At a Glance
- Tasks: Support Underwriters in pricing, modelling, and data quality assurance for US Property.
- Company: Join AXA XL, a leader in innovative risk solutions and inclusive culture.
- Benefits: Competitive pay, flexible working, and a focus on your personal growth.
- Why this job: Be part of a dynamic team making impactful decisions in the insurance industry.
- Qualifications: Analytical skills, teamwork, and a drive for excellence are essential.
- Other info: Diverse and inclusive workplace with strong sustainability initiatives.
The predicted salary is between 28800 - 43200 £ per year.
This opportunity is within the US Property Delegated underwriting unit. As an Assistant Underwriter, you will support the Underwriters in the region in all tasks related to the underwriting and administration support. You will work closely with our Underwriters supporting them in their activities associated with renewals and new business, maintenance of the 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 practice in Business Services. You will utilize excellent communication and relationship building skills as you work closely with the underwriters, clients, brokers, and various functions and departments within the company. You will support the Underwriter Assistants within the team.
What you’ll be doing
- 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.
- Conducting pre-underwriting for renewals, handling endorsements on active business, conducting specific analyses for new business, and following up on renewals.
- Preparing monthly reports.
- Entering information into the underwriting systems.
- 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.
- 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.
- Understand the strategy and financial targets of AXAXL and those applicable to the business unit.
- Attending internal and external meetings with clients and brokers with an Underwriter.
What you will BRING
We’re looking for someone who has these abilities and skills:
- Able to perform tasks according to established procedures, with some ability to exercise discretion.
- Uses judgment to identify and solve day to day problems in straightforward situations.
- Excellent analytical skills with the ability to think quickly and innovatively working at all times in a disciplined manner.
- You will be confident and comfortable to take personal responsibility for your work but will also be a collaborative team player.
- Ability to adapt quickly and easily to new conditions and requirements, externally in the market or internally within a changing Organization.
- You will have good interpersonal skills and an interest in business development.
- Able to work efficiently and have good organisational skills.
Desired Skills and Abilities:
- Experience across Underwriting Processes.
- A personal drive for excellence, a track record of exceeding expectations and a flair for innovation.
What we offer
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 enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential.
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.
Total Rewards
AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do. We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.
Sustainability
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.
- Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
- Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We’re building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
- Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.
For more information, please see axaxl.com/sustainability.
Who we are
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.
Assistant Underwriter - North American Property Delegated Underwriting employer: AXA Group
Contact Detail:
AXA Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Underwriter - North American Property Delegated Underwriting
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with professionals on LinkedIn. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by researching the company and understanding their values. Tailor your responses to show how you align with their goals and culture. We want to see your personality shine!
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or family to get comfortable with common questions. The more you practice, the more confident you'll feel when it counts.
✨Tip Number 4
Don't forget to follow up after interviews! A simple thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar!
We think you need these skills to ace Assistant Underwriter - North American Property Delegated Underwriting
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Assistant Underwriter role. Highlight relevant skills and experiences that align with the job description, like your analytical skills and ability to work in a team.
Showcase Your Communication Skills: Since you'll be liaising with underwriters, clients, and brokers, it's crucial to demonstrate your excellent communication abilities. Use clear and concise language in your application to reflect this.
Highlight Your Problem-Solving Abilities: The role requires you to identify and solve day-to-day problems. Share examples in your application where you've successfully tackled challenges, showcasing your judgement and innovative thinking.
Apply Through Our Website: We encourage you to apply directly through our website. This way, your application will be processed more efficiently, and you'll have access to all the latest updates about the role and our company.
How to prepare for a job interview at AXA Group
✨Know Your Underwriting Basics
Before the interview, brush up on your understanding of underwriting processes, especially in the context of US Property. Familiarise yourself with key terms and concepts that are relevant to the role, as this will show your enthusiasm and readiness to contribute.
✨Showcase Your Analytical Skills
Be prepared to discuss examples of how you've used analytical skills in past roles. Think of specific situations where you solved problems or made decisions based on data. This will demonstrate your ability to think quickly and innovatively, which is crucial for an Assistant Underwriter.
✨Emphasise Teamwork and Communication
Since this role involves working closely with underwriters, clients, and brokers, highlight your teamwork and communication skills. Share experiences where you successfully collaborated with others to achieve a common goal, showcasing your ability to build relationships.
✨Prepare Questions About the Company Culture
Research AXA XL's commitment to inclusion and sustainability. Prepare thoughtful questions about their culture and values, as this shows you're not just interested in the job, but also in being part of a company that aligns with your own values.