Underwriter, Financial Lines

3 days ago


Sydney, Australia AXA XL Full time

_This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime._

AXA XL is looking for an experienced Underwriter to join our International Financial Lines team focusing on our range of Management Liability and Professional Indemnity insurance products.

Delivering a profitable ‘Underwriting’ service to your clients. Key tasks include: underwriting business within the agreed business plan and individual authority; supporting the business reporting, planning and forecasting process; monitoring premium income and insured exposure ; maintaining awareness of all claims advised while supporting and providing input on settlement of claims; building and maintaining relationships with brokers and clients; supporting the design and structure of risks.

**DISCOVER your opportunity**

What will your essential responsibilities include?
- Calculating appropriate risk premium and determining appropriate policy terms and conditions in accordance with designated underwriting tools, rules and guidelines.
- Proactively advising, assisting, servicing and following up with broker and/ or clients on insurance and risk management matters to ensure satisfaction and fulfillment of their insurance requirements.
- Effective relationship management to initiate opportunities for cross-selling offered products and ensuring account retention.
- Monitor underwriting and financial metrics for your portfolio to ensure contribution to business unit profitability.
- Support the business reporting, planning and forecasting processes.
- Maintain awareness of all claims advised while supporting and providing input on settlement of claims as appropriate.
- Working collaboratively in a team environment, assisting underwriters, underwriting assistants, claims colleagues and management team.

You will report to the designated Underwriting Manager.

**SHARE your talent**

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

- Bachelor’s Degree preferred and proven underwriting experience in the relevant classes of business.
- Perform tasks according to established procedures, with ability to exercise discretion.
- Use judgment to identify and solve day to day problems in straightforward situations.
- Marketing - Effectively plan for sales and business development. Integrating the use of various techniques, tools, and information to support profitable business growth over a defined period.
- Negotiation/Sales - Plan, structure and conduct negotiations with brokers and/or clients to reach outcomes that gain the support and acceptance of all parties.
- Analytical Skills - Visualize, gather information, articulate, analyze and solve complex problems in order to make key business decisions.
- Interpersonal Savvy - Build excellent interpersonal relationships with brokers, clients & colleagues with the intention of improving personal profile and reputation within AXA XL and the broader market.
- Strategy and Planning - Make underwriting decisions to fulfill business strategic plan and deliver results. Has knowledge of financial targets and levers in order to deliver on departmental business plan.
- Industry Knowledge - Understanding of the insurance industry and specific product portfolios to positively impact the underwriting business by improving personal technical & functional knowledge.

**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.

**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 Prac


  • Underwriting Manger

    1 week ago


    Sydney, Australia Kennedy Reid Full time

    Passion for leveraging technology to transform the insurance industry - Build a team of underwriters to help develop the business - Work with the Chief Underwriting Officer to optimise outcomes for stakeholders **Underwriting Manager - Financial Lines** **Summary** **Duties** Reporting to the Chief Underwriting Officer, you will have full Profit & Loss...


  • Sydney, Australia AIG Full time

    Who we are American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse...


  • Sydney, Australia Chubb Full time

    **Your Role** The primary purpose of this role is to assist in the development and accomplishment of goals established for profit, growth, service and producer relations for all classes of business. **Your Responsibilities**: - Underwriting Process / Analysis _ - Follows established guidelines and within the scope of delegated authority, determines...


  • Sydney, Australia Chubb Full time

    **Your Role** The primary purpose of this role is to assist in the development and accomplishment of goals established for profit, growth, service and producer relations for all classes of business. **Your Responsibilities**: - Achievement of the Personal Premium Budget- Underwriting Process / Analysis _ - Follows established guidelines and within the...


  • Sydney, Australia Benefact Group Full time

    **Working hours**:37.5 hours per week, Monday to Friday **Duration**:Permanent **Location**:Sydney, Melbourne or Brisbane **Job ref**:REQ203915 **Are you searching for a role where your specialist Financial Lines knowledge can help shape the underwriting strategy of a purpose-driven insurer?**: **Do you excel at providing technical leadership and have...


  • Sydney, Australia Chubb Full time

    **Your Role**: The primary purpose of this role is to assist in the development and accomplishment of goals established for profit, growth, service and producer relations for all classes of business, while also contributing as a technical underwriter with respect to Financial Lines products. This role extends to fostering relationships with customers and...


  • Sydney, Australia Combined Insurance Full time

    **Your Role**: The primary purpose of this role is to assist in the development and accomplishment of goals established for profit, growth, service and producer relations for all classes of business, while also contributing as a technical underwriter with respect to Financial Lines products. This role extends to fostering relationships with customers and...


  • Council of the City of Sydney, Australia QBE Insurance Group Full time

    # # **Primary Details**Time Type: Full timeWorker Type: Employee**The opportunity**This is an excellent opportunity for individuals with strong expertise in financial lines and leadership skills, backed by proven experience in the insurance industry. The ideal candidate will have a deep understanding of market nuances, regulations, strategic development,...


  • Sydney, New South Wales, Australia Allied World Full time $60,000 - $120,000 per year

    Take the next step in your career with us.Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to...

  • Underwriter

    2 weeks ago


    Sydney, New South Wales, Australia Tokio Marine Full time $90,000 - $120,000 per year

    About Us:Tokio Marine Group is one of the largest global insurance companies with businesses in 38 countries and regions worldwide.Tokio Marine Management Australasia (TMMA) has grown from its beginnings in Australasia over 50 years ago as a niche Japanese commercial insurer into a diversified operation offering a strong mix of commercial and personal lines....