Job Description - Underwriter - International Casualty, UK Retail (78003990D20240710)
Underwriter - International Casualty, UK Retail
Job Number: 78003990D20240710
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Underwriter I – International Casualty
London
We are currently looking for an Underwriter to join our International Casualty team in London. This will suit an Assistant Underwriter or Underwriter who has already developed their underwriting skills and LOB knowledge and is ready to take on more responsibility/authority in their Underwriting role.
The International Casualty, UK Retail Underwriting Team within AXA XL offers insurance solutions for Employers’ and General liability as well as Environmental Impairment Liability for a diverse portfolio of large and corporate clients globally, spanning a broad range of trades from manufacturing and engineering to automotive all the way through to food and beverage manufacturers.
The team offers innovative risk transfer and risk management solutions that meet the needs of today’s local businesses and global players alike, by working closely with dedicated loss prevention service units and account management teams.
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 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 and brokers on insurance and risk management matters to ensure satisfaction and fulfilment 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. Reviewing loss control reports and managing policy endorsement requests to process any necessary changes to the policy.
7. Support the business planning and forecasting process; monitor financial exposure within outlined limits; monitor premium income to ensure it remains within set limits.
8. Maintain awareness of all claims advised while supporting and providing input on settlement of claims.
9. Working collaboratively in a team environment, assisting underwriters, underwriting assistants and management team.
You will report to the Underwriting Manager, International Casualty.
We’re looking for someone who has these abilities and skills:
* Proven Underwriting experience with a track record of role progression.
* Demonstrate technical knowledge and experience of International Casualty insurance.
* Proven analytical, negotiation and sales skills.
* Excellent written and oral communication skills.
* Interpersonal Savvy - Demonstrated ability to build and maintain insured and broker contacts.
* Ability to develop and understand business processes, strategy and planning.
* Collaborative team player who provides creative solutions and ideas for resolution.
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.
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.
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. 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.
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.
For more information, please see axaxl.com/sustainability.
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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