Underwriting Assistant

Underwriting Assistant – International and North American Binders

At AXA XL we solve today’s complex risks to drive tomorrow’s 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 opportunity

What will your essential responsibilities include?

· Owning the query management process for both teams, building relationships with our shared service teams

· 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

· 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

· 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

· Responsible for the quarterly monitoring of premium incomes (projections versus actuals)

· Liaise with the Credit Control team - answering queries, tracking, and monitoring premium using core underwriting systems

· 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

· Collaborate with the Delegated Operations Analyst who provides insightful analysis on the delegated authority portfolio to underwriters

· Responsible for seeing opportunities to improve processes and providing suggestions

· Other ad-hoc duties and projects

SHARE your talent

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

· Minimum A-level standard of education or equivalent business experience

· Proficient use of Microsoft Excel with the ability to use VLookups/Pivots/formulae on a daily basis without guidance

· Computer literate – experience using Microsoft Outlook, Word, PowerPoint, Teams would be advantageous

· System data entry experience and processes would be beneficial

· Knowledge of delegated business would be advantageous

· Rational approach to complex data

· Effective communicator

· Possess strong analytical and problem-solving skills, and an ability to develop pragmatic solutions to problems

· Accurate and exceptional attention to detail, with a commitment to accuracy

· Excellent proactive organisation skills and ability to plan and prioritise work, using their own initiative and keeping one step ahead

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 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

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’s 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’s 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.

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. We’re 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. We’re 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’s “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