Underwriting Assistant

Ipswich, Suffolk, United Kingdom

Job Description


Underwriting Assistant \xe2\x80\x93 International and North American BindersAt AXA XL we solve today\xe2\x80\x99s complex risks to drive tomorrow\xe2\x80\x99s innovation. We see our careers with AXA XL as a chance to unleash our potential globally. Cultivate expertise. Collaborate constantly. Analyse deeper. Dream bigger.The primary purpose of the Underwriting Assistant role is to support and contribute effectively towards the maintenance, servicing, retention and development of the existing Underwriting portfolio, whilst developing the necessary skillset to liaise with key internal and external stakeholders.The role includes pre and post bind processes within the International and North American Delegated Authority Underwriting business units, providing accurate and efficient processing of accounts, with quality service levels, ensuring the end-to-end process is fully compliant in accordance with AXA XL guidelines.You will be based in our newly refurbished Ipswich office; and be part of Smart Working initiative offering a hybrid way of working, combining both remote and office working. For this role you will be required to travel to the London office an average of once or twice per week.You will report to the Operations Manager of London Wholesale Property & Casualty, based in London.DISCOVER your opportunityWhat will your essential responsibilities include?\xc2\xb7 Owning the query management process for both teams, building relationships with our shared service teams\xc2\xb7 Assisting Underwriters in recording risk details on source systems; building broker relationships as required; developing knowledge of the class of business and the accounts written; retrieving data for Underwriters as requested, accurately and on time, maintaining relevant new business spreadsheets\xc2\xb7 Co-ordinate the binder and lineslip underwriting new/renewal process alongside underwriters, pricing, claims and governance (including Conduct Risk), maintaining the renewal diary and driving collation of applicable documents ahead of renewal or inception with internal and external stakeholders\xc2\xb7 Liaise with underwriters to ensure correct interpretation of data for accuracy and completeness, including the ability, once trained, to co-ordinate the calculations of Profit Commissions due\xc2\xb7 Responsible for the quarterly monitoring of premium incomes (projections versus actuals)\xc2\xb7 Liaise with the Credit Control team - answering queries, tracking, and monitoring premium using core underwriting systems\xc2\xb7 Work with and build relationships with underwriting support functions to respond to regular control and exception reports, including data entry and regulatory reports and ensure adherence to common standards across the business\xc2\xb7 Collaborate with the Delegated Operations Analyst who provides insightful analysis on the delegated authority portfolio to underwriters\xc2\xb7 Responsible for seeing opportunities to improve processes and providing suggestions\xc2\xb7 Other ad-hoc duties and projectsQualificationsSHARE your talentWe\xe2\x80\x99re looking for someone who has these abilities and skills:\xc2\xb7 Minimum A-level standard of education or equivalent business experience\xc2\xb7 Proficient use of Microsoft Excel with the ability to use VLookups/Pivots/formulae on a daily basis without guidance\xc2\xb7 Computer literate \xe2\x80\x93 experience using Microsoft Outlook, Word, PowerPoint, Teams would be advantageous\xc2\xb7 System data entry experience and processes would be beneficial\xc2\xb7 Knowledge of delegated business would be advantageous\xc2\xb7 Rational approach to complex data\xc2\xb7 Effective communicator\xc2\xb7 Possess strong analytical and problem-solving skills, and an ability to develop pragmatic solutions to problems\xc2\xb7 Accurate and exceptional attention to detail, with a commitment to accuracy\xc2\xb7 Excellent proactive organisation skills and ability to plan and prioritise work, using their own initiative and keeping one step aheadFIND 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\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 atInclusion & DiversityAXA 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.SustainabilityAt 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

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Job Detail

  • Job Id
    JD3024402
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Ipswich, Suffolk, United Kingdom
  • Education
    Not mentioned