Senior Underwriter - D&O, UK & Lloyd’s
London, UK
*Applications close 30 May*
We’re a market leading, global insurer and reinsurer. With an innovative approach to solving complex risks, we have the knowledge and experience. And we’re looking for more.
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. We don’t just provide re/insurance, we reinvent it.
How? By combining a robust 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.
The Financial Lines team is a significant capacity player and Thought Leader in the market. With an influential 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.
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.
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 on insurance and risk management matters to ensure satisfaction and fulfillment of their insurance requirements.
·Effective relationship management to initiate opportunities for cross-selling offered products and ensuring account retention
·Reviewing loss control reports and managing 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.
You will report to the Underwriting Manager - D&O, UK & Lloyd’s
What you will BRING
We’re looking for someone who has these abilities and skills:
Required Skills and Abilities:
·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 serivce experience, including effective written and oral communication skillsCompetency: description
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.
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.
What we OFFER
Inclusion