At a Glance
- Tasks: Underwrite and manage a diverse portfolio while promoting sustainable practices.
- Company: Join AXA XL, a leader in innovative risk solutions and sustainability.
- Benefits: Enjoy competitive pay, flexible working, and inclusive benefits tailored to your needs.
- Why this job: Make a real impact in the insurance industry while contributing to a greener future.
- Qualifications: Experience in underwriting and strong analytical skills are essential.
- Other info: Be part of a dynamic team with excellent growth opportunities and a commitment to diversity.
The predicted salary is between 48000 - 72000 £ per year.
The UK & Ireland Wholesale Casualty is a team of 6 experienced London Market Underwriters with a reputation as a market of choice in the UK&I wholesale space. The portfolio consists of Employer’s Liability, Public / Products / Pollution Liability and Contractors’ All Risks / mobile plant and equipment. Appetite is broad and includes contractors, construction, general engineering and manufacturing, life science and products liability driven business written across both Lloyds & Company platforms. Our expertise encompasses Delegated Authority, Facility & Open Market business. It will be important to be visible and approachable to brokers and coverholders alike. Effective verbal and written communication skills, along with collaborative behaviour will be essential to the role. This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime.
What you’ll be doing
This is an exciting role for someone who wants to be part of a greener, more sustainable future; who can marry technical knowledge with adaptive underwriting whilst still delivering profit.
- 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 and events while regularly conducting and taking leadership roles in client and broker meetings to educate on risk.
- 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.
- Underwriting within Group rules & guidelines.
- Effective engagement with brokers, ensuring relationship growth and a good flow of new business.
- Accountability for underwriting results of the cost centre; contributing to overall strategy and financial planning.
- Collaborating with colleagues from wider AXA XL, cross selling where appropriate.
You will report to the Head of London Wholesale Casualty, UK & Ireland.
Qualifications
- A technical underwriting background in Wholesale Casualty.
- Analytical Skills - Visualize, gather information, articulate, analyze and solve complex problems.
- Industry Knowledge - Understanding of the insurance industry and specific product portfolios to positively impact the underwriting business.
- Ability to respond to a changing environment with flexibility and innovation.
- Ability to work well solo, as well as part of a team.
- Excellent interpersonal skills and collegiate behaviour.
- Inquisitive, innovative mindset, with the imagination to develop new products or find solutions for emerging risks.
- Commercially astute.
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. 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.
Senior Underwriter - London Wholesale Casualty, UK & Ireland employer: AXA XL
Contact Detail:
AXA XL Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter - London Wholesale Casualty, UK & Ireland
✨Tip Number 1
Network like a pro! Attend industry events and conferences where you can meet brokers and other underwriters. This is your chance to showcase your expertise and make connections that could lead to job opportunities.
✨Tip Number 2
Be visible and approachable. When you're out there, make sure to engage with people. A friendly chat can go a long way in building relationships that might just land you that dream job.
✨Tip Number 3
Show off your analytical skills! Be prepared to discuss how you've tackled complex underwriting problems in the past. This will demonstrate your value and adaptability to potential employers.
✨Tip Number 4
Don't forget to apply through our website! We want to see your application and get to know you better. Plus, it’s the best way to ensure your application gets the attention it deserves.
We think you need these skills to ace Senior Underwriter - London Wholesale Casualty, UK & Ireland
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Underwriter role. Highlight your relevant experience in underwriting, especially in Wholesale Casualty, and showcase any specific achievements that align with the job description.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Use it to express your passion for the insurance industry and how your skills can contribute to our goals at AXA XL.
Showcase Your Communication Skills: Since effective communication is key, ensure your written application reflects clarity and professionalism. Use concise language and structure your thoughts logically to demonstrate your analytical skills.
Apply Through Our Website: We encourage you to apply directly through our website. This way, you’ll ensure your application reaches us promptly and you can easily track its progress. Plus, it’s the best way to stay updated on your application status!
How to prepare for a job interview at AXA XL
✨Know Your Underwriting Stuff
Make sure you brush up on your technical underwriting knowledge, especially in Wholesale Casualty. Be ready to discuss specific products like Employer’s Liability and Contractors’ All Risks, as well as your experience with different types of risks. This will show that you’re not just familiar with the basics but can also dive deep into the details.
✨Show Off Your Communication Skills
Since effective verbal and written communication is key for this role, practice articulating your thoughts clearly. You might want to prepare a few examples of how you've successfully engaged with brokers or clients in the past. This will demonstrate your ability to build relationships and convey complex information simply.
✨Be Ready to Discuss Sustainability
Given the emphasis on sustainability in the job description, think about how your underwriting approach can align with greener practices. Prepare to share any innovative ideas or experiences you have related to sustainable underwriting or risk management. This will highlight your forward-thinking mindset.
✨Prepare for Scenario Questions
Expect to face scenario-based questions that test your analytical skills and problem-solving abilities. Think through potential underwriting challenges you might encounter and how you would address them. This will showcase your ability to adapt and innovate in a changing environment.