drjobs Assistant Underwriter - Energy Transition

Assistant Underwriter - Energy Transition

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Job Location drjobs

London - UK

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

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.

Assistant Underwriter Energy Transition

London UK

AXA XL is looking for an Assistant Underwriter with experience in Energy / Renewables LOBs to support the Underwriting team in writing Renewable risks as part of an overall energy transition (ET) business portfolio.

The energy transition is integral to the drive towards a more sustainable global economy. Supporting the transition is a key part of our climate and sustainability strategy at AXA XL

AXA XLs energy transition work begins naturally with the energy portfolio but this is a drive that affects the entire economy. And to help enable this transition there are in effect three pillars that our energy transition activities and ambitions must straddle; products and services; distribution; and capability and learning and development.

This is a difficult area for underwriting; it will require an agile mindset balancing a portfolio approach with the fundamentals of underwriting whilst maintaining a keen eye on profitability. The right candidate will be able to draw upon a solid background of technical underwriting in engineering / renewables / power or a similarly complex line of business.

AXA XL has been underwriting coverage for renewable energy projects particularly solar wind and hydroelectric operations for some years now. And we are actively working with clients to provide coverage for a wide range of renewable energy technologies and operations from windfarms to hydrogen production to bioenergy to carbon capture underground storage (CCUS) and many others.

The ET book will be the cornerstone to helping to meet AXA XLs netzero underwriting goals and a key contributor to its wider energy transition journey. It will be important to be visible and approachable to brokers and clients alike. Effective verbal and written communication skills along with collaborative behaviour will be essential to the role.

This is a regulated role under the Central Bank of Irelands Fitness and Probity regime.

DISCOVER your opportunity

What will your essential responsibilities include

Assisting Underwriters in recording risk details on underwriting system; building broker relationships as required; developing knowledge of the class of business and the accounts written retrieving data for underwriters as requested.

Liaise with underwriters to ensure correct interpretation of data for accuracy and completeness

Maintain underwriting documentation/files keeping all documentation in order

Liaise with credit control team answering queries tracking and monitoring premium using core underwriting systems. Oversee premium notice of cancellation process undertaken by credit control

Liaise with Brokers regarding premium income monitoring late premiums and premium cancellations. Collate responses and manage queries

Work with underwriting support functions to respond to regulatory control and exception reports and ensure adherence to common standards across the class

Work with underwriting team to develop requirements for statistical and analytical reports for Underwriting function

Monitor renewal lists and action renewals as required

Work with underwriting support functions to resolve data entry queries

Work closely with shared services as required to ensure accurate and timely service to underwriters and clients

Potential for experience assisting with actuarial based account modelling

Other adhoc duties and projects as required

You will report to the Underwriting Manager Energy Transition.

SHARE your talent

Were looking for someone who has these abilities and skills:

Proven Underwriting Assistant / Assistant Underwriting experience supporting Energy / Renewables Underwriting teams.

Some understanding of the Energy Transition and its impact on the economy and within insurance.

General computer competency including experience using Microsoft Outlook Excel Word PowerPoint.

Experience on insurance data entry systems and processes

Have a logical approach to complex data with excellent analytical and problemsolving skills

Ability to communicate effectively

Proactive organization skills and exceptional attention to detail

Ability to get stuck in and be a team player for all business 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

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. 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.

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:

For more information please see

Employment Type

Full-Time

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