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.
#J-18808-Ljbffr
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.