Underwriter II - International Construction Retail
Underwriter II - International Construction Retail
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Job Description
SHARE your talent
Were looking for someone who has these abilities and skills:
Proven experience of underwriting ideally with a track record of profitable underwriting in this line of business.
Demonstrate significant technical knowledge and experience of the industry and line of business.
Excellent customer service skills including excellent written and verbal communication skills.
Demonstrable analytical negotiation and sales skills. Competency: description
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
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 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 II International Construction (Retail)
**Applications close 9th May 2025**
The AXA XL UK & Lloyds Construction and Engineering team provides Construction/Erection All Risks (and associated covers) for a diverse portfolio of clients on a Worldwide basis.
Our clients include Coverholders Contractors Utilities Developers and Engineering companies. We work with all the main broking houses in London and have a robust pipeline of new business opportunities.
This is an excellent opportunity to join an established and growing team. This role offers the prospect for the right candidate to increase their market profile and assist with the development of new business.
The ideal candidate will have an engineering background and some EAR/Renewable energy experience however this is not a prerequisite.
As an Underwriter you will be responsible for delivering a profitable Underwriting service to your clients. Your key tasks include: underwriting business within the agreed business plan and individual authority; supporting the business planning and forecasting process; monitoring financial exposurewithin 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; building and maintaining relationships with brokers and clients; supporting the design and structure of risks.
This is a regulated role under the Central Bank of Irelands Fitness and Probity regime.
DISCOVER your opportunity
Joining AXA XL as an experienced Underwriter II you will have the opportunity to work with and be responsible for managing a wide range of clients including Coverholders to provide an innovative and bespoke underwriting service. You will help to mentor and train Underwriting Assistants and Underwriter I colleagues on our pricing tools and technical topics.
What will your essential responsibilities include
Reviewing submissions policy wordings 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 crossselling offered products and ensuring account retention.
Oversee the pipeline and relationship of an allocated broker ensuring that we are seeing relevant and timely opportunities.
Controlling timely implementation of new and renewal accounts according to quality standards.
Contribute to the annual postbind review process.
Review loss control reports and managing policy endorsement requests to process any necessary changes to the policy.
Oversee the risk management surveys and closeout of any risk improvement recommendations for your allocated clients.
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.
You will report to the Head of Construction UK & Lloyds
Required Experience:
Intern
Employment Type
Full-Time
