Senior Underwriter - Regional P&C

City of London Full-Time No home office possible

As a Senior Underwriter, you will be responsible for working within authority limits on assignments reflecting the expert degree of technical complexity and coordination under broad management direction. This position is typically an individual contributor, and your key responsibilities will involve underwriting business in line with the business plan; assisting the planning and forecasting process; monitoring aggregate exposure within agreed limits; monitoring premium income to ensure it remains within agreed limits; ensuring all risks written are within the agreed maximum; maintaining awareness of all claims advised; supporting and providing input on settlement of claims advised; building and maintaining relationships with brokers and clients; supporting the design and structure of risks; identifying and driving new product development opportunities.

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

What you’ll be doing

What will your essential responsibilities include?

Underwrite, manage, and service a renewal book and produce new business in accordance with business unit goals. Develop and manage underwriting strategies for both renewals and targets within your portfolio of accounts, including knowledge of the current penetration by product, cross-marketing penetration, and specific plans to increase company share.
Exercise discretion and self-directed judgment in the analysis and evaluation of risk.
Participate in roundtable discussions on risk assessment and provide mentorship and leadership to peers.
Build and enhance relationships with brokers and clients and identify and establish new distribution relationships.
Maintain expertise with the products, services, priorities, and target markets to more effectively enable clients to uncover hidden risks.
Promote the company\’s expertise by participating in industry conferences and events while regularly conducting and taking leadership roles in client and broker meetings to educate on risk.
Maintain compliance with all internal and external underwriting guidelines and legal requirements.
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.
Identify and drive new product development opportunities. Effectively cross-market with other XL Catlin lines; meet with brokers and insureds as required. Cultivate key broker relationships in the region to maintain a steady stream of business within our underwriting appetite.
Under broad management direction, work at the highest authority limits on assignments reflecting the expert degree of technical complexity and coordination.
Possess an expert level of technical knowledge and skills, including product and industry.
Provide guidance and assistance to lower-level underwriters and associates and other functional areas. You will report to the Head of M&A and Title, UK and Lloyd\’s.

You will report to the Underwriting Manager.

What you’ll bring

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

Possess a high and extensive level of technical underwriting knowledge and skills, including product & industry.
Robust analytical and problem-solving skills.
Effective organizational, time-management, and multi-tasking skills combined with an outstanding work ethic.
Capability to develop and understand business processes, strategy, and planning.
Ability to work self-directed and respond to a changing environment with flexibility and innovation.
Customer service and negotiation skills, with a proven track record in development of influential business relationships with brokers and insureds.

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.

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.

AXA XL is an Equal Opportunity Employer.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Valuing nature: 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: 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: Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business.
AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them.