Job Description - Assistant Underwriter (Marine Hull) (78103398D20241212)
Assistant Underwriter - Marine Hull
London, UK
AXA XL’s culture of profitable growth is the core when executing consistent underwriting standards, practices and procedures. As an Assistant Underwriter, you will support the Underwriters in the region in all tasks related to underwriting and administration support. You will work closely with our Underwriters supporting them in their activities associated with renewals, maintenance of accounts, and on models and systems. As an excellent team player, you will assist the team in data quality assurance and continuous development of best practices in Business Services. You will utilize your fantastic communication and relationship-building skills as you work closely with the underwriters, clients, and various functions and departments within the company.
This role will be working within our Marine Hull team.
What will your essential responsibilities include?
1. Underwriting under guidance (within limits); preparing individual cases for pricing and modelling, liaising with Actuaries to deliver technical pricing to Underwriter; using modelling systems to aid the underwriting process; conducting research as requested by Underwriter.
2. Where granted, you must operate within your defined authority level which will be commensurate with your skills and knowledge. This authority will be periodically reviewed as your experience grows and you demonstrate the competence as well as confidence to exercise it.
3. Conducting pre-underwriting for renewals, handling endorsements on active business, conducting specific analyses for new business, and following up on renewals.
4. Preparing monthly reports.
5. Entering information into the underwriting systems.
6. Developing an internal network for facilitating the transfer of information and data between functions and departments in order to service the requirements of the underwriters and clients.
7. Assist the business group in maintaining and developing their book of business while developing the necessary skill sets and defined authority to accept risk in underwriting of a profitable account.
8. Understand the strategy and financial targets of XL Catlin Insurance and those applicable to the business unit. You will be set appropriate individual targets and goals that support delivery of the business plan.
9. Attending internal and external meetings with clients and brokers.
You will report to the Underwriting Manager – Marine Hull.
We’re looking for someone who has these abilities and skills:
1. A personal drive for excellence, a track record of exceeding expectations, and a flair for innovation.
2. Able to perform tasks according to established procedures, with some ability to exercise discretion.
3. Uses judgment to identify and solve day-to-day problems in straightforward situations.
4. Excellent analytical skills with the ability to think quickly and innovatively while working in a disciplined manner.
5. You will be confident and comfortable taking personal responsibility for your work but will also be a collaborative team player.
6. Ability to adapt quickly and easily to new conditions and requirements, externally in the market or internally within a changing organization.
7. You will have good interpersonal skills and an interest in business development.
8. Relevant professional designations or be progressing along the way to achieving such designations: You will be expected to undertake professional studies where these are not already held commensurate with the roles and responsibilities.
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.
AXA XL is an Equal Opportunity Employer.
Location
London, UK
Schedule
Full-time
Job Type
Standard
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