Underwriting Assistant
Underwriting Assistant
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Job Description
SHARE your talent
Were looking for someone who has these abilities and skills:
- Permanent Australian Working Rights are required for this role.
- Proven experience in an underwriting administrative or support role within the insurance or finance industry.
- Proficiency in Microsoft Outlook and Microsoft Office applications.
- Proficient analytical skills with attention to detail: understands the importance of getting the little details right and takes pride in getting it right the first time.
- Able to communicate effectively with internal and external stakeholders
- Ability to work in a fastpaced environment and efficiently juggle numerous concurrent responsibilities.
- Develop and maintain productive working relationships with internal and external stakeholders
- Collaborative Team Member: ability to work effectively within diverse teams to reach shared objectives.
- Capability to work collaboratively with a virtual team.
- Great time management skills are essential
- Continuous Improvement Focused: Willing to ask questions and explore new ideas.
- Results Oriented: Approach tasks proactively and anticipate needs.
FIND your future
AXA XL the P&C and specialty risk division of AXA is known for solving complex risks. For midsized 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 datadriven 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
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. Thats 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. 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/aboutus/inclusionanddiversity. AXA XL is an Equal Opportunity Employer.
Sustainability
At AXA XL Sustainability is integral to our business strategy. In an everchanging 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 202326 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. Were building a net zero strategy developing insurance products and services and mobilizing to advance thought leadership and investment in societalled 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/sustainabili
Underwriting Assistant
Sydney NSW
We are seeking a detailoriented and proactive Underwriting Assistant to support our Underwriting team. The ideal candidate will assist with pre and postbinding processes manage documentation and reporting and ensure the accuracy of data in collaboration with offshore Enterprise Shared Services teams. This role involves handling reinsurance payments premium calculations assist credit control queries making it essential for candidates to have extensive analytical skills and attention to detail.
DISCOVER your opportunity
Key Responsibilities:
Assist Underwriters with pre and postbinding of accounts ensuring all instructions are sent to Enterprise Shared Services for processing in the systems.
Submit requests on inhouse platforms and coordinate with relevant teams for timely .
Collaborate effectively with the offshore team to ensure timely requests for quotes name clearance and accurate binding of quotes.
Engage proactively with Underwriters to facilitate a smooth account handover ensuring that all received information is understood and complete for processing and provide clear policy instructions to processing teams.
Ensure that all relevant documents are sent to the processing teams maintaining data accuracy throughout the process.
Manage reinsurance payments ensuring timely payments that comply with credit terms and Service Level Agreements (SLAs).
Upon underwriter request ensure the timely processing of midterm endorsements and issuance of insurance certificates (Certificate of Currency).
Closely monitor premium collection in accordance with processing rules and guidelines including system data entries.
Generate premium calculations and verify that the data entered into the tool aligns with the agreed terms and matches the signed documentation accurately.
Generate Claims History when required ensuring all information is accurate and uptodate.
Assist the Credit Control team with queries and discrepancies investigating premium discrepancies through analysis of calculations and reviewing underwriter and broker correspondence.
Address client and broker requests promptly and refer them to underwriters as necessary.
Review and amend documentation as necessary before sending to underwriters for final approval.
Maintain data quality accuracy ratios in accordance with defined metrics and standards.
Develop an expertlevel understanding of systems and processes staying updated on new guidelines and serve as a reference point for colleagues when questions or uncertainties arise.
You will report to the Middle Office Team Lead Australia.
Employment Type
Full-Time
