Underwriter, Regional Retail P&C

XL CATLIN; London; On-site; GBP 60,000 - 80,000

Job description

Job Description - Underwriter, Regional Retail P&C (23000039D20241112)

DISCOVER your opportunity

Underwriter II – Regional Retail P&C

Location: London

As an Underwriter II, you will be responsible for delivering a profitable & sustainable ‘Underwriting’ service to your clients. Your key tasks include:

1. Underwriting business within the agreed business plan and individual authority.
2. Supporting the business planning and forecasting process.
3. Monitoring financial exposure within outlined limits.
4. Monitoring premium income to ensure it remains within set limits.
5. Maintaining awareness of all claims advised while supporting and providing input on settlement of claims.
6. Building and maintaining relationships with brokers and clients.
7. Supporting the design and structure of risks.

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

What will your essential responsibilities include?

1. Reviewing submissions including applications, policy wording, inspection reports, loss runs, and financial reports while conducting appropriate research to determine degree of risk for each account.
2. Calculating appropriate risk premium by considering the risk costs inherent within the current Underwriting Property environment.
3. Proactively advising, assisting, servicing and following up with clients on insurance and risk management matters to ensure satisfaction and fulfilment of their insurance requirements.
4. International travel and regular attendance at the Lloyd’s Box.
5. Effective relationship management to initiate opportunities for cross-selling offered products and ensuring account retention.
6. Controlling timely implementation of new and renewed accounts according to quality standards.
7. Reviewing loss control reports and managing policy endorsement requests to process any necessary changes to the policy.
8. Maintaining awareness of all claims advised while supporting and providing input on settlement of claims.
9. Working collaboratively in a team environment, assisting underwriters, underwriting assistants and management team.

You will report to the Underwriting Manager.

We’re looking for someone who has these abilities and skills:

1. Proven experience in UK Property or Casualty Underwriting, or a combination of both.
2. Experience dealing with Multinationals.
3. Possesses demonstrated technical knowledge and skills, including product and industry, reflective of successful progression through various job family levels.
4. Under technical direction, works within significant limits and authority on assignments of higher technical complexity and coordination.
5. Advanced analytical, negotiation and sales/marketing skills.
6. Excellent written and oral communication skills.
7. Interpersonal Savvy - Demonstrated ability to build and maintain insured and broker contacts.
8. Collaborative team player who provides creative solutions and ideas for resolution.

FIND your future

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. We provide re/insurance and reinvent it by combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace.

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.

Location

Location: GB-GB-London

Work Locations

GB London 20 Gracechurch Street, London EC3V 0BG

Job Type

Full-time