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Underwriting Assistant – Financial Lines

Chelmsford, UK

Angel Risk Management specialises in underwriting products for the small to medium-sized sector on behalf of AXA XL – the global insurer that combines financial security with a nimble and empowered approach.

The majority of Angel online business is underwritten either via the Angel Underwriting bespoke system from the Angel Chelmsford office or the Angel online quick quote system.

A typical Angel broker would usually be a smaller and predominately regionally focused broker, often independently owned.

AXA XL provides property, casualty, professional and specialty products to industrial, commercial and professional businesses, insurers and enterprises through the world.

What will your essential responsibilities include:

Provide admin support to Assistant Underwriters and Underwriters while developing the necessary skill sets required to obtain underwriting authority. Work towards achieving the necessary qualifications to underwrite a profitable account. Tasks include: accurate and timely data entry and processing; information management, monitoring and assisting in chasing premiums; producing data for monthly reporting; using modelling systems to assist underwriting process, contribute to Innovation, development of efficient systems and company culture. This is a Underwriting Assistant role like no other as we would be looking for you to support the Assistant Underwriters and Underwriters with Underwriting tasks within 6 months of joining.

DISCOVER your opportunity

What will your essential responsibilities include?

• Learn how to analyse and price risks.

• Understand how an underwriter comes to the decision on whether to accept or decline a risk.

• Learn how to read and understand insurance policies.

• Work alongside class underwriters to develop technical skills and improve ability to price risks.

• Work alongside brokers to gain a better understanding of the risk being presented.

• Handling mid-term adjustments on active business

You will report to the Underwriting Manager

SHARE your talent

We’re looking for someone who has these abilities and skills:

• Education, to a minimum A-level standard or equivalent

• Ability to achieve goals that are set within the Company and produce good quality results when under pressure

• Excellent communication and confidence to liaise with external & internal parties

• Highly organised with the ability to prioritise in order to meet various deadlines and keeping on track of the workloads.

• Good standard of numeracy, sound knowledge of Microsoft Excel, Microsoft Word and Microsoft PowerPoint

• React to change proactively

• Be able to work effectively in a team environment and exhibit the flexibility necessary in an evolving organisation

• Motivation to work towards insurance qualifications

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 REPLACEMENT_STRING26 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