Job Description

The War, Terrorism and Political Violence (WTPV) business group operates within the top quartile of WTPV insurers within Lloyd\xe2\x80\x99s, and in 2022 generated Gross Written Premium circa USD 71m.

The WTPV business group offers customers a full complement of political violence insurance products, servicing a range of business sectors including Fortune 500 clients, Real Estate, Power, Energy, Manufacturing, Construction and Telecoms.

Our primary objective is to be the lead carrier in the WTPV market. We want to be recognised for our unsurpassed client service and the innovative approach we take when addressing our clients\xe2\x80\x99 most complex risks.

As an Underwriter I, you will be responsible for delivering a profitable \xe2\x80\x98Underwriting\xe2\x80\x99 service to your clients. Your key tasks include: underwriting business within the agreed business plan and individual authority; supporting the business planning process; building and maintaining relationships with brokers and clients and 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 WTPV 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.

• Controlling timely implementation of new and renewed accounts according to quality standards.

• In coordination with other internal teams, determining appropriate reinsurance for risk placements both on excess of loss and quota share basis.

• 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 and 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.

You will report to the Head of War, Terrorism and Political Violence.

Qualifications

We\xe2\x80\x99re looking for someone who has these abilities and skills:

\xc2\xb7 Bachelor\xe2\x80\x99s Degree (or equivalent).

\xc2\xb7 Experience of working within an Underwriting team, possessing functional knowledge and skills reflective of a fully competent practitioner.

\xc2\xb7 Industry Knowledge and Commercial/Business Acumen.

\xc2\xb7 Analytical, negotiation and sales/marketing skills.

\xc2\xb7 Excellent written and oral communication skills. Outstanding customer service focus is a must.

\xc2\xb7 Interpersonal Savvy - Demonstrated ability to build and maintain strong insured and broker contacts.

\xc2\xb7 Ability to develop and understand business processes, strategy and planning.

\xc2\xb7 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\xe2\x80\x99t 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 \xe2\x88\x92 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.

Learn more at

Inclusion & Diversity

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 a diverse workforce enable business growth and are critical to our success. That\xe2\x80\x99s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It\xe2\x80\x99s about helping one another \xe2\x80\x94 and our business \xe2\x80\x94 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.

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 2023-26 Sustainability strategy, called \xe2\x80\x9cRoots of resilience\xe2\x80\x9d, 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 \xe2\x80\x93 are essential to our future. We\xe2\x80\x99re committed to protecting and restoring nature \xe2\x80\x93 from mangrove forests to the bees in our backyard \xe2\x80\x93 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\xe2\x80\x99re 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\xe2\x80\x99s \xe2\x80\x9cHearts in Action\xe2\x80\x9d programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day \xe2\x80\x93 the Global Day of Giving.

For more information, please see axaxl.com/sustainability

AXA XL