Underwriter I – Wholesale Casualty, UK & Ireland

AXA Group; London; On-site; GBP 35,000 - 65,000; Full time

Job description

Underwriter I – Wholesale Casualty, UK & Ireland

London, UK

Applications close 9^th May

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.

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

DISCOVER your opportunity

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 to the International Wholesale Liability sector, reinsurance cessions as well as the Underwriting and general administration costs while ensuring profitability.
3. Proactively advising, assisting, servicing, and following up with clients on insurance and risk management matters to ensure satisfaction and fulfillment of their insurance requirements.
4. Effective relationship management to initiate opportunities for cross-selling offered products and ensuring account retention.
5. Controlling timely implementation of new and renewed accounts according to quality standards.
6. In coordination with other internal teams, determining appropriate reinsurance for risk placements both on excess of loss and quota share basis.
7. Reviewing loss control reports and managing policy endorsement requests to process any necessary changes to the policy.
8. Supporting the business planning and forecasting process; monitoring financial exposure within outlined limits; monitoring premium income to ensure it remains within set limits.
9. Maintaining awareness of all claims advised while supporting and providing input on settlement of claims.

You will report to the Underwriting Manager.

SHARE your talent

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

1. Proven underwriting experience in Wholesale Casualty, possessing functional knowledge and skills reflective of a fully competent practitioner.
2. Demonstrated progression through the UA and AU roles.
3. Preferably direct and active experience of working in the Lloyd’s market including knowledge of handling Binder & MGA business.
4. Good industry knowledge and awareness of factors affecting this market.
5. Excellent customer service skills, including written and verbal communication skills.
6. Demonstrable analytical, negotiation and sales skills.

FIND your future

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.

How? By combining a comprehensive and efficient capital platform, data-driven 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 − 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.

Inclusion & Diversity

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 and a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It’s about helping one another — and our business — 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 family friendly leave benefits.
• Named to the Diversity Best Practices Index.
• Signatory to the UK Women in Finance Charter.

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.

Our Pillars:

• Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future.
• Addressing climate change: The effects of a changing climate are far reaching and significant. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
• Integrating ESG: All companies have a role to play in building a more resilient future.
• AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them.