Underwriter I - Political Violence, War and Terrorism & Security Risks

The WTPV and Security Risks business groups operate within the top quartile of Crisis Management insurers within Lloyd’s, and in 2025 the combined Gross Written Premium generated by the team was circa USD 89m. The WTPV and Security Risks business groups offer customers a full complement of political violence and security risks insurance products, servicing a range of business sectors including Fortune 500 clients, Real Estate, Power, Energy, Manufacturing, Construction and Telecoms. Our primary objective is to be the most admired and respected lead market in the Crisis Management business area. We want to be recognised for our superior client service and innovation to our clients’ most complex risks.

As an Underwriter I, you will be responsible for delivering a profitable ‘Underwriting’ service to your clients. Your key tasks include:

• Underwriting business within the agreed business plan and individual authority.
• Supporting the business planning and forecasting process.
• Monitoring financial exposure within outlined limits.
• Monitoring premium income to ensure it remains within set limits.
• Maintaining awareness of all claims advised while supporting and providing input on settlement of claims.
• Ensuring adequate reinsurance acquired to cover specific risks.
• Building and maintaining relationships with brokers and clients.
• Supporting the design and structure of risks.

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?

• 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 WTPV and Security Risks 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 fulfilment of their insurance requirements.
• Effective relationship management to initiate opportunities for cross-selling offered products and ensuring account retention.
• Controlling timely implementation of new and renewed accounts according to quality standards.
• In coordination with other internal teams, determining appropriate reinsurance for risk placements both on excess of loss and quota share basis.
• Reviewing loss control reports and managing policy endorsement requests to process any necessary changes to the policy.
• Supporting the business planning and forecasting process; monitoring financial exposure within outlined limits; monitoring premium income to ensure it remains within set limits.
• Maintaining awareness of all claims advised while supporting and providing input on settlement of claims.

You will report to the Senior Underwriter.

What you’ll bring

• Bachelor’s Degree (or equivalent).
• A foundation of experience in at least one of the Security Risks and/or the WTPV market, possessing functional knowledge and skills reflective of a fully competent practitioner.
• Deep Industry Knowledge and Commercial/Business Acumen.
• Analytical, negotiation and sales/marketing skills.
• Excellent written and oral communication skills.
• Excellent customer service focus is a must.
• Interpersonal Savvy - Demonstrated ability to build and maintain solid insured and broker contacts.
• Ability to develop and understand business processes, strategy and planning.
• Collaborative team player who provides creative solutions and ideas for resolution.

What we offer

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.

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.

Learn more at axaxl.com/about-us/inclusion-and-diversity.

AXA XL is an Equal Opportunity Employer.

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 personalised, inclusive benefits that evolve as you do. We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

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

Our Pillars:

• Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. 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: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilising to advance thought leadership and investment in societal-led solutions.
• Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.

AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving. For more information, please see axaxl.com/sustainability.

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. How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty. With an innovative and flexible approach to risk solutions, we partner with those who move the world forward. Learn more at axaxl.com.