Overview
AXA XL is an Equal Opportunity Employer. Chelmsford, UK. Angel Risk Management specialises in underwriting products for the small to medium-sized sector on behalf of AXA XL – the global insurer that combines financial security with a nimble and empowered approach. The majority of Angel online business is underwritten either via the Angel Underwriting bespoke system from the Angel Chelmsford office or the Angel online quick quote system. AXA XL provides property, casualty, professional and speciality products to industrial, commercial and professional businesses, insurers and enterprises through the world.
What you’ll be doing
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; maintaining awareness of all claims advised while supporting and providing input on settlement of claims; building and maintaining relationships with brokers and clients; supporting the design and structure of risks; embedding innovative company culture and actively working with IT and other Angel teams to ensure continuous development of efficient systems.
Responsibilities
* To Underwrite and be involved in the management of Angels’ Professional Liability (Financial Lines) renewal book of business
* Reviewing submissions including applications, policy wording, loss runs, and financial reports while conducting appropriate research to determine degree of risk for each account
* Calculating appropriate risk premium
* Proactively, assisting, servicing and following up with clients on insurance
* 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
* Managing policy endorsements requests and mid term adjustments
* 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
* Develop, underwrite, quote and bind FL new and renewal business
* Deal with referrals and complex risks
* Assist the junior members of the team by acting as a referral point for business outside of their authority
* Deal efficiently with brokers queries as they arise
* Assist in preparing weekly and monthly reports
* Reinforce partnerships and relationships with brokers
You will report to the Managing Director.
What you’ll bring
* Proven experience of underwriting Financial Lines / Professional Liability / Directors and Officers Insurance and a good working knowledge of general insurance and insurance underwriting
* Industry/product Knowledge and Commercial/Business Acumen
* Good standard of numeracy and literacy; analytical, negotiation and sales/marketing skills
* Excellent written and oral communication skills. Excellent customer service focus is a must
* Interpersonal Savvy - Demonstrated ability to build and maintain excellent insured and broker contacts
* Ability to develop and understand business processes, strategy and planning
* Affinity with underwriting systems and online broker processing would be advantageous
* Collaborative team player who provides creative solutions and ideas for resolution
* Knowledge of and ability to competently work with Microsoft Office applications
* React to change proactively
* Be able to work effectively in a team environment and exhibit the flexibility necessary in an evolving organization
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 aim to create an inclusive culture that enables business growth and is critical to our success.
* 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 axaxl.com/about-us/inclusion-and-diversity. 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, including 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
AXA XL integrates Sustainability into our business strategy. Our 2023-26 Sustainability strategy, Roots of resilience, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
Our Pillars
* Valuing nature: We are committed to protecting and restoring nature and increasing biodiversity awareness.
* Addressing climate change: We are building a net zero strategy and developing insurance products and services to support sustainable solutions.
* Integrating ESG: We are training colleagues and engaging partners to embed ESG considerations into internal processes.
* AXA Hearts in Action: Volunteering and charitable programs, including Matching Gifts and the Global Day of Giving
For more information, please see axaxl.com/sustainability.
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 individuals. We combine a comprehensive and efficient capital platform, data-driven insights, leading technology, and an agile and inclusive workspace to deliver top client service across all lines of business — property, casualty, professional, financial lines and specialty.
Learn more at axaxl.com
#J-18808-Ljbffr