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Underwriting Assistant

London, United KingdomPosted 1 weeks ago
Full-timehybrid

Job Description

Underwriting Assistant London UK At AXA XL we solve today’s complex risks to drive tomorrow’s innovation

We see our careers with AXA XL as a chance to unleash our potential globally

Cultivate expertise

Collaborate constantly

Analyse deeper

Dream bigger

Joining AXA XL as an Underwriting Assistant is a great foundation step to launch your career within insurance

Whether you have some basic Insurance experience and are ready to take the next step up, want to change your direction within Insurance or are looking for your first step on the ladder we have plenty of support available to help you take that next step

Starting your career can be a daunting adventure, at AXA XL we have industry experts and a market leading Underwriting Academy to support you on that learning journey

The Middle Office Operations team are responsible for ensuring that operational tasks undertaken by Shared Services / Global Operations are managed appropriately, provide support to Underwriting and ensure that the administrative processes for the end-to-end policy lifecycle are run efficiently and at a high quality to serve internal and external clients

Within this role you will primarily be responsible for supporting the Life, Accident & Health Underwriting business unit

The teams support the design and delivery of strategic change initiatives affecting the Underwriting business

Example projects include the operational design strategy for Brexit, the design and execution of an offshore service centre move between countries and supporting the data and system workstreams for a new legal entity creation

You will be based in our refurbished London office, however, we are excited to have implemented our Smart Working initiative offering a hybrid way of working, combining both remote and office working

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

Assisting Underwriters in recording risk details on source systems; building broker relationships as required; developing knowledge of the class of business and the accounts written; retrieving data for Underwriters as requested, accurately and on time Liaise with underwriters to ensure correct interpretation of data for accuracy and completeness Maintain underwriting documentation/files; keeping all documentation in order Liaise with the Credit Control team - answering queries, tracking and monitoring premium using core underwriting systems

Work with and build relationships with underwriting support functions to respond to regular control and exception reports, including data entry and ensure adherence to common standards across the business Work with underwriting team to develop requirements for statistical and insightful reports for Underwriting function Monitor renewal lists and co-ordinate as required Support delegated underwriting renewal process alongside underwriters, pricing, claims and governance Work closely with shared services to ensure accurate and timely service to our Underwriters and Clients Other ad-hoc duties and projects You will report to the Team Leader, Middle Office What you’ll bring We’re looking for someone who has these abilities and skills: Required Skills and Abilities: Computer literate – experience using Microsoft Outlook, Word, PowerPoint, Teams would be advantageous System data entry experience and processes Effective communicator Desired Skills and Abilities: Minimum A-level standard of education or equivalent business experience Proficient use of Microsoft Excel with the ability to use VLookups/Pivots/formulae on a daily basis without guidance Rational approach to complex data Possess excellent analytical and problem solving skills Accurate and exceptional attention to detail Excellent proactive organisation skills and ability to plan and prioritise work, using their own initiative and keeping one step ahead Previous experience in Life, Accident & Health Line of Business 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

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

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