Mid Market Commercial Underwriter - Fleet in Suffolk

Mid Market Commercial Underwriter - Fleet in Suffolk

Suffolk Full-Time 37800 - 46200 £ / year (est.) Home office (partial)
AXA Group

At a Glance

  • Tasks: Underwrite large commercial risks and build strong broker relationships.
  • Company: 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 for growth and learning.
  • Why this job: Make a real impact in the insurance industry while developing your skills.
  • Qualifications: Strong underwriting expertise and excellent relationship-building skills.

The predicted salary is between 37800 - 46200 £ 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 & experience: Strong technical commercial fleet underwriting expertise in a composite insurance environment.

Demonstrates strong trading capability, including commercial awareness, negotiation skills, and the ability to build and maintain robust broker relationships.

Pragmatic and confident decision-maker with good numerical reasoning and analytical skills, experienced in account monitoring and action planning.

Sound knowledge of legislative and regulatory requirements for insurance, including treating customers fairly, and a good understanding of the commercial fleet insurance market.

Good organisation and planning skills, enabling effective workload management and strategic decision-making.

Proven experience in risk evaluation, with the ability to develop and implement effective risk management strategies.

Capable of building credibility and trust with brokers and clients through professional communication and technical expertise.

Cert CII / DIP 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.

How to apply: To apply, click on the ‘apply now’ button, you’ll then need to log in or create a profile to submit your CV.

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 robert. hopemurray@axa-uk. co. uk.

We encourage you to apply for this opportunity as soon as possible, as we may close this advert earlier than the listed closing date.#LI-Hybrid

Mid Market Commercial Underwriter - Fleet in Suffolk 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

StudySmarter Expert Advice🤫

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

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like AXA Group). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like AXA Group. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

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

Commercial Fleet Underwriting Expertise
Broker Relationship Management
Negotiation Skills
Numerical Reasoning
Analytical Skills
Risk Evaluation
Decision-Making

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at AXA Group.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at AXA Group. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at AXA Group

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at AXA Group to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at AXA Group, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding AXA Group's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.