Underwriter, Financial Lines - Sydney, Australia - AXA XL

AXA XL

Verified Company

Sydney, Australia

1 week ago

Posted by:

Olivia Brown

beBee Recruiter

Description

Underwriter, Financial Lines

Underwriter, Financial Lines
Sydney, NSW

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

AXA XL is looking for an experienced Underwriter to join our Financial Lines team focusing on our range of Management Liability and Financial Institutions insurance products.

Delivering a profitable 'Underwriting' service to your clients

Key tasks include:

underwriting business within the agreed business plan and individual authority; supporting the business reporting, planning and forecasting process; monitoring premium income and insured exposure; maintaining awareness of all claims advised while supporting and providing input on settlement of claims; building and maintaining relationships with brokers and clients; supporting the design and structure of risks.

DISCOVER your opportunity
What will your essential responsibilities include?

Calculating appropriate risk premium and determining appropriate policy terms and conditions in accordance with designated underwriting tools, rules and guidelines.
Proactively advising, assisting, servicing and following up with broker and/ or clients on insurance and risk management matters to ensure satisfaction and fulfillment of their insurance requirements.
Effective relationship management to initiate opportunities for crossselling offered products and ensuring account retention.
Monitor underwriting and financial metrics for your portfolio to ensure contribution to business unit profitability.
Support the business reporting, planning and forecasting processes.
Maintain awareness of all claims advised while supporting and providing input on settlement of claims as appropriate.
Working collaboratively in a team environment, assisting underwriters, underwriting assistants, claims colleagues and management team.

You will report to the designated Senior Underwriter.

SHARE your talent

SHARE your talent
We're looking for someone who has these abilities and skills:

Bachelor's Degree preferred and a minimum three year's underwriting experience in the relevant classes of business.
Perform tasks according to established procedures, with ability to exercise discretion.
Use judgment to identify and solve day to day problems in straightforward situations.

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.

Analytical Skills

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

Interpersonal Savvy

Build excellent interpersonal relationships with brokers, clients & colleagues with the intention of improving personal profile and reputation within AXA XL and the broader market.

Strategy and Planning

Make underwriting decisions to fulfill business strategic plan and deliver results. Has knowledge of financial targets and levers in order to deliver on departmental business plan.

Industry Knowledge

Understanding of the insurance industry and specific product portfolios to positively impact the underwriting business by improving personal technical & functional knowledge.

FIND your future
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.

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.

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.

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 Arrangement