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AXA UK

Underwriter II, Large Commercial Excess Casualty, Bermuda

Hamilton, BermudaPosted 1 months ago
Full-timehybrid

Job Description

As an Underwriter within our Excess Casualty insurance team you will deliver a profitable underwriting service to clients Key tasks include: underwriting business within the agreed business plan and individual authority; 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; ensuring adequate reinsurance acquired to cover specific risks; building and maintaining relationships with brokers and clients; supporting the design and structure of risks

What you’ll be doing What will your essential

include

Review complex submissions including applications, policy wording, inspection reports, loss runs and financial reports

Proactively advise, assist, service and follow up with clients on insurance and risk management matters

Support the business planning and forecasting process; monitor financial exposure within outlined limits; monitor premium income to ensure it remains within set limits

Analysis and quantification of casualty risk exposures

Determine premium rates for individual accounts using analytical tools and insights while ensuring profitability

Negotiate with brokers on premiums, terms and conditions

Chair client-underwriting meetings with prospective clients and existing insureds in order to qualify inherent risks and exposures to the Company’s policies

Provide support to Senior Underwriters on selected accounts

Identify opportunities for portfolio growth through cross sell and upsell strategies

Work in conjunction with other team members to aggressively solicit new business and increase market penetration through the development of successful relationships with key brokers

Represent the Company at various industry conferences as required

Work collaboratively, assisting underwriters, underwriting assistants and management team

Complete ad hoc projects as required

What you’ll bring We’re looking for someone who has these abilities and skills: Some insurance experience

Casualty Insurance experience preferred

Bachelor’s degree (or equivalent)

Experience with industry accepted policy forms, occurrence-reported, claims-made and occurrence

Robust interpersonal skills and the ability to communicate effectively

Possess demonstrated technical knowledge and skills including product & industry

Possess analytical and problem solving skills as well as sales and marketing abilities

Possess customer service and negotiation skills

Organizational, time-management and multi-tasking skills combined with a Robust work ethic

Ability to work self-directed

Ability to respond to a changing environment with flexibility and innovation

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 What we offer Inclusion 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 enables business growth and is critical to our success

That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and 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

Named to the Diversity Best Practices Index Signatory to the UK Women in Finance Charter Learn more at Inclusion & Diversity at AXA XL | AXA XL

AXA XL is an

Employer

Total Rewards AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security

It provides competitive

and personalized, inclusive

that evolve as you do

We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence

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 Sustainability at AXA XL.

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Underwriter II, Large Commercial Excess Casualty, Bermuda at AXA UK | Renata