At a Glance
- Tasks: Underwrite and manage a North American Property portfolio while ensuring profitability.
- Company: AXA XL, a leader in the insurance industry with a commitment to diversity and sustainability.
- Benefits: Flexible working arrangements, enhanced family leave, and a focus on diversity.
- Other info: Opportunity for career growth and collaboration across a global network.
- Why this job: Join a dynamic team making an impact in the insurance sector with innovative solutions.
- Qualifications: Experience in technical underwriting and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ per year.
AXA XL is looking for an experienced Underwriter to take a prominent role for writing a North American Property portfolio within the confines of delegated underwriting authorities as part of the London Wholesale property group. This dynamic area requires an agile mindset, balancing a portfolio approach with underwriting fundamentals while maintaining a focus on profitability. The right candidate will draw on a solid background in technical underwriting in Property and Delegated lines of business, be visible and approachable to brokers and coverholders, and possess effective verbal and written communication skills.
What You’ll Be Doing
This is an exciting role for someone who wants to be part of a greener, more sustainable future, merging technical knowledge with adaptive underwriting while still delivering profit.
Core Responsibilities- Underwrite, manage, and service a renewal book and produce new business in accordance with business unit goals.
- Negotiate with producers within the limits of delegated authority and in accordance with established underwriting standards to achieve profit objectives.
- Promote the company’s expertise by participating in industry conferences, events, and by leading client and broker meetings to educate on risk.
- Support the business planning and forecasting process; monitor financial exposure and premium income to ensure they remain within set limits.
- Maintain awareness of all claims advised and provide input on settlement of claims.
- Underwrite within Group rules & guidelines.
- Engage effectively with brokers, ensuring relationship growth and a good flow of new business.
- Accountability for underwriting results of the cost center; contributing to overall strategy and financial planning.
- Collaborate with colleagues across the AXA XL group, cross‑selling where appropriate.
You will be reporting into the Underwriting Manager for LWSP DUA NA.
Qualifications- Bachelor’s degree preferred.
- Technical underwriting background in both North American Property and Delegated authorities.
- Analytical skills – ability to visualize, gather information, articulate, analyze, and solve complex problems.
- Industry knowledge – understanding of the insurance industry and specific product portfolios.
- Ability to respond to a changing environment with flexibility and innovation.
- Ability to work independently.
- Excellent interpersonal skills and collegial behaviour.
- Inquisitive, innovative mindset with the imagination to develop new products or solutions for emerging risks.
- Commercially astute.
- 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.
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.
Senior Underwriter, London Wholesale Property (North America) employer: AXA XL
AXA XL is an exceptional employer, offering a vibrant work culture in the heart of London that champions flexibility and inclusivity. With robust support for flexible working arrangements and enhanced family-friendly leave benefits, employees are empowered to thrive both personally and professionally. The company prioritises employee growth through opportunities for collaboration and innovation, making it an ideal place for those looking to make a meaningful impact in the insurance industry while contributing to a sustainable future.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter, London Wholesale Property (North America)
✨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 XL). 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 XL. 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 Senior Underwriter, London Wholesale Property (North America)
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 XL.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at AXA XL. 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 XL
✨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 XL 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 XL, 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 XL'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.
