At a Glance
- Tasks: Underwrite mid-market P&C business and build strong broker relationships.
- Company: Join AXA, a global leader in insurance and financial services.
- Benefits: Flexible working arrangements, competitive salary, and career development opportunities.
- Other info: Equal Opportunities Employer with support for applicants needing adjustments.
- Why this job: Make a real impact in a dynamic environment while supporting businesses worldwide.
- Qualifications: Experience in P&C underwriting and strong negotiation skills required.
The predicted salary is between 40000 - 50000 £ per year.
About AXA
AXA is a global leader in insurance and financial services, dedicated to helping customers protect what matters most to them. As the sixth‑largest insurance company in the world, we provide a wide range of services, including health, car, home, and business insurance. We support millions of customers worldwide, helping them navigate life's uncertainties with confidence. AXA Commercial protects businesses, from multinationals to micro start‑ups, giving them the confidence to thrive.
Job overview
Join our team in Ipswich as a P&C Existing Business Underwriter and play a vital role in driving trading results. You’ll be responsible for effectively underwriting large commercial risks within your authority, focusing on mid‑market cases, while building and nurturing strong broker relationships that align with our branch objectives. If you’re passionate about delivering exceptional underwriting expertise and fostering key partnerships, this is the opportunity for you to make a real impact.
Key responsibilities
- Underwrite Mid‑Market P&C business profitably, accurately, and consistently, adhering to established underwriting practices and utilising available tools and appetite.
- Develop and maintain strong trading relationships with brokers through visits and large case liaison to maximise financial results and generate new business opportunities.
- Establish yourself as a trading expert with a panel of intermediaries, building confidence in the branch’s capabilities through engagement with our Underwriting Technical Centre.
- Participate in meetings with brokers and end customers to showcase AXA’s strengths and secure new business opportunities.
- Support loss ratio control by effectively implementing branch underwriting controls and monitoring account performance.
- Identify poorly performing accounts, investigate retention issues, and collaborate with senior underwriters to increase retention rates.
- Assist colleagues in building strong trading relationships with intermediaries to ensure a consistent and high‑quality service delivery.
Work arrangements
At AXA we work smart, empowering our people to balance their time between home and the office in a way that works best for them, their team and our customers. You’ll work at least three days a week (60%) away from home. Away from home means attending the office, visiting clients or attending industry events. We’re also happy to consider flexible working arrangements, which you can discuss with Talent Acquisition.
Your skills & experience
- Robust trading capability with commercial awareness, negotiation skills, and the ability to build excellent broker relationships.
- Experience of dealing with P&C underwriting.
- Confident decision‑maker with pragmatic approach and good numerical reasoning skills.
- Analytical skills with proven experience in account monitoring and action planning.
- Technical underwriting expertise in a composite insurance environment.
- Sound knowledge of legislative and regulatory requirements.
- Excellent communication skills, risk assessment, and risk management abilities.
- CII / Dip CII qualifications are desirable.
As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom. This position has been defined as an Insurance Distribution Directive (IDD) role under the IDD regime which means that in addition to pre‑employment screening checks, the successful candidate will be subject to background screening every 4 years with an annual declaration in interim years.
We’re proud to be an Equal Opportunities Employer and don’t discriminate against employees or potential employees based on protected characteristics. If you have a long‑term condition or disability and require adjustments during the application or interview process, we’re proud to offer access to the AXA Accessibility Concierge. For our support, please send an email to mel.ainscough@axa‑insurance.co.uk.
Mid Market Existing Business Underwriter - P&C employer: AXA Group
At AXA, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our Ipswich team enjoys flexible working arrangements, empowering employees to balance their professional and personal lives while developing their careers in the insurance sector. With a commitment to employee growth and a supportive environment, AXA provides the perfect platform for those looking to make a meaningful impact in the world of underwriting.
StudySmarter Expert Advice🤫
We think this is how you could land Mid Market Existing Business Underwriter - P&C
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, especially brokers. Attend events, join online forums, and don’t be shy to reach out on LinkedIn. Building those relationships can really set you apart when it comes to landing that underwriting role.
✨Tip Number 2
Show off your expertise! When you get the chance to meet with brokers or potential employers, make sure to highlight your technical knowledge in P&C underwriting. Share examples of how you've successfully managed risks and built strong trading relationships in the past.
✨Tip Number 3
Practice makes perfect! Prepare for interviews by role-playing common scenarios you might face as an underwriter. Think about how you'd handle difficult cases or broker negotiations. This will help you feel more confident and ready to impress.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you at StudySmarter. Plus, applying directly shows your enthusiasm and commitment to joining our team. Let’s get you that job!
We think you need these skills to ace Mid Market Existing Business Underwriter - P&C
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your P&C underwriting experience and any relevant qualifications, like CII or Dip CII, to show us you’re the right fit for the role.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about underwriting and how you can contribute to our team. Mention specific examples of how you've built strong broker relationships or successfully managed large commercial risks in the past.
Showcase Your Analytical Skills:Since this role involves account monitoring and action planning, make sure to highlight your analytical skills in your application. Share examples of how you've used these skills to improve retention rates or manage risk effectively.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates during the process!
How to prepare for a job interview at AXA Group
✨Know Your Underwriting Inside Out
Make sure you brush up on your P&C underwriting knowledge before the interview. Understand the key principles, tools, and appetite that AXA uses. Being able to discuss specific underwriting practices and how they apply to mid-market cases will show that you're serious about the role.
✨Build Broker Relationship Scenarios
Prepare examples of how you've successfully built and maintained broker relationships in the past. Think about specific situations where your negotiation skills made a difference. This will demonstrate your ability to align with AXA's objectives and show that you can drive trading results.
✨Showcase Your Analytical Skills
Be ready to discuss your experience with account monitoring and action planning. Bring examples of how you've identified poorly performing accounts and what steps you took to improve retention rates. This will highlight your analytical skills and your proactive approach to underwriting.
✨Engage with AXA’s Strengths
Familiarise yourself with AXA’s strengths and how they position themselves in the market. Be prepared to discuss how you can contribute to showcasing these strengths during meetings with brokers and clients. This shows that you’re not just looking for a job, but that you want to be part of the team making an impact.
