Underwriting Assistant

Job Description - Underwriting Assistant (25UKMM06D20240703)

Job Number:

25UKMM06D20240703

DISCOVER your opportunity

At AXA XL we solve today’s complex risks to drive tomorrow’s innovation. We see our careers with AXA XL as a chance to unleash our potential globally. Cultivate expertise. Collaborate constantly. Analyse deeper. Dream bigger.

Joining AXA XL as an Underwriting Assistant is a great foundation step to launch your career within insurance. Whether you have some basic Insurance experience and are ready to take the next step up, want to change your direction within Insurance or are looking for your first step on the ladder, we have plenty of support available to help you take that next step. Starting your career can be a daunting adventure; at AXA XL, we have industry experts and a market-leading Underwriting Academy to support you on that learning journey.

The Middle Office Operations team are responsible for ensuring that operational tasks undertaken by Shared Services / Global Operations are managed appropriately, provide support to Underwriting, and ensure that the administrative processes for the end-to-end policy lifecycle are run efficiently and at a high quality to serve internal and external clients. Within this role, you will primarily be responsible for supporting Retail lines of business.

The teams support the design and delivery of strategic change initiatives affecting the Underwriting business. Example projects include the operational design strategy for Brexit, the design and execution of an offshore service centre move between countries, and supporting the data and system workstreams for a new legal entity creation.

What will your essential responsibilities include?

1. Assisting Underwriters in recording risk details on source systems; building broker relationships as required; developing knowledge of the class of business and the accounts written; retrieving data for Underwriters as requested, accurately and on time.
2. Liaise with underwriters to ensure correct interpretation of data for accuracy and completeness.
3. Maintain underwriting documentation/files; keeping all documentation in order.
4. Liaise with the Credit Control team - answering queries, tracking and monitoring premium using core underwriting systems.
5. Work with and build relationships with underwriting support functions to respond to regular control and exception reports, including data entry and ensure adherence to common standards across the business.
6. Work with the underwriting team to develop requirements for statistical and insightful reports for the Underwriting function.
7. Monitor renewal lists and coordinate as required.
8. Support delegated underwriting renewal process alongside underwriters, pricing, claims, and governance.
9. Work closely with shared services to ensure accurate and timely service to our Underwriters and Clients.
10. Other ad-hoc duties and projects.

You will report into Team Leader, Middle Office.

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

1. Minimum A-level standard of education or equivalent business experience.
2. Proficient use of Microsoft Excel with the ability to use VLookups/Pivots/formulae on a daily basis without guidance.
3. Computer literate – experience using Microsoft Outlook, Word, PowerPoint, Teams would be advantageous.
4. System data entry experience and processes would be beneficial.
5. Rational approach to complex data.
6. Possess excellent analytical and problem-solving skills.
7. Accurate and exceptional attention to detail.
8. Excellent proactive organization skills and ability to plan and prioritize work, using their own initiative and keeping one step ahead.

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.

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.

Location

Work Locations: GB Ipswich 2nd floor, Civic Drive

Schedule

Schedule: Full-time

Job Type

Job Type: Standard

AXA XL is an Equal Opportunity Employer and does not discriminate against any colleague or applicant for employment on the basis of race, color, national origin, religion, sex, gender identity and/or expression, sexual orientation, age, disability, genetic information, veteran status, military status or any other category protected by local law.