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Agent guide: [/agents.md](https://www.wearedevelopers.com/agents.md). --- # Senior Underwriter Cyber - Iberia - **Company:** Allianz Group - **Location:** Madrid, Spain (Remote available) - **Salary:** €65,000.0 - **Contract:** Permanent contract - **Skills:** Artificial Intelligence, Machine Learning - **Published:** July 30, 2026 - **Apply:** https://es.indeed.com/viewjob?jk=22cbb2f95152a4d7 ## About the Role * You have strong experience in underwriting profitable Cyber business in the Iberia region, with a proven ability to manage or contribute to a Cyber portfolio. * You ideally have a degree in Law, Business Administration, Economics, or another relevant discipline; equivalent professional experience is also considered. * You bring established broker relationships and a good understanding of the Iberia Cyber insurance market. * You have a strong understanding of regional and local Cyber insurance markets and the competitor landscape, including global market dynamics. * You have excellent analytical skills, with the ability to assess risk exposures, analyse performance against benchmarks, and apply sound underwriting judgement. * You have excellent communication and presentation skills, with the ability to build relationships and communicate clearly at all levels and with a wide range of stakeholders. * You demonstrate the ability to influence and motivate others without executive authority, driving outcomes through expertise, credibility, and collaboration. * You are comfortable using data insights, digital tools, and emerging technologies, including AI-enabled solutions, to support decision-making, improve efficiency, and contribute to broader organisational goals. * You have fluent Spanish and English language skills; proficiency in Portuguese or other Iberian languages is a strong advantage. * Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making is highly beneficial. ## Description * You will underwrite new and renewal Cyber accounts to meet top and bottom line targets, in accordance with underwriting guidelines and your delegated underwriting authority. * You will negotiate participation, pricing, and terms and conditions with brokers, ensuring competitive and profitable outcomes for the Cyber portfolio. * You will proactively manage exposure and capacity across the Cyber book, identifying and addressing concentration risks and emerging trends. * You will support the acquisition of new business and the retention of existing clients, working in close coordination with the Distribution and Client Relationship teams. * You will liaise proactively with Market Management and Distribution on market management initiatives, contributing to the development of the Cyber product offering in Iberia. * You will develop and maintain strong relationships with key brokers, clients, and other relevant stakeholders, representing Allianz Commercial positively and professionally in the market. * You will assess Cyber risk exposures, including digital dependencies, security controls, incident history, threat trends, and potential systemic risk, applying sound technical judgement to pricing and risk selection decisions. * You will contribute to the design, development, and implementation of consistent and robust policy wordings, supporting the quality and integrity of the Cyber product. ## Related Videos - [Unleashing the power of AI to prevent financial crime](https://www.wearedevelopers.com/videos/1088-unleashing-the-power-of-ai-to-prevent-financial-crime) - [Edit Your Future: Queerverse Radical AI](https://www.wearedevelopers.com/videos/909-edit-your-future-queerverse-radical-ai) - [Introduction to Azure Machine Learning](https://www.wearedevelopers.com/videos/368-introduction-to-azure-machine-learning) - [Angstfreude - AI and Corporate Culture - The Thrill and the Threat](https://www.wearedevelopers.com/videos/100354-angstfreude-ai-and-corporate-culture-the-thrill-and-the-threat) - [Inside Bitpanda's Tech Stack: Scaling a European Fintech Leader - Markus Dorner](https://www.wearedevelopers.com/videos/1979-inside-bitpanda-s-tech-stack-scaling-a-european-fintech-leader-markus-dorner) - [AI is dead, long live AK](https://www.wearedevelopers.com/videos/1093-ai-is-dead-long-live-ak) ## Related Articles - [Spanish Business Culture and Etiquette](https://www.wearedevelopers.com/magazine/353-spanish-business-culture-and-etiquette) - [Fully Remote Software Engineer Jobs](https://www.wearedevelopers.com/magazine/447-fully-remote-software-engineer-jobs) - [Jobs in Tech: The State of the European Market](https://www.wearedevelopers.com/magazine/575-jobs-in-tech-the-state-of-the-european-market) - [5 Best Emerging Tech Cities in Europe](https://www.wearedevelopers.com/magazine/361-5-best-emerging-tech-cities-in-europe) - [Coffee with Developers - Maria Apazoglou - Making AI understandable for all in production](https://www.wearedevelopers.com/magazine/475-coffee-with-developers-maria-apazoglou-making-ai-understandable-for-all-in-production) - [The 12 Best Jobs for Software Engineers](https://www.wearedevelopers.com/magazine/401-the-12-best-jobs-for-software-engineers)