Assistant Underwriter - Political Risk, Credit & Bond

Job Description - Assistant Underwriter - Political Risk, Credit & Bond (13002647R1D20241121)

Job Title: Assistant Underwriter - Political Risk, Credit & Bond

Job Number: 13002647R1D20241121

DISCOVER your opportunity

Support the Underwriters in the region in all tasks related to the underwriting and administration support. Work closely with our Underwriters supporting them in their activities associated with renewals, maintenance of the accounts and on models and systems. Assist the team in data quality assurance and continuous development of best practice in Business Services.

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

What will your essential responsibilities include?

1. Underwriting under guidance (within limits); preparing individual cases for pricing and modelling, liaising with Actuaries to deliver technical pricing to Underwriter; using modelling systems to aid the underwriting process; conducting research as requested by Underwriter.
2. Conducting pre-underwriting for renewals, handling endorsements on active business, conducting specific analyses for new business, and following up on renewals.
3. Preparing monthly reports.
4. Developing an internal network for facilitating the transfer of information and data between functions and departments in order to service the requirements of the underwriters and clients.
5. Assist the business group in maintaining and developing their book of business while developing the necessary skill sets and defined authority to accept risk in underwriting of a profitable account.
6. Understand the strategy and financial targets of AXA XL Insurance and those applicable to the business unit. You will be set appropriate individual targets and goals that support delivery of the business plan.
7. Attending internal and external meetings with clients and brokers.

You will report to the Underwriting Manager.

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

1. Bachelor’s degree or equivalent experience in the relevant class of business.
2. Able to perform tasks according to established procedures, with some ability to exercise discretion.
3. Analytical Skills - Visualize, gather information, articulate, analyze and solve complex problems in order to make key business decisions.
4. Strategy and Planning - Make underwriting decisions to fulfill business strategic plan and deliver results. Has knowledge of financial targets and levers in order to deliver on departmental business plan.
5. Industry Knowledge - Understanding of the insurance industry and specific product portfolios to positively impact the underwriting business.
6. Marketing – Effectively plan for sales and business development. Integrating the use of various techniques, tools, and information to support profitable business growth over a defined period.

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.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

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: SG-SG-Singapore

Work Locations: SG Singapore 138 Market St 138 Market St #10-01 & 03-02 (Lloyd's) CapitaGreen Singapore 048946

Schedule: Full-time

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.