Job Description - Underwriter - International Wholesale Liability
Job Number: 11006073D20241023
Location: London
A market leader in Lloyd’s, this long-established and growing London-based team forms part of the London Wholesale Casualty business unit and underwrites general liability risks for a vast array of businesses around the world. The portfolio includes risks via the open market and via facilities and delegated authority arrangements, ranging from railways in Australia to ski resorts in Canada to chemical plants in South America and to hotels in the Caribbean. Every day is different and presents new challenges, and we strive to find tailored solutions for our insureds that protect their businesses for the long-term.
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.
We’re looking for someone who has these abilities and skills:
1. Proven experience of underwriting with demonstrable track record of writing a profitable portfolio within the line of business.
2. Good industry knowledge and awareness of factors affecting this market.
3. Excellent customer service skills, including strong written and verbal communication skills.
4. Demonstrable analytical, negotiation and sales skills.
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.
AXA XL is an Equal Opportunity Employer.
Location
GB-GB-London
Work Locations
GB London 20 Gracechurch Street London EC3V 0BG
Schedule
Full-time
Job Type
Standard
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