At a Glance
- Tasks: Lead underwriting for large commercial property, managing renewals and new business.
- Company: Join AXA XL, a forward-thinking company shaping the future of insurance.
- Benefits: Competitive salary, professional development, and opportunities to network with industry leaders.
- Other info: Collaborative team environment with excellent career growth potential.
- Why this job: Make a real impact in a dynamic role with Fortune 500 clients and innovative projects.
- Qualifications: Experience in underwriting and strong relationship-building skills required.
The predicted salary is between 80000 - 100000 £ per year.
VP, Senior Underwriter, Property We invent the new to help the world move forward.
Leveraging strategic analytics and deep insights, we develop big ideas and innovative solutions that maximize our clients’ potential, thereby fulfilling our own.
Come be a part of our inspiring team and help create the future.
Learn more at axaxl. com What you’ll be doing As a VP, Senior Underwriter, Direct and Facultative Property 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.
Essential responsibilities Underwrite 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.
Represent AXA XL in client meetings with senior Fortune 500 and broker senior executives.
Calculate appropriate risk premium, exercise discretion and self-supported judgment in the analysis and evaluation of risk.
Participate in roundtable discussions on risk assessment.
Negotiate with producers within the limits of delegated authority and in accordance with established underwriting standards to achieve profit objectives.
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 and conducting 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 AXA XL 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.
Work collaboratively in a team environment, assisting underwriters, underwriting assistants and management team.
You will report to the Head of Property
VP, Senior Underwriter, Large Commercial Property, Bermuda 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.
