**Senior Underwriter**, London, UK | AXA XL
Key responsibilities include underwriting complex P&C risks within authority limits, planning & forecasting, monitoring premium income, maintaining awareness of claims, building client & broker relationships, driving product development, and ensuring regulatory compliance. This individual contributor role demands high-level technical knowledge, strong analytical skills, and the ability to work collaboratively and independently.
Required skills and experience:
- Bachelor's degree (or equivalent)
- Proven underwriting experience, ideally for multinational/captive structured programs
- Expertise in P&C commercial lines and insurance industry knowledge
- Excellent problem-solving, organizational, and time-management skills
- Strong customer service, negotiation, and sales abilities
- Experience with underwriting guidelines and legal requirements
- Compliance with Central Bank of Ireland's Fitness and Probity regime
- Experience with systems functionality and ability to work flexibly
Fluency in additional languages would be an advantage.
AXA XL promotes diversity and inclusion, offering competitive rewards and a sustainable work environment. Led by Underwriting Manager, the successful candidate will contribute to establishing AXA XL as the pre-eminent Liability market.
Full Job Description
Senior Underwriter London, UK AXA XL is a major international player within Property & Casualty commercial lines, insuring companies with the most complex risks across different territories. As a Senior 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 premium income to ensure it remains within agreed limits; ensuring all risks written, 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. Duties include underwriting of new business and renewals including programme management, with client responsibility and emphasis on exceptional service to internal and external customers. The successful candidate will be driven, innovative, solution orientated and objective focused to play an integral role in establishing us as the pre-eminent Liability market. This is a regulated role under the Central Bank of Irelands Fitness and Probity regime. What youll be doing What 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. Provide technical guidance to team members as and when required Exercise discretion and judgment in the analysis and evaluation of risk. Participate in roundtable discussions on risk assessment and provide mentorship and leadership to peers. Facilitate, support and conduct training to Casualty team as and when required, e.g. emerging risks / regulatory updates 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 AXA XL 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. 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. What youll bring Were looking for someone who has these abilities and skills: Bachelors degree (or equivalent). Possess a high and extensive level of technical knowledge and skills including product & industry. Collaborative team player who provides creative solutions and ideas for resolution. You should possess excellent analytical and problem solving skills as well as fantastic sales and marketing abilities. Understanding and experience of underwriting multinational and captive structured programs. Excellent organizational, time-management and multi-tasking skills combined with an excellent work ethic and attention to detail. 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. Excellent customer service and negotiation skills. A proven track record in development of collaborative business relationships with brokers and insureds. Ability to lead in accordance with AXA XL Core Values and Culture. 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. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. Thats why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. Its about helping one another and our business 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 axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer. Total Rewards AXA XLs Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do. Were 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 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 Roots of resilience, 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 are essential to our future. Were committed to protecting and restoring nature from mangrove forests to the bees in our backyard 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. Were 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 XLs Hearts in Action programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day 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 even some inspirational individuals we dont 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. Learn more at axaxl.com