Job Description - Underwriting Assistant (12002448D20250122)
Job Number:
Underwriting Assistant (12002448D20250122)
DISCOVER your opportunity
Underwriting Assistant – Terrorism
Closing date for applications will be 21st February 2025.
Angel Risk Management specialises in underwriting products for the small to medium-sized sector on behalf of AXA XL – the global insurer that combines financial security with a nimble and empowered approach.
The majority of Angel online business is underwritten either via the Angel Underwriting bespoke system from the Angel Chelmsford office or the Angel online quick quote system.
A typical Angel broker would usually be a smaller and predominately regionally focused broker, often independently owned.
AXA XL provides property, casualty, professional and specialty products to industrial, commercial and professional businesses, insurers and enterprises throughout the world.
Provide admin support to Assistant Underwriters and Underwriters while developing the necessary skill sets required to obtain underwriting authority. Work towards achieving the necessary qualifications to underwrite a growing terrorism account. Tasks include: accurate and timely data entry and processing; information management, monitoring and assisting in chasing premiums; producing data for monthly reporting; using modeling systems to assist underwriting process, contribute to Innovation, development of efficient systems and company culture.
What will your essential responsibilities include?
1. Learn how to analyse and price terrorism risks.
2. Understand how an underwriter comes to the decision on whether to accept or decline a risk.
3. Learn how to read and understand insurance policies.
4. Work alongside class underwriter to develop technical skills and improve ability to price risks.
5. Work alongside brokers to gain a better understanding of the risk being presented.
6. Handling mid-term adjustments on active business.
7. Daily, weekly & monthly renewal chasing via email and telephone calls with Brokers.
8. Generate monthly reports and bordereau’s for management reporting.
You will report to the lead Terrorism underwriter.
We’re looking for someone who has these abilities and skills:
1. Education, to a minimum A-level standard or equivalent.
2. Ability to achieve goals that are set within the Company and produce good quality results when under pressure.
3. Excellent interpersonal and communication skills to liaise with external & internal parties to build and maintain relationships.
4. Highly organised with the ability to prioritise in order to meet various deadlines and keeping on track of the workloads.
5. Good standard of numeracy and literacy.
6. Proficient working knowledge of Microsoft Excel.
7. Able to think well independently, and willing to engage with colleagues to better understanding.
8. React to change proactively.
9. Be able to work effectively in a team environment and exhibit the flexibility necessary in an evolving organisation.
10. Motivation to work towards insurance qualifications.
FIND your future
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.
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
Location: GB-GB-Chelmsford
Work Locations: GB Chelmsford Victoria Rd S Ground Floor, Marlborough House, Victoria Road South Chelmsford CM1 1LN
Job Field
Schedule
Schedule: Full-time
Job Type
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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