Join AXA Commercial and be part of an award-winning team! As the 2024 Insurance Award’s Commercial Lines Insurer of the Year, we're proud to be industry recognised for our ongoing commitment to supporting our broker partners and customers. As part of our 2025 growth plans, we’re looking for a Senior Underwriter to join our Real Estate team in London.
As the senior underwriter you’ll deliver the branch financial results and hold accountability for broker and account level profitability. You’ll also increase the technical and trading capability of the underwriting team, whilst working within company and regulatory processes and frameworks.
What you’ll be doing:
- Deliver planned underwriting results for designated accounts through proactive account review.
- Analyse underwriting trends and improvement plans implemented to improve profitability.
- Underwrite new and existing business profitably, accurately, consistently and in line with established underwriting practices and governance framework, using the full range of appetite and tools available.
- Manage underwriting relationship with key brokers from designated accounts to maximise financial results and to generate pipeline new business opportunities.
- Be the referral point for underwriters, coaching them to make decisions within their empowerment and providing technical and trading input to improve the quality of underwriting decisions.
- Actively manage and review underwriting standards and licences within the team ensuring effective management and deployment of empowerment.
- Support the Trading Team Manager to effectively manage the service provided to brokers and input to the performance management of underwriters.
- Demonstrate contribution to loss ratio control by effectively implementing branch underwriting controls.
- Identify poorly performing accounts and investigate reasons for lack of retention. implement actions to increase retention.
What’s in it for you:
- We’ll equip you with the technical skills for tomorrow: It’s our job to support you in becoming an expert who has ownership over their work. We want you to be confident that you can make an impact by helping our customers. We ask ourselves what we can do today that will help us in the future. That’s why we offer continuous development to help our colleagues become experts in tomorrow.
- Build a career that’s as dynamic as the market you work in: We’re on a journey of transformation, so we’re investing in new technology that enables us to help our people and businesses thrive.
- Shape your career one decision at a time: We’ll support you to progress through the business and are committed to developing talent. We do this with training and tailored development plans.
At AXA we work smart, empowering our people to balance their time between home and the office in a way that works best for them, their team, and our customers. You'll work at least 60% of your week away from home, either at our office location in London, visiting clients or attending industry events.
Due to the number of applications we expect to receive for this role, we reserve the right to close this advert earlier than the listed closing date to ensure we’re able to effectively manage interest. Therefore, if you’re interested in joining us at AXA, please don’t hesitate to apply.
What you’ll bring:
- Keep an open mind: Keen to learn and challenge the status quo, able to approach tasks from different perspectives while focusing on helping colleagues and customers.
- Stay curious: You’ll be perceptive of what our customers and the market want, and bring that knowledge into your work, whilst making the most of AXA’s development opportunities.
- Be a team player: Able to use your unique skills and knowledge to collaborate with your colleagues, take accountability and discover new ways of doing things.
- Progress towards Dip CII qualification desirable.
- Excellent coaching and development skills.
- Strong trading capability – commercial awareness, negotiation skills, ability to build strong broker relationships.
- Pragmatic decision maker with good analytical and numerical reasoning skills.
- Strong level of technical underwriting expertise in a commercial insurance environment.
- Sound understanding of insurance market and processes across commercial lines insurance operations.
- Sound knowledge of legislative and regulatory requirements for insurance.
- Proven experience in decision making on a wide range of technical underwriting scenarios within a Commercial environment.
- Excellent risk assessment and risk management skills.
As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom.
This position has been defined as an Insurance Distribution Directive (IDD) role under the IDD regime which means that in addition to pre-employment screening checks, the successful candidate will be subject to background screening every 4 years with an annual declaration in interim years.
What we offer:
At AXA UK, we’re appreciative of the people who work for us and our rewards package is reviewed regularly to reflect that. You can expect to receive:
- Competitive annual salary
- Annual company & performance-based bonus
- Contributory pension scheme (up to 12% employer contributions)
- Life Assurance (up to 10 x annual salary)
- 25 days annual leave plus Bank Holidays
- Opportunity to buy up to 5 extra days leave or sell up to 3 days leave
- AXA employee discounts
- Gym benefits
To apply, click on the ‘apply for this job’ button, you’ll then need to log in or create a profile to submit your CV. We’re proud to be an Equal Opportunities Employer and don’t discriminate against employees or potential employees based on protected characteristics. If you have a long term condition or disability and require adjustments during the application or interview process, we’re proud to offer access to the AXA Accessibility Concierge. For our support, please send an email to mel.ainscough@axa-insurance.co.uk.
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Who we are:
AXA Commercial protects businesses, from multinationals to micro start-ups, giving them the confidence to thrive. We’re currently making our biggest ever investment to develop the expertise and skills we need to be the best. We’re a vibrant community where everyone is supported to learn, develop, and take ownership of their work.
