The Directors’ & Officers’ (D&O) team is a significant capacity player and Thought Leader in the market. With a compelling brand backed by a significant balance sheet, the Team has a Leading Underwriter position in the market writing a global book of Fortune 500 companies. All the underwriters have extensive market relationships with all the leading brokers, writing an Open Market and Delegated Authority book. This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime.
What you’ll be doing
As a Senior Underwriter of Directors’ & Officers’ insurance you will be seen as a market leading Underwriter in your field to internal peers, Brokers, and direct clients. You will be responsible for driving profitable growth of the book by providing best in class underwriting service to Clients and Brokers, and leading by example for junior team members to learn from.
You will work with an allocated range of clients within the portfolio to service their new business, renewal and policy endorsement needs, whilst maintaining a view across the wider book to ensure we are achieving the desired strategic goals for the book. You will also work with Claims and Actuarial counterparts to design innovative pricing and risk management solutions for clients, and work with Reinsurance counterparts to ensure the appropriate coverage is in place.
Responsibilities
* Review submissions including applications, policy wording, inspection reports, loss runs, and financial reports while conducting appropriate research to determine degree of risk for each account.
* Calculate appropriate risk premium by considering the risk costs inherent to the sector, reinsurance cessions as well as the Underwriting and general administration costs while ensuring profitability.
* Proactively advise, assist, service and follow up with clients on insurance and risk management matters to ensure satisfaction and fulfilment of their insurance requirements.
* Manage effective relationship management to initiate opportunities for cross‑selling offered products and ensuring account retention.
* Review loss control reports and manage policy endorsement requests to process any necessary changes to the policy.
* Support the business planning and forecasting process; monitor financial exposure within outlined limits; monitor premium income to ensure it remains within set limits.
* Maintain awareness of all claims advised while supporting and providing input on settlement of claims.
Qualifications
* Significant proven D&O Underwriting experience with demonstrable track record of writing a profitable portfolio within the line of business.
* Demonstrate significant technical knowledge and experience of the industry and line of business.
* Proven analytical, negotiation and sales skills.
* Excellent customer service experience, including effective written and oral communication skills.
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. We have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible.
* 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.
AXA XL is an Equal Opportunity Employer.
Total Rewards
AXA XL’s 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. We’re 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
* Valuing nature: We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
* Addressing climate change: 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: We incorporate ESG considerations into our internal processes and practices, training colleagues, engaging 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.
Who we are
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.
By combining a comprehensive and efficient capital platform, data‑driven insights, leading technology, and the best talent in an agile and inclusive workspace, we empower our teams 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.
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