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About the Role
As an Assistant Underwriter, you will support regional Underwriters in all tasks related to underwriting and administration. You will work closely with Underwriters on renewals, account maintenance, and models/systems, while assisting with data quality assurance and best practice development in Business Services. Your communication and relationship-building skills will be utilized as you collaborate with underwriters, clients, and internal departments.
Responsibilities
- Underwriting under guidance, preparing cases for pricing and modeling.
- Liaising with Actuaries to deliver technical pricing to Underwriters.
- Using modeling systems to aid the underwriting process.
- Conducting research as requested by Underwriters.
- Operating within defined authority levels, which will be periodically reviewed.
- Conducting pre-underwriting for renewals.
- Handling endorsements on active business.
- Conducting specific analyses for new business.
- Following up on renewals.
- Entering information into underwriting systems.
- Developing an internal network for information and data transfer between functions and departments.
- Assisting the business group in maintaining and developing their book of business.
- Developing necessary skill sets and defined authority to accept risk in underwriting of a profitable account.
- Understanding the strategy and financial targets of AXA XL Commercial Bond and the business unit.
- Meeting individual targets and goals that support the business plan.
- Attending internal and external meetings with clients and brokers.
Requirements
- Some experience.
- A personal drive for excellence, a track record of exceeding expectations, and a flair for innovation.
- Ability to perform tasks according to established procedures, with some ability to exercise discretion.
- Uses judgment to identify and solve day-to-day problems in straightforward situations.
- Robust analytical skills with the ability to think quickly and innovatively, working in a disciplined manner.
- Confident and comfortable taking personal responsibility for work, while also being an outstanding team player.
- Ability to adapt quickly and easily to new conditions and requirements.
- Good interpersonal skills and an interest in business development.
Skills
- Communication skills
- Relationship building skills
- Analytical skills
- Interpersonal skills
Experience Level
- Some experience
Education Level
- Bachelor’s degree (or equivalent)
- Relevant professional designations or progressing towards them (e.g., AFSB)
- Undertake professional studies where not already held
Salary/Compensations
- CAD 80,000-105,000
Benefits
- Enterprising retirement savings plan
- Health and wellness programs
- Wide range of learning opportunities
- Flexible Working Arrangements
- Enhanced family-friendly leave benefits
About the Company
- AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks.
- We combine 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.
- Sustainability is integral to our business strategy.
- AXA XL protects what matters most for our clients and communities.
- Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
- AXA Hearts in Action: Volunteering and charitable giving programs.
- The 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.
- We provide enterprising compensation and personalized, inclusive benefits that evolve as you do.
- We are committed to rewarding your contribution for the long term.
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 enables business growth and is critical to our success.
- 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.
- AXA XL is an Equal Opportunity Employer.