Underwriter Financial Lines (80 - 100%)
Are you ready to gain experience around underwriting financial lines insurance? Would you like to work in a fast growing, entrepreneurial practice? We have an exciting opportunity for an ambitious Underwriter or university graduate to join our financial lines team as an underwriter – if that could be you please get in contact.
We invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clients’ potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters.
DISCOVER your opportunity
What will your essential responsibilities include?
· Underwriting business within the agreed business plan and individual authority
· Building and maintaining relationships with brokers and clients
· Supporting the design and structure of risks.
· 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 financial lines 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
· Controlling timely implementation of new and renewed accounts according to quality standards
· Supporting the business planning and forecasting process; monitoring financial exposure within outlined limits; monitoring premium income to ensure it remains within set limits
· Maintain awareness of all claims advised while supporting and providing input on settlement of claims
· Actively promoting the AXA XL financial lines brand within the Swiss market
· Working collaboratively in a team environment, assisting underwriters, underwriting assistants, and management team
You will report to the Head of Professional and Financial Lines, Switzerland.
SHARE your talent
We’re looking for someone who has these abilities and skills:
· Initial experience in Directors’ and Officers’ Liability, Professional Liability, Crime, Cyber, Technology PI or Technology E&O is beneficial
· Ability to work under technical direction within limits and authority on assignments of technical complexity and coordination
· Advanced level of numeracy, solid negotiation and sales/marketing skills
· Excellent written and oral communication skills
· Fluency in German and English
· Interpersonal savvy - ability to build and maintain strong insured and broker contacts
· Ability to develop and understand business processes, strategy and planning
· Collaborative team player who provides creative solutions and ideas for resolution
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.
Learn more at axaxl.com
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 Arrangements
- Enhanced family friendly leave benefits
- Named to the Diversity Best Practices Index
- Signatory to the UK Women in Finance Charter
Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.
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 sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
Our Pillars:
- Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
- Addressing climate change: The effects of a changing climate are far reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
- Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
- AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.
For more information, please see axaxl.com/sustainability
