Job ID: 5721

Entity: AXA XL

What you’ll be doing

What will your essential responsibilities include?

• Source, price, manage and service opportunities within the frame of the overall business strategy.  Build and maintain relations with brokers, clients and AXA XL Re’s international offices / stakeholders to maximise underwriting opportunities
• Underwrite Casualty Treaty reinsurance business, exercising independent judgment based on a comprehensive knowledge of terms and conditions and coverage intent
• Articulate underwriting and pricing rationale, express detailed opinion about a given transaction
• Develop new and existing business in accordance with the business plan.  Thereby, work as part of the regional team consisting of other underwriters and market managers.  Some flexibility of territorial responsibility exists for the right candidate
• Contribute to technical discussions for other regions within International Re, for example in Asia
• Analyse and prepare client and exposure data, apply and use pricing tools, provide and structure the necessary information for peer reviews and committee referrals
• Contribute to business planning and portfolio performance analysis.  Support implementation of business development activities and ad hoc project work including, but not limited to: portfolio optimisation, identification of key brokers and markets, action plans from marketing activities
• Ensure that all information is entered on the respective underwriting, pricing, exposure and data storage systems and is kept up-to-date and accurate.  Comply with external and internal regulatory and statutory policies, procedures and regulations
• Prompt processing of slips and wordings, monitoring and assisting with the chasing of premium and claims to facilitate effective cash flow management
• Ad hoc research, project work and preparation of underwriting files for Management enabling them to make informed underwriting decisions
• Operate as an effective team member by supporting colleagues and contributing to the delivery and achievement of overall business objectives
• You will be expected to undertake professional studies where these are not already held commensurate with the roles and responsibilities.

What you’ll bring

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

Required Skills and Abilities:

• Experience in casualty reinsurance underwriting, ideally in continental Europe.  Candidates with experience and contacts in other territories will be actively considered, as will long-tail experience gained within direct insurance or broking environments
• Fluent in English and German or French.  Additionally Spanish, Portuguese or Italian could be highly useful.
• Excellent working knowledge of Excel and other Microsoft Office programs, including PowerBI
• Proven track record of technical underwriting and building relationships, both with internal stakeholders as well as clients and brokers as there will be significant dealings with clients and brokers including attendance to presentations and meetings
• Outstanding marketing, negotiation, commercial and presentation skills
• A desire to be helpful and take initiative, comfortable taking ownership for work, identifying the need for action whilst working effectively within a team
• Deep knowledge of casualty reinsurance coverage, underwriting and process – particularly in Motor plus all coverages within General Liability and Professional Liability
• London Market or other reinsurance hub experience useful

Desired Skills and Abilities:

• Creative problem-solver and analytical thinker who can demonstrate adaptability and accuracy, along with sharp numerical and logical skills and an ability to extract & clearly articulate key points for the respective various stakeholders
• Outstanding technical understanding of actuarial processes and methods
• Effective organising skills, including effective scheduling, prioritisation and time management skills.  Able to complete tasks to tight deadlines and make decisions independently.  Demonstration of a ‘can do’ attitude, even under demanding circumstances
• Ability to perform in a pressurised environment and adjusting comfortably to changing conditions and priorities
• Flexible in terms of working hours and preparedness to travel
• Ability to display each of the AXA Values in your daily work: Customer first, Integrity, Courage and One AXA

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

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.