At a Glance
- Tasks: Lead a dynamic team in underwriting complex insurance solutions for global clients.
- Company: Join AXA XL, a leader in innovative risk management and insurance solutions.
- Benefits: Enjoy competitive pay, flexible working, and a commitment to diversity and inclusion.
- Why this job: Make a real impact in a role that combines leadership with strategic growth.
- Qualifications: Proven experience in underwriting and strong people management skills required.
- Other info: Be part of a culture that values sustainability and community engagement.
The predicted salary is between 43200 - 72000 ÂŁ per year.
The International Casualty, UK Retail Underwriting Team within AXA XL offers insurance solutions for Employersâ and General Liability for a diverse portfolio of large and corporate clients globally, spanning a broad range of trades from manufacturing and engineering to automotive all the way through to food and beverage manufacturers. The team offers innovative risk transfer and risk management solutions that meet the needs of todayâs local businesses and global players alike, by working closely with dedicated loss prevention service units and account management teams. This is a regulated role under the Central Bank of Irelandâs Fitness and Probity regime.
What youâll be doing
The Underwriting Manager must possess broad technical expertise across Casualty underwriting. Further, you will act as a senior contact for insureds and brokers and ensure strategic growth and development of the business in line with company objectives, while retaining Clients. You will be required to maintain visibility in the community thereby reinforcing AXA XLâs brand. Travel to accomplish this objective is required. The role holder will support AXA XLâs crossâsell objectives by understanding capabilities across other lines of business and maintaining open communication with colleagues in other departments.
What will your essential responsibilities include?
- Underwrite high profile and complex UK/Global, new or existing accounts, complying with underwriting guidelines, authorities, processes and strategy.
- Support and manage the underwriting operations within the casualty portfolio. This includes but is not limited to; portfolio profitability management, new business production and renewal retention in line with the Companyâs business plan, strategy and guidelines.
- Lead, promote and develop appropriate relationships with brokers, clients, reinsurers, market players to build up a robust valued network and bring in targeted business, as well as supported AXA XL profile in the market.
- Portfolio Management (including volatility management, technical rate strength, account pricing) of the book of accounts and how it interacts with the wider retail portfolio.
- Represent AXA XL during external events/meetings and efficiently promote AXA XL values, capabilities and services.
- Work with other key departments and stakeholders to improve our internal cross sell processes and opportunities.
- Maintain and develop strategic relationships and pipeline, acting as the escalation point for Global and Strategic broking partners.
- Assist and deputise for management, undertaking such duties as and when required.
- Lead, develop and manage a team of underwriters, acting as a referral point.
- Oversight on submissions including applications, policy wording, inspection reports, loss runs, and financial reports.
- Impart your thorough working knowledge of underwriting principles, procedures and controls to support the development of team members.
- Control timely implementation of new and renewed accounts according to quality standards.
- Ensure client satisfaction as it relates to fulfilment of their insurance requirements.
- In coordination with other internal teams, determine appropriate reinsurance for risk placements.
- Support continuous improvement and efficiency initiatives within the key functions including Underwriting, Finance, Claims and Operations.
- Facilitate, participate and contribute to meetings of underwriting, other technical committees and subject matter expert groups; ensuring clear communication and productive discussions which lead to informed decisions.
- Assist in underwriting file reviews to ensure adherence to established principles, guidelines and procedures.
- Assist in the implementation of underwriting governance frameworks and ensure compliance with internal controls.
- Support business reporting and performance analysis, market research and analysis, develop in depth studies of specific topics where required.
You will report to the Head of International Casualty.
What youâll bring
Weâre looking for someone who has these abilities and skills:
- Significant technical underwriting experience and broker management in Casualty.
- Significant people management credential.
- Effective handsâon team leadership in accordance with AXA XL corporate values, demonstrating increasing responsibilities and knowledge of team motivation principles and practices.
- Experience in portfolio management.
- Data analytics background with natural attention to detail.
- Knowledge of functionality of systems including excellent technical skills with Microsoft Office and other relevant systems.
- Excellent problemâsolving, analytical and decisionâmaking skills combined with an excellent work ethic.
- Ability to respond to a changing environment with flexibility and innovation.
- Excellent interpersonal skills and communication including active listening skills, networking, marketing and collaboration skills, evidencing public speaking and presentation experience.
- Ability to develop and maintain relationships with customers, producers and brokers.
- Effective time management skills with the ability to prioritise and multiâtask.
What we offer
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. Thatâs 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. Itâs about helping one another â and our business â to move forward and succeed.
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 familyâfriendly leave benefits. Named to the Diversity Best Practices Index. Signatory to the UK Women in Finance Charter. Learn more at axaxl.com/about-us/inclusion-and-diversity.
AXA XL is an Equal Opportunity Employer.
Total Rewards
AXA XLâs 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. Weâre 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 everâchanging 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 2023â26 Sustainability strategy, called âRoots of resilienceâ, 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 â are essential to our future. Weâre committed to protecting and restoring nature â from mangrove forests to the bees in our backyard â 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 farâreaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. Weâre building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societalâled 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. Weâre 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 XLâs âHearts in Actionâ programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day â the Global Day of Giving. For more information, please see axaxl.com/sustainability.
Who we are
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For midâsized companies, multinationals and even some inspirational individuals we donât just provide re/insurance, we reinvent it. How? By combining a comprehensive and efficient capital platform, dataâdriven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business â property, casualty, professional, financial lines and specialty. With an innovative and flexible approach to risk solutions, we partner with those who move the world forward. Learn more at axaxl.com.
Underwriting Manager - International Casualty, Retail, UK & Lloyd\'s employer: AXA XL
Contact Detail:
AXA XL Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Underwriting Manager - International Casualty, Retail, UK & Lloyd\'s
â¨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend events, and engage on platforms like LinkedIn. The more people you know, the better your chances of landing that Underwriting Manager role.
â¨Tip Number 2
Show off your expertise! When you meet potential employers or clients, donât be shy about sharing your knowledge in Casualty underwriting. This will help you stand out as a candidate who knows their stuff and can add value to the team.
â¨Tip Number 3
Be proactive! If you see a company you want to work for, reach out directly. Express your interest in the Underwriting Manager position and ask if they have any upcoming opportunities. Sometimes, itâs all about being in the right place at the right time.
â¨Tip Number 4
Donât forget to apply through our website! Weâve got loads of resources to help you prepare for interviews and showcase your skills. Plus, applying directly shows your enthusiasm for joining AXA XL!
We think you need these skills to ace Underwriting Manager - International Casualty, Retail, UK & Lloyd\'s
Some tips for your application đŤĄ
Tailor Your CV: Make sure your CV is tailored to the Underwriting Manager role. Highlight your technical underwriting experience and broker management skills, as these are key for us at AXA XL. Use specific examples that showcase your achievements in these areas.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention your people management credentials and how you can contribute to our strategic growth and development objectives.
Showcase Your Interpersonal Skills: We value excellent communication and networking skills. In your application, give examples of how you've built relationships with clients, brokers, and colleagues. This will show us that you can effectively represent AXA XL in the community.
Apply Through Our Website: Don't forget to apply through our website! Itâs the best way for us to receive your application and ensures youâre considered for the role. Plus, it shows youâre keen on joining our team at AXA XL!
How to prepare for a job interview at AXA XL
â¨Know Your Underwriting Inside Out
Make sure you brush up on your technical underwriting knowledge, especially in Casualty. Be prepared to discuss specific cases you've handled and how you approached complex accounts. This will show that you have the expertise needed for the role.
â¨Build Relationships Before You Walk In
Networking is key in this industry. If possible, connect with current employees or brokers before your interview. This can give you insights into the company culture and help you tailor your responses to align with their values.
â¨Showcase Your Leadership Skills
As an Underwriting Manager, you'll need to demonstrate effective team leadership. Prepare examples of how you've motivated teams or managed conflicts in the past. Highlight your ability to develop others and maintain a positive work environment.
â¨Prepare for Scenario-Based Questions
Expect questions that ask how you would handle specific underwriting scenarios or client interactions. Think through potential challenges you might face in the role and how you would address them, showcasing your problem-solving skills and adaptability.