At a Glance
- Tasks: Drive profitable underwriting for renewable energy projects and engage with clients and brokers.
- Company: AXA XL, a market leader in insurance with a focus on sustainability.
- Benefits: Competitive pay, flexible working, family-friendly leave, and inclusive benefits.
- Other info: Be part of a company committed to sustainability and community engagement.
- Why this job: Join a dynamic team shaping the future of renewable energy and make a real impact.
- Qualifications: Experience in underwriting construction projects and strong broker relationships required.
The predicted salary is between 60000 - 80000 £ per year.
AXA XL’s UK & Lloyd’s are seeking a Senior Underwriter with deep market knowledge and influential broker relationships to help drive the continued build‑out of the Renewable Energy portfolio for both construction and operational property.
You will play a key role in delivering profitable underwriting results, shaping risk strategy, and representing AXA XL as a market‑leading partner to clients and brokers.
The role will report into the Construction team, with dotted line reporting into the Energy team.
This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime.
What you’ll be doing
As Senior Underwriter, you will be responsible for delivering a profitable, high‑quality underwriting service across a broad range of construction and operational property risks.
- Underwriting & Portfolio Management
- Reviewing submissions, including policy wording, inspection reports and loss runs, and conducting detailed analysis to assess risk quality.
- Pricing risks appropriately by considering technical risk costs, reinsurance structures, and underwriting/administration expenses to ensure sustainable profitability.
- Underwriting business within agreed authority levels and contributing to the wider business planning and forecasting process.
- Monitoring aggregate exposures, premium income, and portfolio performance to ensure alignment with plan and risk appetite.
- Client & Broker Engagement
- Building and maintaining effective relationships with brokers and clients to support new business development and account retention.
- Providing proactive advice on insurance and risk management matters, ensuring clients receive a tailored and responsive service.
- Identifying opportunities for cross‑selling and supporting broader AXA XL initiatives.
- Policy & Claims Oversight
- Reviewing loss control reports and managing endorsement requests to ensure accurate and timely policy issuance.
- Maintaining awareness of all notified claims and providing input into claims strategy and settlement discussions.
You will report directly to the Head of Construction, UK & Lloyd’s.
- What you’ll bring
- Required Skills And Abilities
- Proven experience underwriting construction projects and annuals profitably.
- Excellent understanding of the renewable energy market and the factors influencing performance.
- Established broker and client network, ideally including renewable energy sector relationships.
- Excellent communication and customer service skills.
- Proven analytical, negotiation and commercial skills.
- Proficiency with pricing tools and solid working knowledge of Microsoft Excel.
- Familiarity with broker manuscript and industry‑standard wording.
- Understanding of linesize management and portfolio steering.
- Desired Skills And Abilities
- Background in engineering or construction, or a relevant technical degree.
- Binder and lineslip experience (preferred but not essential).
- Progress toward Cert CII or higher.
What we offer
- Inclusion
- 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.
- 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.
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 mobilizing 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.
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