Senior W&I Underwriter - UK & Lloyd's

Senior W&I Underwriter - UK & Lloyd's

Full-Time 60000 - 80000 £ / year (est.) No working from home possible
AXA XL

At a Glance

  • Tasks: Lead the underwriting process and manage a diverse portfolio of M&A products.
  • Company: Join AXA XL, a global leader in insurance with a collaborative culture.
  • Benefits: Enjoy competitive pay, flexible working, and family-friendly leave options.
  • Other info: Opportunity for growth and leadership in a fast-paced, supportive team.
  • Why this job: Make an impact in a dynamic environment while developing your career in insurance.
  • Qualifications: Experience in transactional liability insurance and strong negotiation skills required.

The predicted salary is between 60000 - 80000 £ per year.

AXA XL provides a full suite of M&A products (W&I, tax and contingent liability insurance) to a broad range of corporate and financial institution clients, across a variety of sectors and jurisdictions.

Our growing team of M&A underwriters based across London, Paris and New York gives us the capability to underwrite transactions globally.

In London, our M&A underwriters work as part of a combined transactional risk group with our experienced Title team – this allows us also to provide hybrid Title and fundamental warranty coverage alongside our M&A products, which we believe gives us a unique place in the market.

This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime.

Responsibilities

  • Leading and managing the underwriting process: analysis and assessment of broker submissions; preparing quotes for deals in line with underwriting appetite and guidelines; reviewing transaction documentation, due diligence reports, and disclosure documentation; instructing and liaising with external legal counsel; drafting underwriting questions and hosting underwriting calls; drafting and negotiating policy coverage and terms.
  • Monitoring and managing portfolio: monitoring account status, financial exposure, and premium collection; maintaining compliance with internal and external guidelines and legal requirements; supporting business planning and forecasting; working with the claims team to support settlement of claims.
  • Team support: supporting team members through deals and day‑to‑day business issues; participating in round‑table discussions on risk assessment; providing leadership and training to junior colleagues.
  • Executing underwriting strategy: achieving business unit performance goals; developing and managing underwriting strategies for portfolio growth; identifying, targeting, and establishing relationships with new clients, brokers, and lawyers; promoting the company’s expertise and cross-marketing with other AXA XL lines.

You will report to Head of M&A and Title, UK and Lloyd's.

Qualifications

  • Required skills and abilities
  • Experience in transactional liability insurance (broker/underwriter or client/adviser viewpoint) demonstrating technical knowledge.
  • Either a qualified lawyer with M&A or other corporate transactional experience, or corporate experience in a transaction‑oriented role.
  • Influential negotiating skills and comfort working with legal documents.
  • Excellent organisation, communication and interpersonal skills, with the ability to work collaboratively in a fast‑paced environment with tight deadlines and deal‑time pressures.
  • Desired skills and abilities
  • Robust sales and marketing plus customer service skills with a proven track record in developing effective business relationships with brokers and insureds.
  • Ability to develop and understand business processes, strategy and planning; applying business understanding and/or management experience to set direction within the segment or function.
  • Ability to lead in accordance with AXA XL Core Values and Culture.

Benefits

  • Competitive compensation and personalized benefits covering health, wellbeing, lifestyle and financial security.
  • Robust support for flexible working arrangements.
  • Enhanced family‑friendly leave benefits.

AXA XL is an Equal Opportunity Employer.

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Senior W&I Underwriter - UK & Lloyd's employer: AXA XL

As a leading global insurance provider, we pride ourselves on fostering a dynamic work culture that prioritises innovation and collaboration. Our employees benefit from comprehensive health plans, robust retirement options, and ample opportunities for professional development, all within a supportive environment that encourages strategic thinking and leadership. Join us in our commitment to excellence in the aerospace sector, where your contributions will be valued and rewarded.

AXA XL

Contact Details:

AXA XL Recruitment Team

We think you need these skills to ace Senior W&I Underwriter - UK & Lloyd's

Transactional Liability Insurance
Underwriting Process Management
Legal Document Negotiation
Communication Skills
Interpersonal Skills
Organisational Skills
Sales and Marketing Skills