Underwriting Assistant

London, United Kingdom

Job Description


Underwriting AssistantLondon, UKAt 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.Joining AXA XL as an Underwriting Assistant is a great foundation step to launch your career within insurance. Whether you have some basic Insurance experience and are ready to take the next step up, want to change your direction within Insurance or are looking for your first step on the ladder we have plenty of support available to help you take that next step. Starting your career can be a daunting adventure, at AXA XL we have industry experts and a market leading Underwriting Academy to support you on that learning journey.The Middle Office Operations team are responsible for ensuring that operational tasks undertaken by Shared Services / Global Operations are managed appropriately, provide support to Underwriting and ensure that the administrative processes for the end-to-end policy lifecycle are run efficiently and at a high quality to serve internal and external clients. Within this role you will primarily be responsible for supporting either the Fine Art and Specie or Equine, Livestock & Aquaculture Underwriting business unit.The teams support the design and delivery of strategic change initiatives affecting the Underwriting business. Example projects include the operational design strategy for Brexit, the design and execution of an offshore service centre move between countries and supporting the data and system workstreams for a new legal entity creation.You will be based in our refurbished London office, however, we are excited to have implemented our Smart Working initiative offering a hybrid way of working, combining both remote and office working.DISCOVER your opportunityWhat will your essential responsibilities include?\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\xc2\xb7 Liaise with underwriters to ensure correct interpretation of data for accuracy and completeness\xc2\xb7 Maintain underwriting documentation/files; keeping all documentation in order\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 ensure adherence to common standards across the business\xc2\xb7 Work with underwriting team to develop requirements for statistical and insightful reports for Underwriting function\xc2\xb7 Monitor renewal lists and co-ordinate as required\xc2\xb7 Support delegated underwriting renewal process alongside underwriters, pricing, claims and governance\xc2\xb7 Work closely with shared services to ensure accurate and timely service to our Underwriters and Clients\xc2\xb7 Other ad-hoc duties and projectsYou will report to (Operations Manager Specialty, Middle Office).QualificationsSHARE 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 Rational approach to complex data\xc2\xb7 Effective communicator\xc2\xb7 Possess strong analytical and problem solving skills\xc2\xb7 Accurate and exceptional attention to detail\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
    JD3024821
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    London, United Kingdom
  • Education
    Not mentioned