Job ID: 8868

Entity: AXA XL

What you’ll be doing

As an Assistant Underwriter, you will be responsible for delivering a profitable ‘Underwriting’ service to your clients. Your key tasks include: underwriting business within the agreed business plan and individual authority;  supporting the business planning and forecasting process; monitoring financial exposure  within outlined limits; maintaining awareness of all claims advised while supporting and providing input on settlement of claims; building and maintaining relationships with brokers and clients; supporting the design and structure of risks; Embed Innovative company culture & actively work with IT and other Angel teams to ensure continuous development of efficient systems

What will your essential responsibilities include?

• To assist in the underwiring and management of Angels’ Financial Lines book of business

• Reviewing submissions including applications, policy wording, loss runs, and financial reports while conducting appropriate research to determine degree of risk for each account

• Calculating appropriate risk premium 

• Proactively, assisting, servicing and following up with clients on insurance

• Effective relationship management to initiate opportunities for cross-selling offered products and ensuring account retention.

• Controlling timely implementation of new and renewed accounts according to quality standards.

• Managing policy endorsements requests and mid term adjustments

• Maintaining awareness of all claims advised while supporting and providing input on settlement of claims

• Working collaboratively in a team environment, assisting underwriters, underwiring assistants and management team

• Develop, underwrite, quote and bind FL new and renewal business

• Deal with referrals and complex risks

• Assist the junior members of the team by acting as a referral point for business outside of their authority

• Deal efficiently with brokers queries as they arise

• Assist in preparing weekly and monthly reports

• Reinforce partnerships and relationships with brokers

You will report to the Underwriting Manager

What you’ll bring

We’re looking for someone who has these abilities and skills:

• Proven experience of underwriting Financial Lines / Directors and Officers Insurance and a good working knowledge of general insurance and insurance underwriting

• Industry/ product Knowledge and Commercial/Business Acumen.

• Good standard of numeracy and literacy/ Analytical, negotiation and sales/marketing skills

• Excellent written and oral communication skills. Excellent customer service focus is a must.
• Interpersonal Savvy - Demonstrated ability to build and maintain excellent insured and broker contacts.
• Ability to develop and understand business processes, strategy and planning

• Affinity with underwriting systems and online broker processing would be advantageous
• Collaborative team player who provides creative solutions and ideas for resolution.
• Knowledge of and ability to competently work with Microsoft office applications
• React to change proactively
• Be able to work effectively in a team environment and exhibit the flexibility necessary in an evolving organization

The following factors are important to enable a successful performance in this position:

• Technical skills particularly with D&O wordings
• Analytical decision making
• Self-motivation
• Collaborative team player

What we offer

Inclusion

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.   At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.

• Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
• Robust support for Flexible Working Arrangements
• Enhanced family-friendly leave benefits
• Named to the Diversity Best Practices Index
• Signatory to the UK Women in Finance Charter

Learn more at axaxl.com/about-us/inclusion-and-diversity.  AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars:

• Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
• Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
• Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
• AXA Hearts in Action:  We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.

For more information, please see axaxl.com/sustainability.

Who we are

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.

How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more at axaxl.com