Underwriter II - International Wholesale Causalty in London

Underwriter II - International Wholesale Causalty in London

London Full-Time 63000 - 77000 £ / year (est.) Home office (partial)
AXA Group

At a Glance

  • Tasks: Underwrite unique international liability risks and provide tailored solutions for diverse clients.
  • Company: Join AXA XL, a leader in innovative insurance solutions with a commitment to inclusivity.
  • Benefits: Enjoy competitive pay, flexible working options, and a focus on your personal development.
  • Other info: Be part of a dynamic team with excellent career growth opportunities.
  • Why this job: Make a real impact by solving complex risks for businesses worldwide.
  • Qualifications: Experience in underwriting and strong analytical skills are essential.

The predicted salary is between 63000 - 77000 £ per year.

This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime.

International Wholesale Liability

A market leader in Lloyd’s, this long-established and growing London-based team forms part of the London Wholesale Casualty business unit and underwrites general liability risks for a vast array of businesses around the world. The portfolio includes risks via the open market and via facilities and delegated authority arrangements, ranging from railways in Australia to ski resorts in Canada to chemical plants in South America and to hotels in the Caribbean. Every day is different and presents new challenges, and we strive to find tailored solutions for our insureds that protect their businesses for the long-term.

What you’ll be doing

Joining AXA XL as an experienced Underwriter you will have the opportunity to work with a wide range of clients to provide an innovative and bespoke underwriting service. Each risk we consider is unique which means our clients and brokers should enjoy a best practice, market leading experience of working with us. In your underwriting role you will be responsible for writing new and renewal business for an allocated range of clients across the book, working with brokers and clients in support of the profitable growth of the book, as well as providing innovative pricing and policy wordings, supporting any claims within your client base and monitoring exposure levels with the respective Actuarial and Claims teams.

What will your essential responsibilities include?

  • 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 fulfillment of their insurance requirements.
  • Effective relationship management to initiate opportunities for cross-selling offered products and ensuring account retention.
  • 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 Underwriting Manager.

What you’ll bring

We’re looking for someone who has these abilities and skills:

  • Proven experience of underwriting with demonstrable track record of writing a profitable portfolio within the line of business.
  • Good industry knowledge and awareness of factors affecting this market.
  • Excellent customer service skills, including strong written and verbal communication skills.
  • Demonstrable analytical, negotiation and sales skills.

What we offer

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.

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.

At AXA XL we are happy to talk flexible working. We are committed to building a diverse and inclusive workforce and consider flexible ways of working for every role. Talk to us about how we can make flexibility work for you.

Underwriter II - International Wholesale Causalty in London employer: AXA Group

AXA is an exceptional employer, offering a supportive and dynamic work environment in Tunbridge Wells for nurses looking to make a meaningful impact. With a strong focus on employee growth, we provide comprehensive training, flexible working arrangements, and the opportunity to work from home, ensuring a healthy work-life balance. Join our dedicated health support team and enjoy the benefits of being part of a global leader in insurance, where your contributions truly matter.

AXA Group

Contact Details:

AXA Group Recruitment Team

We think you need these skills to ace Underwriter II - International Wholesale Causalty in London

Underwriting
Risk Assessment
Financial Analysis
Customer Service Skills
Communication Skills
Analytical Skills
Negotiation Skills