Job Description
Job Number:Underwriter IFL (78003730R1D20241016)
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Underwriter Financial Lines Joining AXA XL as an Underwriter IFL you will have the opportunity to work with a wide range of clients to provide an innovative and bespoke underwriting service.
In your underwriting role you will be part of the UW Financial Lines team, focusing on Management Liability products. You will be responsible for writing new and renewal business for an allocated range of clients across the book, working with brokers and clients in support of the profitable growth of a portfolio in line with the agreed Business Plan, as well as developing high quality levels of relationships with brokers, clients and internal functions.
This is a regulated role under the Central Bank of Ireland's Fitness and Probity regime.
What will your essential responsibilities include? Underwriting Financial Lines products with a specific focus on Management Liability: reviewing submissions including applications, policy wording, inspection reports, loss runs, and financial reports while conducting appropriate risk analysis (including financial analysis) to determine the degree of risk for each account, while ensuring profitability.Proactively advising, assisting, servicing and following up with brokers on insurance and risk management matters to ensure satisfaction and fulfillment of their insurance requirements.Developing relationships with stakeholders to ensure that business needs are achieved. Negotiating premiums, terms and conditions with brokers.Monitoring client portfolio performance; identifying strengths and weaknesses and seeking, identifying and developing opportunities for profitable business with new and existing customers.Developing effective relationship management to initiate opportunities for cross-selling offered products and ensuring account retention.Controlling timely implementation of new and renewed accounts according to quality standards.Supporting the business planning and forecasting process; monitoring financial exposure within outlined limits; monitoring premium income to ensure it remains within set limits.You will report to the Product Leader Underwriting Management Liability.
We're looking for someone who has these abilities and skills:
Proven experience of underwriting Financial Lines risks, ideally specialised in Management Liability products.Good industry knowledge and awareness of factors affecting this market and good knowledge of underwriting procedures.Able to communicate and work in English and Italian.Relationship Skills: manage relationship with other parties involved, understand stakeholders' needs and identify points of agreement.Selling and negotiation techniques: adapt to the customer's situation, needs and behavior. Explore different alternatives and influence the other parties to reach an agreement with win-win solutions.Analytical thinking: performing fact and data-based analyses of situations or issues. Make swift and efficient data-based decisions and keep the focus on goals over time.Teamwork: collaborate with colleagues of different seniority and expertise to achieve collective goals.Appreciate and propose new and creative ideas, taking practical considerations into account.Develop knowledge of market new trends and business transformation.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.
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. That's 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.
Location IT-IT-Lombardy
Work Locations: IT Milan Corso Como 17
Schedule: Full-time
Job Type: Standard
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.
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