Job Description - Underwriter I – Wholesale Casualty, UK & Ireland (12990017D20250327)
Job Number:
12990017D20250327
Underwriter I – Wholesale Casualty, UK & Ireland
London, UK
The UK & Ireland Wholesale Casualty is a team of 6 experienced London Market Underwriters with a reputation as a market of choice in the UK&I wholesale space. The portfolio consists of Employer’s Liability, Public / Products / Pollution Liability and Contractors’ All Risks / mobile plant and equipment. Appetite is broad and includes contractors, construction, general engineering and manufacturing, life science and products liability driven business written across both Lloyds & Company platforms. Our expertise encompasses Delegated Authority, Facility & Open Market business.
This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime.
What will your essential responsibilities include?
1. Reviewing submissions including applications, policy wording, inspection reports, loss runs, and financial reports while conducting appropriate research to determine degree of risk for each account.
2. Calculating appropriate risk premium by considering the risk costs inherent to the International Wholesale Liability sector, reinsurance cessions as well as the Underwriting and general administration costs while ensuring profitability.
3. Proactively advising, assisting, servicing, and following up with clients on insurance and risk management matters to ensure satisfaction and fulfillment of their insurance requirements.
4. Effective relationship management to initiate opportunities for cross-selling offered products and ensuring account retention.
5. Controlling timely implementation of new and renewed accounts according to quality standards.
6. In coordination with other internal teams, determining appropriate reinsurance for risk placements both on excess of loss and quota share basis.
7. Reviewing loss control reports and managing policy endorsement requests to process any necessary changes to the policy.
8. Supporting the business planning and forecasting process; monitoring financial exposure within outlined limits; monitoring premium income to ensure it remains within set limits.
9. Maintaining awareness of all claims advised while supporting and providing input on settlement of claims.
You will report to the Underwriting Manager.
We’re looking for someone who has these abilities and skills:
1. Proven underwriting experience in Wholesale Casualty, possessing functional knowledge and skills reflective of a fully competent practitioner.
2. Demonstrated progression through the UA and AU roles.
3. Preferably direct and active experience of working in the Lloyd’s market including knowledge of handling Binder & MGA business.
4. Good industry knowledge and awareness of factors affecting this market.
5. Excellent customer service skills, including written and verbal communication skills.
6. Demonstrable analytical, negotiation and sales skills.
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks.
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 a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential.
Location
GB-GB-London
Work Locations
GB London 20 Gracechurch Street London EC3V 0BG
Schedule
Full-time
Job Type
Standard
AXA XL is an Equal Opportunity Employer and does not discriminate against any colleague or applicant for employment on the basis of race, color, national origin, religion, sex, gender identity and/or expression, sexual orientation, age, disability, genetic information, veteran status, military status or any other category protected by local law.
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