Job Description
Senior Underwriter – International Property London, UKAs an experienced Underwriter you will be responsible for working within authority limits on assignments reflecting the expert degree of technical complexity and coordination under broad management direction. This position is typically an individual contributor and your key responsibilities will involve underwriting business in line with the business plan; assisting the planning and forecasting process; monitoring aggregate exposure within agreed limits; monitoring premium income to ensure it remains within agreed limits; ensuring all riskswritten, are within the agreed maximum; maintaining awareness of all claims advised; supporting and providing input on settlement of claims advised; building and maintaining relationships with brokers and clients; supporting the design and structure of risks; identifying and driving new product development opportunities. DISCOVERyour opportunityWhat will your essential responsibilities include?·Underwrite, manage and service a renewal book and produce new business in accordance with business unit goals. Develop and manage underwriting strategies for both renewals and targets within your portfolio of accounts, including knowledge of the current penetration by product, cross marketing penetration and specific plans to increase company share.·Exercise discretion and independent 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. ·Promote the company's expertise by participating in industry conferences and events while regularly conducting and taking leadership roles in client and broker meetings to educate on risk. ·Maintain compliance with all internal and external underwriting guidelines and legal requirements.·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.·Identify and drive new product development opportunities. Effectively cross-market with other XL Catlin 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.·Under broad management direction, work at the highest authority limits on assignments reflecting the expert degree of technical complexity and coordination.·Possess an expert level of technical knowledge and skills including product and industry.·Provide guidance and assistance to junior underwriters and associates and other functional areas.You will report to Underwriting Manager.SHARE your talentWe’re looking for someone who has these abilities and skills:·Bachelor’s degree (or equivalent).·Possess a high and extensive level of technical knowledge and skills within Property Insurance ·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.·Excellent organizational, time-management and multi-tasking skills combined with a great work ethic.·Ability to develop and understand business processes, strategy and planning.·Knowledge of functionality of systems. ·Ability to work independently.·Ability to respond to a changing environment with flexibility and innovation.·Good customer service and negotiation skills. A proven track record in development of business relationships with brokers and insureds.·Ability to lead in accordance with AXA XL Core Values and Culture.FIND your futureAXA 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.Inclusion & Diversity