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We are looking for a Senior Financial Institutions Underwriter to develop, expand, and strengthen our Financial Institutions portfolio across Spain, Portugal, and Italy within our European Underwriting team.

Responsibilities

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- Underwrite and grow the Financial Institutions book of business profitably within the dedicated region.

- Establish, develop, and expand broker and customer relationships.

- Extend and consolidate our footprint as a recognized insurance partner by assessing, proposing, and negotiating insurance conditions for large and midsize projects, with a primary focus on Liability.

- Collaborate closely with the Madrid team regarding clients and brokers.

- Assess risks, coverage, terms, and conditions, driving related underwriting processes.

- Work with the General Manager of the Madrid office and the Liability department to ensure development and profitability of the portfolio.

- Develop underwriting strategy, guidelines, standards, processes, and tools, and develop new products or update existing ones as required.

- Handle referral business.

- Interact with other functions (Business Development, Technical Underwriting, Claims) across the business.

- Champion continuous improvements and continually work with the team to improve end‑to‑end processes and data accuracy.

- Attend regular broker and client meetings and travel to represent Markel as required.

Must-Haves

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- Ability to work in a fast‑paced environment, multi‑task,



and make quick decisions while maintaining underwriting integrity and profitability.

- Proven experience in an underwriting function and an understanding of the regional insurance market.

- Effective interpersonal skills to collaborate with partners within Spain and Southern Europe.

- Proactive approach to identifying new business opportunities with a strong focus on profitable growth.

- Fluency in Spanish, and a good level of written and spoken English. Knowledge of Portuguese and/or Italian is a plus.

- A positive mindset and people‑oriented work ethic.

- The legal right to live and work in Spain.

Benefits

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- A competitive starting salary plus annual bonus and strong benefits package.

- Company pension scheme, private medical and dental cover, life assurance.

- Opportunities to learn new skills and develop your career with support from the organization.

About Us

Markel Group (NYSE – MKL) is a Fortune 500 company with over 60 offices in 20+ countries, holding company for insurance, reinsurance, specialist advisory, and investment operations worldwide.

Equal Opportunity Statement

Markel is an equal opportunity employer and values 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. xhfqzwm We will ensure 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.

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📌 Senior Underwriter Financial Institutions (Madrid)
🏢 Markel Insurance
📍 Madrid