Senior Underwriter, Crisis Management & Special Risks

Senior Underwriter, Crisis Management & Special Risks Singapore, Hybrid Act as the technical expert of Terrorism, war and political violence insurance and other Crisis Management product offerings for the line of business and for Asia region

Responsible for working within authority limits on assignments reflecting the expert degree of technical complexity and coordination under broad management direction

Key responsibilities will involve underwriting business in line with the business plan; assisting the planning and forecasting process; monitoring aggregate exposure within agreed limits; monitoring premium income to ensure it remains within agreed limits; maintaining awareness of all claims advised; supporting and providing input on settlement of claims advised; building and maintaining relationships with brokers and clients; supporting the design and structure of risks; identifying and driving new product development opportunities

This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime

What you’ll be DOING What will your essential responsibilities include

Underwrite, manage and service a renewal WTPV book and produce new business in accordance with business unit goals

Develop and manage underwriting strategies for both renewals and targets within your portfolio of accounts, including knowledge of the current penetration by product, cross marketing penetration and specific plans to increase company share

Following global product line Rules and Guidance, along with Best Practices and individual Statement of Authorities document

Calculating appropriate risk premium and proposing terms and conditions by considering the risk costs inherent to the relevant sector, reinsurance cessions as well as the Underwriting and general administration costs while ensuring profitability

Develop portfolio view and understanding of the book, and execute different strategy and approach based on product line segmentation analysis

Negotiate with producers within the limits of delegated authority and in accordance with established underwriting standards to achieve profit objectives

Build and enhance relationships with brokers and clients and identify and establish new distribution relationships

Maintain expertise with the products, services, priorities and target markets to more effectively enable clients to uncover hidden risks

Promote the company's expertise by participating in industry conferences and events while regularly conducting and taking leadership roles in client and broker meetings to educate on risk

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

Maintain awareness of all claims advised while supporting and providing input on settlement of claims

Identify and drive CMSR new product development opportunities

Effectively cross-market with other AXA XL lines; meet with brokers and insureds as required

Cultivate key broker relationships in the region to maintain a steady stream of business within our underwriting appetite

You will report to the Underwriting Manager CMSR, Asia What you will BRING We’re looking for someone who has these abilities and skills: Bachelor’s degree preferred with equivalent experience , policy development and broker management

Possess a high and extensive level of technical knowledge and skills including product & industry

Ability to work independently

Effective sense and understanding geopolitical topics in the world and region, with independent judgement and information seeking approach

Ability to respond to a changing environment with flexibility and innovation

Marketing - Effectively plan for sales and business development

Integrating the use of various techniques, tools, and information to support profitable business growth over a defined period

Negotiation/Sales - Plan, structure and conduct negotiations with brokers and/or clients to reach outcomes that gain the support and acceptance of all parties

Interpersonal Savvy - Build interpersonal relationships with brokers, clients & colleagues with the intention of im-proving personal profile and reputation within AXA XL and the broader market. “Can Do” mindset, solution driven approach

Industry Knowledge - Understanding of the insurance industry and specific product portfolios to positively impact the underwriting business

Strategy/Planning - Make underwriting decisions to fulfill the business strategic plan and deliver results

Has knowledge of the financial targets and levers in order to deliver on departmental business plan

Analytical Skills - Visualize, gather information, articulate, analyze and solve complex problems in order to make key business decisions

Who WE are 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 benefits Named to the Diversity Best Practices Index Signatory to the UK Women in Finance Charter Learn more at axaxl.com/about-us/inclusion-and-diversity

AXA XL is an Equal Opportunity 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 compensation and personalized, inclusive benefits 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 axaxl.com/sustainability.