Underwriting Manager - UK International Property

Underwriting Manager - UK International Property

Full-Time 60750 - 74250 £ / year (est.) Home office (partial)
AXA Group

At a Glance

  • Tasks: Lead a team in underwriting complex property risks and develop strategic relationships.
  • Company: Join AXA XL, a leader in innovative risk solutions with a commitment to inclusivity.
  • Benefits: Enjoy competitive pay, flexible working arrangements, and a focus on your wellbeing.
  • Other info: Be part of a culture that values diversity and sustainability.
  • Why this job: Make a real impact in a dynamic environment while growing your career in insurance.
  • Qualifications: Proven experience in property underwriting and strong leadership skills required.

The predicted salary is between 60750 - 74250 £ per year.

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

The International Property, UK Retail Underwriting Team within AXA XL insures the Property Damage and Business Interruption risks for a diverse portfolio of large and corporate clients globally, spanning a broad range of trades from various production methods, retail, pharmaceutical all the way through to food manufacturers. The team offers innovative risk transfer and risk management solutions that meet the needs of today's local businesses and global large corporate buyers, by working closely with dedicated loss prevention experts, alternative risk transfer units and account management teams.

What you'll be doing

The Underwriting Manager must possess broad technical expertise across Property underwriting and personally handle the more complex risks within the team. Further, you will act as a senior contact for insureds and brokers as well as be part of the leadership team to ensure strategic growth and development of the business in line with company objectives, while retaining Clients. You will be required to maintain visibility in the community thereby reinforcing AXA XL's brand. Travel to accomplish this objective is required. The role holder will support AXA XL's cross-sell objectives by understanding capabilities across other lines of business and maintaining open communication with colleagues in other departments.

What will your essential responsibilities include?

  • Underwrite high profile and complex UK/Global, new or existing accounts, complying with underwriting guidelines, authorities, processes and strategy.
  • Support and manage the underwriting operations within the property portfolio. This includes but is not limited to; portfolio profitability management, new business production and renewal retention in line with the Company's business plan, strategy and guidelines.
  • Lead, promote and develop appropriate relationships with brokers, clients, reinsurers, market players to build up a strong valued network and bring in targeted business, as well as supported AXA XL's profile in the market.
  • Support the Head of Property in the portfolio Management (including volatility management, technical rate strength, account pricing) of the book of accounts and how it interacts with the wider retail portfolio.
  • Represent AXA XL during external events/meetings and efficiently promoting AXA XL's values, capabilities and services.
  • Work with other key departments and stakeholders to improve our internal cross-sale processes and opportunities.
  • Maintain and develop strategic relationships and pipeline, acting as the escalation point for Global and Strategic broking partners.
  • Assist and deputies for management, undertaking such duties as and when required.
  • Support the Head of Property in developing short- and long-term business strategies.
  • Develop solutions to enable profitable growth, reduction in errors and establish AXA XL as market leader within the Large Corporate Risk managed client space.
  • Lead, develop and manage a team of underwriters, acting as a referral point.
  • Oversight on submissions including applications, policy wording, inspection reports, loss runs, and financial reports.
  • Impart your thorough working knowledge of underwriting principles, procedures and controls to support the development of team members.
  • Control timely implementation of new and renewed accounts according to quality standards.
  • Ensure client satisfaction as it relates to fulfilment of their insurance requirements.
  • In coordination with other internal teams, determine appropriate reinsurance for risk placements.

You will report to the Head of International Property.

What you'll bring

  • Significant technical underwriting experience, policy development and broker management in Property.
  • Effective hands on team leadership in accordance with AXA XL corporate values, demonstrating increasing responsibilities and knowledge of team motivation principles and practices.
  • Knowledge of functionality of systems including excellent technical skills with Microsoft Office and other relevant systems.
  • Excellent problem solving, analytical and decision making skills combined with a strong work ethic.
  • Ability to respond to a changing environment with flexibility and innovation.
  • Excellent interpersonal skills and communication including active listening skills, networking, marketing and collaboration skills, evidencing public speaking and presentation experience.
  • Ability to develop and maintain relationships with customers, producers and brokers.
  • Effective time management skills with the ability to prioritise and multi-task.

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. 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.

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 personalized, inclusive benefits that evolve as you do.

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.

Underwriting Manager - UK International Property 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 Underwriting Manager - UK International Property

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We think you need these skills to ace Underwriting Manager - UK International Property

Technical Underwriting Experience
Policy Development
Broker Management
Team Leadership
Microsoft Office Proficiency
Problem Solving Skills
Analytical Skills

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.