Underwriter II – Directors’ & Officers’ (D&O) Insurance in London

The Directors’ & Officers’ (D&O) team is a significant capacity player and Thought Leader in the market. With a compelling brand backed by a significant balance sheet, the Team has a Leading Underwriter position in the market writing a global book of Fortune 500 companies. All the underwriters have extensive market relationships with all the leading brokers, writing an Open Market and Delegated Authority book. This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime.

As a Senior Underwriter of Directors’ & Officers’ insurance you will be seen as a market leading Underwriter in your field to internal peers, Brokers, and direct clients. You will be responsible for driving profitable growth of the book by providing best in class underwriting service to Clients and Brokers, and leading by example for junior team members to learn from. You will work with an allocated range of clients within the portfolio to service their new business, renewal and policy endorsement needs, whilst maintaining a view across the wider book to ensure we are achieving the desired strategic goals for the book. You will also work with Claims and Actuarial counterparts to design innovative pricing and risk management solutions for clients, and work with Reinsurance counterparts to ensure the appropriate coverage is in place.

Essential Responsibilities:

• 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.
• 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.
• Proactively advising, assisting, servicing and following up with clients on insurance and risk management matters to ensure satisfaction and fulfilment of their insurance requirements.
• Effective relationship management to initiate opportunities for cross‑selling offered products and ensuring account retention.
• Reviewing loss control reports and managing policy endorsement requests to process any necessary changes to the policy.
• Support the business planning and forecasting process; monitor financial exposure within outlined limits; monitor premium income to ensure it remains within set limits.
• Maintain awareness of all claims advised while supporting and providing input on settlement of claims.

You will report to the Senior Underwriter, D&O.

What you’ll bring:

• Significant proven D&O Underwriting experience with demonstrable track record of writing a profitable portfolio within the line of business.
• Demonstrate significant technical knowledge and experience of the industry and line of business.
• Proven analytical, negotiation and sales skills.
• Excellent customer service experience, including effective written and oral communication skills.

Inclusion: 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.

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.

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.