Senior Underwriter - Downstream Energy at AXA | GB | Rezi

Senior Underwriter - Downstream Energy at AXA

Senior Underwriter - Downstream Energy

AXA · GB

1 weeks ago

Senior Underwriter - Downstream Energy

AXA · GB

9 days ago
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About the Role

This opportunity is targeted towards a Senior Underwriter with depth of industry knowledge to ensure objectives of growth and performance are aligned to the wider energy portfolio; executing on client and industry strategy as a long-term risk partner.

Responsibilities

  • Underwrite, manage and service a renewal book and produce new business in accordance with Energy business unit goals.
  • Develop and manage underwriting strategies for both renewals and targets within your portfolio of accounts, including knowledge of the current penetration by product, cross marketing penetration and specific plans to increase company share.
  • Exercise discretion and independent judgment in the analysis and evaluation of risk.
  • Participate in roundtable discussions on risk assessment and provide mentorship and leadership to peers.
  • Negotiate with producers within the limits of delegated authority and in accordance with established underwriting standards to achieve profit objectives.
  • Build and enhance relationships with brokers and clients and identify and establish new distribution relationships.
  • Maintain expertise with the products, services, priorities and target markets to more effectively enable clients to uncover hidden risks.
  • Promote the company's expertise by participating in industry conferences and events while regularly conducting and taking leadership roles in client and broker meetings to educate on risk.
  • Maintain compliance with all internal and external underwriting guidelines and legal requirements.
  • 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.
  • Identify and drive new product development opportunities.
  • Effectively cross-market with other AXA XL lines; meet with brokers and insureds as required.
  • Cultivate key broker relationships in the region to maintain a steady stream of business within our underwriting appetite.
  • Work at the highest authority limits on assignments reflecting the expert degree of technical complexity and coordination.
  • Possess an expert level of technical knowledge and skills including product and industry.
  • Provide guidance and assistance to lower level underwriters and associates and other functional areas.

Requirements

  • Possess a high and extensive level of technical knowledge and skills including product & industry across Energy Downstream.
  • Able to apply business understanding and/or management experience to set direction within the segment or function.
  • Possess excellent analytical and problem solving skills as well as sales and marketing abilities.
  • Ability to develop and understand business processes, strategy and planning.
  • Knowledge of functionality of systems.
  • Excellent customer service and negotiation skills with a proven track record in development of successful business relationships with brokers and insureds.

Skills

  • Underwriting
  • Risk analysis
  • Client relationship management
  • Broker relationship management
  • Negotiation
  • Sales and marketing
  • Analytical skills
  • Problem-solving
  • Business process development
  • Strategy and planning
  • Customer service

Location

  • London, UK

Work Type

  • Full-time

Experience Level

  • Senior
  • Expert

Education Level

  • Bachelor's degree (or equivalent)

Benefits

  • Robust support for Flexible Working Arrangements
  • Enhanced family-friendly leave benefits
  • Competitive compensation
  • Personalized, inclusive benefits that evolve as you do

About the Company

  • 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.
  • 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.

Equal Opportunity

  • 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.
  • AXA XL is an Equal Opportunity Employer.