Job Description - Underwriting Assistant - Global Programmes (Multinational Solutions Team) (AXA10094D20240923)
Job Number:
AXA10094D20240923
Underwriting Assistant – Global Programmes (Multinational Solutions Team)
At AXA XL we solve today’s complex risks to drive tomorrow’s innovation. Our operations teams as part of the Middle Office division are at the centre of our insurance organisation. We look for innovative and creative individuals to join our experienced and professional colleagues. We offer flexibility with our smart working initiative, combining working from home and from our London office.
As an Underwriting Assistant you will support the UK Company Platform Global Programmes function. You will be responsible for providing efficient and high-quality underwriting administration services to the UK Company Platform Underwriting businesses supported in the UK region (Significantly Property & Casualty). You will also support the end-to-end underwriting process through regular liaison with other functions to ensure the highest quality of service.
What will your essential responsibilities include?
Submission/ Renewal Phase
1. Timely requests to offshore team for quote creation and name clearance activities
2. Timely and accurate binding (or declinature) of quotes
3. Use underwriting tools to support the underwriter in defining the structure of Global Programmes and provide advice to UW on possibilities for coverage etc.
4. At request from Underwriting, participate in client/broker meetings to illustrate account implementation capabilities and provide deal structuring advice.
Implementation Phase
1. Timely and accurate processing of premiums
2. Proactive engagement with underwriting to ensure new and renewed accounts have an efficient and smooth account handover.
3. Ensure timely and high-quality implementation by means of related system procedures.
4. Accountable for correct (RI) premium, (RI) commission and tax bookings in processing systems.
Maintenance Phase
1. Ensure timely and high-quality implementation of mid-term endorsements, issuance of certificates of insurance.
2. Foster positive relationships with internal/external counterparts.
3. Deal with and address requests originating from client/broker immediately.
General Support
1. Develop an internal network for facilitating the transfer of information and data between functions.
2. Ensure data quality accuracy ratios at the defined level/metrics.
3. Support existing backlog clean up exercises.
You will report to the Team Leader.
We’re looking for someone who has these abilities and skills:
1. Proven experience of working on Global insurance programmes, preferably within Property, Liability, Marine or other Specialty lines.
2. Significant knowledge of Underwriting processes.
3. Advanced knowledge of premium allocation principles.
4. Experience in administration/client service function with excellent negotiation & sales skills.
5. MS Office knowledge – particularly Excel.
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.
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