Pricing Underwriter - 12 month FTC in Royal Tunbridge Wells
Pricing Underwriter - 12 month FTC

Pricing Underwriter - 12 month FTC in Royal Tunbridge Wells

Royal Tunbridge Wells Full-Time 36000 - 60000 £ / year (est.) No home office possible
AXA Health

At a Glance

  • Tasks: Price large corporate accounts and support sales with trend analysis.
  • Company: Join AXA, a global leader in insurance and financial services.
  • Benefits: Flexible working arrangements, comprehensive training, and career development opportunities.
  • Why this job: Make a real impact while developing your skills in a dynamic environment.
  • Qualifications: Strong analytical skills and understanding of risk assessment required.
  • Other info: Exciting projects beyond corporate sector await you!

The predicted salary is between 36000 - 60000 £ 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 Health supports members to put their health first, from individuals to huge corporates, with fast access to diagnosis and treatment when they need it.

Job Overview

We’re excited to announce a new opportunity for a Pricing Underwriter to join our dynamic commercial department on a 12 month fixed term contract. In this pivotal role, you’ll leverage your expertise in risk assessment to price large corporate clients’ renewals and new business proposals, directly supporting our sales colleagues in renewing existing business and engaging with potential new clients. As a Pricing Underwriter, you’ll take charge of pricing and managing a diverse portfolio of large corporate renewals. You'll negotiate terms and monitor portfolio performance while gaining insights into how your contributions impact overall Large Corporate results. One of the most exciting aspects of this position is the chance to get involved in various projects that may extend beyond the large corporate arena, allowing you to broaden your expertise and make a significant impact. Join us and be a part of our journey towards excellence!

Key Responsibilities

  • Price new business and renewals for large corporate group accounts.
  • Provide technical pricing support and assist sales account managers and other stakeholders with trend analysis and justification of terms to enhance the negotiation process.
  • Engage in diverse projects that may extend beyond the large corporate sector, expanding your expertise and impact.
  • Support training initiatives through collaboration with the Underwriting Development Manager to train new team members and assist in the pricing training of sales colleagues.
  • Manage and monitor the performance of your portfolio to gain insights into its contribution to overall Large Corporate results.

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 two days a week (40%) away from home, moving to three days a week (60%) in the future. Away from home means attending the office in Tunbridge Wells, visiting clients or attending industry events. We’re also happy to consider flexible working arrangements, which you can discuss with Talent Acquisition.

Induction & Training

You’ll receive comprehensive training in this role which will require you to be in the office 5 days per week for up to 3 months initially.

Your skills & experience

  • Demonstrable understanding of risk elements and performance metrics for corporate client renewals and new business.
  • Strong logical thinking and analytical abilities, with a keen eye for detail to ensure accuracy.
  • Exceptional self-organisation capabilities to manage tasks effectively.
  • Excel and mathematical skills to analyse data accurately.
  • Ability to manage your own portfolio and workload efficiently.
  • Understanding of the PMI market and broader business landscape is desirable.
  • Effective communication skills to foster constructive relationships with sales colleagues and stakeholders.
  • Desire to thrive in high-pressure situations, utilising your negotiation and influencing skills to navigate requests from clients and brokers.

Internal candidates are encouraged to apply for this role as a secondment opportunity through the internal careers site. 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 mel.ainscough@axa-insurance.co.uk.

Application Closure

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

Pricing Underwriter - 12 month FTC in Royal Tunbridge Wells employer: AXA Health

AXA is an exceptional employer that prioritises employee well-being and professional growth, offering a flexible work environment in Tunbridge Wells. With comprehensive training and opportunities to engage in diverse projects, employees can expand their expertise while contributing to meaningful outcomes for large corporate clients. Join a supportive team that values collaboration and innovation, making a significant impact in the insurance industry.
AXA Health

Contact Detail:

AXA Health Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Pricing Underwriter - 12 month FTC in Royal Tunbridge Wells

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance industry, especially those who work at AXA or similar companies. A friendly chat can lead to insider info about the role and even a referral!

✨Tip Number 2

Prepare for the interview by brushing up on your risk assessment skills. Be ready to discuss how you would approach pricing for large corporate clients and share examples from your past experiences that showcase your analytical abilities.

✨Tip Number 3

Show off your negotiation skills! Think of scenarios where you've successfully negotiated terms or managed client expectations. This will demonstrate your ability to thrive under pressure, which is key for the Pricing Underwriter role.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining AXA and being part of their journey towards excellence.

We think you need these skills to ace Pricing Underwriter - 12 month FTC in Royal Tunbridge Wells

Risk Assessment
Pricing Strategy
Trend Analysis
Negotiation Skills
Portfolio Management
Analytical Abilities
Attention to Detail
Self-Organisation
Excel Skills
Mathematical Skills
Communication Skills
Understanding of PMI Market
Influencing Skills
Ability to Work Under Pressure

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your understanding of risk assessment and any relevant analytical abilities to show us you’re the right fit for the Pricing Underwriter role.

Craft a Compelling Cover Letter: Use your cover letter to tell us why you’re excited about this opportunity at AXA. Share specific examples of how your past experiences align with the responsibilities of pricing and managing corporate renewals, and don’t forget to mention your negotiation skills!

Showcase Your Analytical Skills: Since this role requires strong analytical abilities, make sure to include any relevant projects or experiences where you’ve successfully analysed data or managed portfolios. We want to see how you can contribute to our team’s success!

Apply Through Our Website: Don’t forget to apply through our website! It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to create a profile that we can refer back to during the hiring process.

How to prepare for a job interview at AXA Health

✨Know Your Numbers

As a Pricing Underwriter, you'll need to demonstrate your understanding of risk elements and performance metrics. Brush up on key financial figures and trends in the insurance market, especially those relevant to corporate clients. Being able to discuss these confidently will show that you’re not just familiar with the role but also passionate about it.

✨Showcase Your Analytical Skills

Prepare to discuss specific examples where you've used your analytical abilities to solve problems or make decisions. Think of instances where your attention to detail made a difference in pricing or negotiations. This will highlight your logical thinking and how you can apply it to manage a diverse portfolio effectively.

✨Practice Your Negotiation Techniques

Since negotiation is a key part of this role, practice articulating your thoughts clearly and persuasively. Consider role-playing scenarios where you negotiate terms with clients or stakeholders. This will help you feel more comfortable and confident during the actual interview.

✨Engage with the Company Culture

Research AXA’s values and culture, especially their approach to flexible working and team collaboration. Be ready to discuss how you can contribute to their dynamic environment and support training initiatives. Showing that you align with their ethos will set you apart from other candidates.

Pricing Underwriter - 12 month FTC in Royal Tunbridge Wells
AXA Health
Location: Royal Tunbridge Wells

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