Underwriter Accident And Health Job In London

Job Description

Job Description - Underwriter – Accident and Health (11001156D20221012)

Job Description

Underwriter – Accident and Health (

Job Number:

11001156D20221012 )

DISCOVER your opportunity

Accident & Health Business Unit

The Accident and Health Team underwrite a range of (re)insurance products that protect companies and individuals against accidental death, injury, or illness. It is a specialist portfolio of risks written in the Lloyd’s and Company markets where the team has unique product knowledge, targeting industries such as Aviation, Marine, Sports, and Specialty Personal Accident and Disability.

The portfolio remains focused but diverse with distribution via open market direct and facultative placements, delegated authorities, lineslips, proportional and non-proportional treaty reinsurance. The Team is also complemented by the specialist skills of the Life Syndicate’s Underwriters, enabling a combination of knowledge, product, and skill to be provided.

AXA XL’s leading global and Lloyd’s position, and experienced group of underwriters enables them to provide tailored solutions for our large portfolio of corporate clients and brokers.

DISCOVER your opportunity

Joining AXA XL as an experienced Underwriter you will have the opportunity to work with a wide range of clients to provide an innovative and bespoke underwriting service. Each risk we consider is unique which means our clients and Brokers should enjoy a best practice, market leading experience of working with us.

In your underwriting role you will be responsible for writing new and renewal business for an allocated range of clients across the book, working with Brokers and direct clients, in support of the profitable growth of the book. Providing innovative pricing and policy wordings, supporting any claims within your client base and monitoring exposure levels with the respective Actuarial and Claims teams.

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 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; 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.

We’re looking for someone who has these abilities and skills:

• Proven experience of underwriting, ideally with a proven track record of profitable underwriting in this line of business
• Good industry knowledge and awareness of factors affecting this market
• Excellent customer service skills, including strong written and verbal communication skills
• Demonstrable analytical, negotiation and sales skills

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’t just provide re/insurance, we reinvent it.

How? By combining a strong 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.

At AXA XL we are happy to talk flexible working. We are committed to building a diverse and inclusive workforce and consider flexible ways of working for every role. Talk to us about how we can make flexibility work for you.

At AXA XL our approach to corporate responsibility (CR) is the same as our approach to business; constantly seeking to provide innovative solutions to the world’s most complex problems. From offering our expertise, products and services to help build more resilient communities, to advancing understanding and response to climate change, our strategy – Our Impact. Our Future. – aligns key issues that are pertinent to our business – climate, water and financial resilience - and contributes to AXA Group’s purpose to “Act for human progress by protecting what matters.”.

• Climate: We’re reducing our carbon footprint, protecting ecosystems and exploring how our business can help build a better world.
• Water: We’re developing water resilience where it is — and will be — needed most.
• Financial resilience: We’re helping create opportunities for the unemployed and underemployed, so they can be better prepared for unexpected changes.
• Hearts in Action:We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as our “Hearts in Action” programs.

At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, while creating an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.

• Five Business Resource Groups focused on gender, LGBTQ+, race/ethnicity, 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

AXA XL is an Equal Opportunity Employer.

Location

: GB-GB-London

Work Locations

: GB London 20 Gracechurch Street 20 Gracechurch Street London London EC3V 0BG

Job Field

Schedule

: Part-time

Job Type

: Standard

AXA XL is an Equal Opportunity Employer and does not discriminate against any colleague or applicant for employment on the basis of race, color, national origin, religion, sex, gender identity and/or expression, sexual orientation, age, disability, genetic information, veteran status, military status or any other category protected by local law.