Latam Underwriter

AXA Climate was established in 2019 to help private and public-sector entities adapt to climate and environmental challenges. At the time, we provided support in the event of climate-related hazards through parametric insurance. Still a key part of our activity, our teams also grew to provide support through a combination of insurance products, training, consulting, and specialized tools.

About the Role

This position is part of the team dedicated to parametric insurance. You'll be working on Business Development & Growth, Underwriting Leadership, and Risk Assessment & Portfolio Management across LATAM markets.

Responsibilities

Business Development & Growth

• Define and execute AXA Climate’s commercial growth strategy across LATAM markets.
• Identify emerging climate risks and client needs in the region.
• Originate new business opportunities with brokers, insurers, public sector institutions, NGOs, and financial partners.
• Build strategic partnerships and distribution channels in priority markets including Colombia, Mexico, and Brazil.
• Represent AXA Climate at industry conferences and market events.
• Contribute to underwriting strategy and execution for climate-related insurance and parametric products across Latin America with the support of Paris-based underwriting team.
• Oversee opportunity selection, deal qualification, and portfolio development across priority markets and serve Latin American clients/partners within AXA Climate governance and risk appetite.
• Provide strategic judgment on market entry opportunities, risk appetite alignment, and transaction feasibility.
• Support contract structuring and implementation by helping navigate local legal frameworks, regulatory environments, and operational constraints.
• Structure and price weather-related parametric products for LATAM clients (agriculture yield, frost, excess of precipitation, drought, hail, temperature, flood, tropical cyclone, etc.).
• Design trigger mechanisms and payout structures adapted to clients’ needs.
• Develop models and enhance the understanding of the underlying index.
• Provide quantitative and qualitative risk assessment of the perils.
• Establish and ensure adherence to underwriting guidelines to ensure consistency and compliance with risk appetite, compliance standards, internal governance framework and legal requirements.
• Manage and monitor risk accumulation by peril and geographic region.
• Identify large deals and collaborate with reinsurance partners to secure necessary capacity.
• 7+ years of experience in underwriting, reinsurance, or structured risk solutions.
• Strong understanding of insurance markets in LATAM and broker ecosystems.
• Experience in agriculture, climate risk, nat cat, or parametric solutions is highly desirable.
• Entrepreneurial mindset with ability to build markets from the ground up.
• Strong negotiation, communication, and stakeholder management skills.
• Fluent in Spanish and English required; Portuguese is a strong plus.