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Underwriter - Delegated Authority, Wholesale Property, London
Client:
AXA Group
Location:
London, United Kingdom
Job Category:
Other
-
EU work permit required:
Yes
Job Reference:
9bd41000ab85
Job Views:
9
Posted:
26.04.2025
Expiry Date:
10.06.2025
Job Description:
Underwriter – Delegated Authority, Wholesale Property
London, UK
As an Underwriter, you will be responsible for delivering a profitable ‘Underwriting’ service to your clients. Your key tasks include underwriting business within the agreed business plan and individual authority; supporting the business planning and forecasting process; monitoring financial exposure within outlined limits; monitoring premium income to ensure it remains within set limits; maintaining awareness of all claims advised while supporting and providing input on settlement of claims; ensuring adequate reinsurance is acquired to cover specific risks; building and maintaining relationships with brokers and clients; supporting the design and structure of risks.
Discover your opportunity
What will your essential responsibilities include?
* 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.
* Calculating 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 advising, assisting, servicing and following up with clients and brokers on insurance and risk management matters to ensure satisfaction and fulfilment of their insurance requirements.
* Effective relationship management to initiate opportunities for cross-selling offered products and ensuring account retention.
* Controlling timely implementation of new and renewed accounts according to quality standards.
* Reviewing loss control reports and managing policy endorsement requests to process any necessary changes to the policy.
* Supporting the business planning and forecasting process; monitoring financial exposure within outlined limits; monitoring premium income to ensure it remains within set limits.
* Maintaining awareness of all claims advised while supporting and providing input on settlement of claims.
* Working collaboratively in a team environment, assisting underwriters, underwriting assistants and management team.
We’re looking for someone who has these abilities and skills:
* Underwriting experience within Wholesale Property / Delegated Authority
* Demonstrate technical knowledge and experience of the industry
* Proven analytical, negotiation and sales skills.
* Excellent written and oral communication skills
* Interpersonal savvy - demonstrated ability to build and maintain insured and broker contacts.
* Ability to develop and understand business processes, strategy and planning.
* 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. 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.
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