Senior Underwriter – Directors Officers’ (D&O Insurance

What you’ll be doing

As a Senior Underwriter of Directors’ & Officers’ insurance you will be seen as a market leading Underwriter in your field to internal peers, Brokers, and direct clients. You will be responsible for driving profitable growth of the book by providing best in class underwriting service to Clients and Brokers, and leading by example for junior team members to learn from.

You will work with an allocated range of clients within the portfolio to service their new business, renewal and policy endorsement needs, whilst maintaining a view across the wider book to ensure we are achieving the desired strategic goals for the book. You will also work with Claims and Actuarial counterparts to design innovative pricing and risk management solutions for clients, and work with Reinsurance counterparts to ensure the appropriate coverage is in place.

What will your essential responsibilities include?

• Reviewing submissions including applications, policy wording, inspection reports, loss runs, and financial reports while conducting appropriate research to determine degree of risk for each account.
• Calculating appropriate risk premium by considering the risk costs inherent to the sector, reinsurance cessions as well as the Underwriting and general administration costs while ensuring profitability.
• Proactively advising, assisting, servicing and following up with clients on insurance and risk management matters to ensure satisfaction and fulfilment of their insurance requirements.
• Effective relationship management to initiate opportunities for cross-selling offered products and ensuring account retention
• Reviewing loss control reports and managing policy endorsement requests to process any necessary changes to the policy
• 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.

You will report to the Senior Underwriter, D&O

We’re looking for someone who has these abilities and skills:

• Significant proven D&O Underwriting experience with demonstrable track record of writing a profitable portfolio within the line of business
• Demonstrate significant technical knowledge and experience of the industry and line of business
• Proven analytical, negotiation and sales skills
• Excellent customer service experience, including effective written and oral communication skills

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  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…