Financial Lines Underwriter
hace 1 día
About the Role
As a Financial Lines Underwriter with AXA XL, you will have the opportunity to work with a diverse range of clients to provide innovative and bespoke underwriting services. Each risk considered is unique, resulting in our clients and brokers enjoying a best practice, market-leading experience working with us.
In this underwriting role, you will be responsible for writing new and renewal business for an allocated portfolio of clients across the book, collaborating with brokers and clients in support of profitable growth aligned with the agreed Business Plan. You will also develop high-quality relationships with brokers, clients, and internal functions, ensuring satisfaction and fulfillment of insurance requirements.
This is a regulated role under the Central Bank of Ireland's Fitness and Probity regime. To succeed in this position, you will possess the ability to review submissions, including applications, policy wording, inspection reports, loss runs, and financial reports, while conducting research to determine the degree of risk for each account.
You will calculate appropriate risk premiums by considering sector-specific risks, reinsurance cessions, underwriting costs, and general administration expenses to ensure profitability. Your responsibilities will also include proactively advising, assisting, servicing, and following up with clients on insurance and risk management matters, as well as controlling timely implementation of new and renewed accounts according to quality standards.
The successful candidate will report to the Underwriting Manager FL & Cyber, Iberia. We are seeking someone with proven experience in underwriting, ideally with a track record of profitable underwriting in Financial Lines business. Key skills include good industry knowledge, awareness of market trends, effective communication and negotiation skills, analytical thinking, and data-based decision-making.
We estimate that the annual salary for this role is approximately €65,000 - €85,000 based on the job description and location. However, please note that salaries may vary depending on individual qualifications and experience.
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