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Senior

Senior Financial Institutions Underwriter

Confirmed live in the last 24 hours

Markel

Markel

2 Locations
On-site
Posted April 7, 2026

Job Description

Senior Financial Institutions Underwriter

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 beautiful 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:

As Markel continues to drive its strategy to expand across Europe, we are looking to grow our Financial Lines team in Spain.

As a Senior Financial Institutions Underwriter, you will have

the opportunity to develop, expand, and strengthen our Financial Institutions portfolio across Spain, Portugal, and Italy.


 

What you’ll be doing:

  • Underwriting and growing the Financial Institutions book of business profitably, within the dedicated region
  • Establishing, developing, and expanding broker and customer relationships
  • 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 Liability
  • Working closely with our Madrid team regarding clients and brokers
  • Assessing risks, coverage, terms, and conditions, driving related underwriting processes
  • Working closely with the General Manager of the Madrid  office and the Liability department, to ensure development and profitability of the portfolio
  • Developing the Underwriting strategy, guidelines, standards, processes and tools  as well as developing new products and updating existing ones as required
  • Handling the referral business
  • Interacting with other functions (Business Development, Technical Underwriting, Claims) across the business
  • Championing continuous improvements and continually working with the team to improve end to end processes and data accuracy
  • Attending regular broker and client meetings with some travel to represent Markel as required

Our must-haves:

  • Ability to work in a fast-paced environment, multi-task, and make quick decsions while maintaining underwriting integrity and profitability
  • Proven experience in an Underwriting function and an understanding of the regional insurance market
  • Effective interpersonal skills as you 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 good level of written and spoken English. Knowledge of Portuguese and/or Italian a plus
  • A positive mind-set and people-oriented work ethic
  • 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.