Assistant Underwriter - Retail Property

Assistant Underwriter

London

AXA XL is a major international player within Property & Casualty commercial lines, insuring companies with the most complex risks across different territories. As we look to the future, our desire is to continue growing to ensure we are meeting the needs of all our clients regardless of the business types and sizes. In order to achieve this aim we are delighted to be investing within the Middle Market segment which mainly focus on domestic and international clients with increasing complexity across Property and Casualty lines in the UK.

This evolving Underwriting practice will be supported by dedicated teams in Distribution, Claims, Operations, Actuarial and Risk Consulting.

This growth ambition means we have created opportunities within the Property and Casualty Underwriting teams for ambitious professionals who are excited by the challenge of an expanding organisation. We are looking for Underwriters across the UK who have proven experience in the Middle Market P&C segment, with an inquisitive and entrepreneurial mindset, a desire to find innovative ways to meet client needs and develop business opportunities across multiple products.

In return you will benefit from extensive training and career development support, including a bespoke Underwriter specific induction and new joiner training, access to the Underwriting Academy for ongoing training on a wide range of topics, supported by market leading infrastructure. You will also enjoy the extensive employee benefits package, competitive salary, excellent bonus opportunity and flexible working practices.

The UK International Property Underwriting Team within AXA XL insures the Property Damage and Business Interruption risks for a diverse portfolio of large and corporate clients globally, spanning a broad range of trades from retail, pharmaceutical all the way through to food manufacturers.

The team offers innovative risk transfer and risk management solutions that meet the needs of today’s local businesses and global players alike by working closely with dedicated loss prevention service units and account management teams.

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.

As an Assistant Underwriter you will work with our industry leading Underwriters to support them through the underwriting process for new and renewal business, ensuring that our clients and Brokers experience the highest level of service.

You will have the opportunity to work with our Actuarial experts to learn how to use pricing models and systems to support the underwriting process, as well as building your experience to work towards gaining your own underwriting authority.

• Pre‑underwriting preparation for new business opportunities and renewal submissions, including compliance and clearance checks
• Working with underwriters to analyse and prepare underwriting information, reviewing insured values, loss data, and liaising with risk consulting and cat modelling teams as required
• Working with underwriters to review technical pricing models and policy wording and conditions to ensure risks are within appetite and aligned with group guidelines / specific global property underwriting rules & guidelines
• Prepare post‑bind handover documentation for underwriters to check prior to handover to Middle Office.
• Working closely with middle office teams in the handover of bound risks, to track the processing of accounts, and assist with any enquiries and or required amendments
• Working with Middle Office to ensure a consistent and compliant process flow and data accuracy.
• Working with underwriters to review mid‑term adjustments and endorsement requests for existing business
• Ensuring all underwriting activities are documented on the…