Underwriter – Specialty Reinsurance

AXA
AXA
HAMILTON, BermudaOn-siteCompetitiveAdded 4 days ago
AXA

Underwriter – Specialty Reinsurance

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We invent the new to help the world move forward. Leveraging strategic analytics and deep insights, we develop big ideas and innovative solutions that maximize our clients' potential, thereby fulfilling our own. Come be a part of our inspiring team and help create the future. Learn more at axaxl.com As an Underwriter, you will be an integral part of the underwriting team and be responsible for supporting the underwriting and the associated financial management of the Lloyd's Whole Account business as well as the Marine & Energy Reinsurance portfolio. The role requires a dynamic and energetic individual with outstanding analytical and interpersonal skills. This position requires the ability to work self-directed and be self-motivated with flexibility to work overtime and travel as needed. You will utilize your outstanding communication and relationship building skills as you work closely with the underwriters in Bermuda and the Marine & Energy team based in London, multiple clients and various functions and departments within the wider company. What you'll be doing What will your essential responsibilities include? Support the underwriting strategy and department processes, including analysis and quantification of risk exposures, coverage and contract language Assist in the negotiation of pricing, contract terms and conditions Attend client / broker underwriting meetings and develop professional relationships accordingly Perform portfolio management, data analysis and other quantitative exercises as prescribed Assist with the development of core applications and operations of the department Produce and present underwriting reports and support with business planning initiatives and claims analysis as prescribed Assume complex compliance controls as required with particular emphasis on Quarterly Monitoring for the Lloyd's FAL portfolio and Reinsurance to Close process Provide timely and accurate assistance with the maintenance of electronic underwriting files and contract documentation Provide proactive and complete servicing of underwriting documentation with the ability to meet established service standard targets Produce and manage accurate Underwriting Committee Minutes Other duties, including but not limited to research and project work, as may be assigned You will report to the Head of Specialty, Reinsurance. What you'll bring We're looking for someone who has these abilities and skills: 3 - 5 years' experience in reinsurance Bachelor's degree or other professional designation Must have solid working knowledge of Microsoft Office applications: MS Outlook, MS Word, and Excel Proven working knowledge of reinsurance contracts and associated market practice Good working knowledge of operating systems, external rating and exposure models (RMS, AIR), database packages and multiple vendor software would be an advantage Proactive mind-set and able to work self-directed, demonstrating outstanding prioritization and time management skills and delivering against tight deadlines with a 'can do attitude' Possess outstanding interpersonal skills, both with colleagues and customer orientation Ability to work self-supported. Must be willing to travel (particularly to the UK) Who we are 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 What we offer Inclusion 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. 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 Inclusion & Diversity at AXA XL | AXA XL. AXA XL is an Equal Opportunity Employer. Total Rewards AXA XL's 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. It provides competitive compensation and personalized, inclusive benefits that evolve as you do. We're committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence. 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 Sustainability at AXA XL.

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