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Product recall underwriter

London
AXA
Underwriter
£60,000 - £120,000 a year
Posted: 1 October
Offer description

Job Description:

AXA XL has built a sizeable, market leading Product Recall business and we are looking for an experienced Underwriter to provide cover during a period of maternity leave. The successful candidate will have significant autonomy as well as access to the proprietary tools and resources necessary to develop this successful business even further. Building and maintaining collaborative partnerships with brokers and clients will be critical and includes our claims capabilities which are at the heart of our promise.

Our Product Recall business is primarily written in the London Market and reports into our Head of Crisis Management, alongside War, Terrorism and Political Violence, and Security Risks. You would work closely with other teams to serve important Clients of AXA XL and also benefit from our emerging risks work on the risks of the future.

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


Whatyou'll be doing


What will your essential responsibilities include?

* Underwrite, manage and service a renewal book and produce new business in accordance with business unit goals..
* Exercise discretion and self-directed judgment in the analysis and evaluation of risk.
* Participate in roundtable discussions on risk assessment and provide mentorship and leadership to peers.
* Negotiate with producers within the limits of delegated authority and in accordance with established underwriting standards to achieve profit objectives.
* Build and enhance relationships with brokers and clients and identify and establish new distribution relationships.
* Maintain expertise with the products, services, priorities and target markets to more effectively enable clients to uncover hidden risks.
* Maintain compliance with all internal and external underwriting guidelines and legal requirements.
* Maintain awareness of all claims advised while supporting and providing input on settlement of claims.
* Identify and drive new product development opportunities. Effectively cross-market with other XL lines; meet with brokers and insureds as required. Cultivate key broker relationships in the region to maintain a steady stream of business within our underwriting appetite.
* Provide guidance and assistance to other underwriters and associates and other functional areas.

You will report to Head of Product Recall, UK & Lloyd's.


Whatyou'll bring


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

* Bachelor's degree (or equivalent industry certifications)
* Possess a good level of technical underwriting knowledge and skills including relevant product & industry.
* Able to apply business understanding and/or management experience to set direction within the segment or function.
* You should possess analytical and problem-solving skills as well as sales and marketing abilities.
* Exceptional organizational, time-management and multi-tasking skills combined with an excellent work ethic.
* Knowledge of functionality of systems.
* Ability to work self-supported.
* Ability to respond to a changing environment with flexibility and innovation.
* Customer service and negotiation skills. A proven track record in development of business relationships with brokers and insureds


Whatweoffer


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. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It's about helping one another — and our business — to move forward and succeed.

* 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

Learn more at 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

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our Sustainability strategy, called "Roots of resilience", focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars:

* Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. 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: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. 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: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We're training our colleagues, engaging our external 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, known as AXA XL's "Hearts in Action" programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.

For more information, please see


Whoweare


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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