Underwriting Assistant

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 Fine Art & Specie 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 work streams 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 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 Operations Manager Specialty, Middle Office

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

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…