Mid Market Commercial Underwriter - Fleet in Suffolk

Mid Market Commercial Underwriter - Fleet in Suffolk

Suffolk Full-Time 40000 - 50000 £ / year (est.) Home office (partial)
AXA Group

At a Glance

  • Tasks: Underwrite large commercial risks 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: Dynamic work environment with opportunities to attend industry events.
  • Why this job: Make a real impact in the insurance industry while developing your expertise.
  • Qualifications: Strong analytical skills and a passion for building relationships.

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 Fleet 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 existing business profitably and accurately, adhering to established practices and governance using available appetite and tools.
  • Gather information, understand policy wordings, industry trends, and assess risks to determine appropriate premiums based on technical pricing.
  • Develop credibility with brokers and customers through effective questioning, understanding their needs, and designing tailored solutions.
  • Build influential relationships externally and internally, responding promptly to broker demands and keeping them informed of relevant activities.
  • Strengthen trading relationships with brokers via visits and large case management to maximize financial results.
  • Establish yourself as a trading expert, collaborating with intermediaries and engaging with the Underwriting Technical Centre to build confidence.
  • Lead and participate in meetings with brokers and clients to showcase AXA’s capabilities and secure new business opportunities.
  • Support loss ratio management by implementing underwriting controls, investigating poorly performing accounts, and increasing retention through targeted actions.

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 60% of your week away from home, at our office location in Ipswich, visiting clients or attending industry events. We’re also happy to consider flexible working arrangements, which you can discuss with Talent Acquisition.

Your skills

Mid Market Commercial Underwriter - Fleet in Suffolk employer: AXA Group

AXA is an exceptional employer, offering a dynamic work culture that prioritises employee growth and development. As a Fleet Underwriter in Ipswich, you'll benefit from flexible working arrangements, a supportive team environment, and the opportunity to build influential relationships with brokers while making a significant impact on trading results. Join us to be part of a global leader in insurance, where your expertise will be valued and your career can thrive.

AXA Group

Contact Details:

AXA Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Mid Market Commercial Underwriter - Fleet in Suffolk

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.

Tip Number 2

Showcase your expertise! When you get the chance to chat with potential employers or brokers, make sure to highlight your knowledge of underwriting and risk assessment. Share examples of how you've successfully managed large commercial risks in the past.

Tip Number 3

Be proactive! If you see a job that fits your skills, don’t wait for the perfect moment. Apply through our website and follow up with a friendly email. It shows you're keen and ready to jump in!

Tip Number 4

Prepare for interviews by researching AXA’s values and recent projects. Tailor your answers to show how you can contribute to their goals, especially in building strong broker relationships and driving trading results.

We think you need these skills to ace Mid Market Commercial Underwriter - Fleet in Suffolk

Underwriting Expertise
Risk Assessment
Technical Pricing
Broker Relationship Management
Communication Skills
Negotiation Skills
Analytical Skills

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Mid Market Commercial Underwriter role. Highlight relevant experience and skills that align with underwriting large commercial risks and building broker relationships. We want to see how you can bring value to our team!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how your background makes you a great fit for AXA. Don’t forget to mention your understanding of industry trends and how you can contribute to our objectives.

Showcase Your Communication Skills:As a Fleet Underwriter, strong communication is key. In your application, demonstrate how you've effectively communicated with brokers or clients in the past. We love seeing examples of how you've built relationships and responded to demands!

Apply Through Our Website:We encourage you to apply through our website for a smooth application process. It’s the best way for us to receive your application and keep track of it. Plus, you’ll find all the details you need about the role and our company!

How to prepare for a job interview at AXA Group

Know Your Underwriting Basics

Make sure you brush up on your underwriting knowledge, especially around mid-market risks and fleet insurance. Understand the key factors that influence premiums and be ready to discuss how you would assess risks based on industry trends.

Build Broker Relationship Scenarios

Prepare examples of how you've successfully built relationships with brokers in the past. Think about specific situations where your effective questioning led to tailored solutions, as this will show your ability to connect and understand client needs.

Showcase Your Technical Skills

Be ready to demonstrate your technical pricing skills during the interview. You might be asked to analyse a case study or provide insights on how you would approach underwriting a specific risk, so practice articulating your thought process clearly.

Engage with AXA’s Values

Familiarise yourself with AXA's mission and values. During the interview, express how your personal values align with theirs, particularly in terms of delivering exceptional service and fostering strong partnerships. This will help you stand out as a candidate who truly fits the company culture.