Underwriting Assistant – Financial Lines (Directors & Officers/ Professional Indemnity Insurance) Chelmsford, England
Job description
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.
DISCOVER your opportunity
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 modeling systems to assist underwriting process, contribute to Innovation, development of efficient systems and company culture.
- 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 underwriter 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 equivelent.
- Ability to achieve goals that are set within the Company and produce good quality results when under pressure.
- Strong 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
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.
Our enterprise I&D mission is to become the most inspiring company to work for. We’ll achieving this through our three areas of focus:
- Drive an Inclusive Culture—create a global workplace that works for everyone, with a culture that values all individuals, backgrounds and ideas, and where every colleague feels safe, valued and respected.
- Diversify Our Workforce—increase the representation of women in leadership, achieving 50% by 2023, and focus on underrepresented populations by region, positioning AXA XL as an employer of choice for all talent.
- Support Our Marketplace & Communities—support our communities and visibly and thoughtfully champion equity around the globe.
Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.
Corporate Responsibility
At AXA XL our approach to corporate responsibility (CR) is the same as our approach to business; constantly seeking to provide innovative solutions to the world’s most complex problems. From offering our expertise, products and services to help build more resilient communities, to advancing understanding and response to climate change, our strategy – Our Impact. Our Future. – aligns key issues that are pertinent to our business – climate, water and financial resilience - and contributes to AXA Group’s purpose to “Act for human progress by protecting what matters.”.
- Climate: We’re reducing our carbon footprint, protecting ecosystems and exploring how our business can help build a better world.
- Water: We’re developing water resilience where it is — and will be — needed most.
- Financial resilience: We’re helping create opportunities for the unemployed and underemployed, so they can be better prepared for unexpected changes.
- Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as our “Hearts in Action” programs.
For more information, please see the Corporate Responsibility section on our website
