Class Underwriter - GPDA

AXA UK; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance group at Lloyd's is looking for a Class Underwriter for their Global Property Delegated Authorities account in London. You will be responsible for underwriting, strategic planning, and maintaining broker relationships. This role demands strong analytical skills and insurance knowledge, along with the ability to foster positive customer relationships. The company promotes a diverse and inclusive workplace, encouraging flexible working arrangements.

Qualifications

• Advanced skillset for Microsoft Office product suite is essential.
• 5 GCSEs in English and Maths are essential.
• Strong analytical skills with experience in insurance.

Responsibilities

• Underwrite in accordance with the Letter of Authority.
• Assist in executing Global Property Delegated Authorities strategy.
• Develop relationships with customers and ensure good outcomes.

Skills

Advanced skillset for Microsoft Office product suite

Comprehensive insurance experience with strong analytical skillset

Experience of negotiating with brokers and clients

Strong understanding of Actuarial rating process

Good grounding in the legal environment

Excellent communication skills

Excellent organisational skills

Flexibility

Very good interpersonal skills

Ability to work as part of a team

Education

5 GCSE’s English and Maths grade ‘C’ or above (or equivalent)

3 ‘A’ Level passes (or equivalent)

ACII

Job description

Class Underwriter – Global Property Delegated Authorities

Job Profile Summary

Underwriting of the Global Property Delegated Authorities account in London, as well as formulating strategy, business plans and forecasts with the Head of Global Property Delegated Authorities

Job Description

• Underwrite in accordance with the most current Letter of Authority issued to this jobholder.
• Assist in the execution of the agreed Global Property Delegated Authorities strategy and the associated planning and reporting.
• Work with Harry Woolf and the Team to further the development of both the USA and International portfolios of the Global Unit(s).
• Underwrite and maintain position in both lead and following market capacities.
• Ensure a full and comprehensive service is provided to brokers.
• Active involvement in the marketing of the business Unit(s) - seek out new business opportunities through liaison with brokers and clients.
• Attend monthly meetings (leading as required) and report on progress.
• Monitor figures, aggregates, claims and report accordingly. Carrying out regular analytical reviews to improve the performance of the account.
• Developing use of modelled data for pricing and exposure management.
• Travel as required.
• Work with the Reinsurance Purchasing Team on programme design and support them with the execution of agreed plans.
• Training and development of junior underwriting and modelling staff, including annual Appraisals and Career Path Development.
• Specific account analysis as required.
• Responsibility for the accuracy and upkeep of all written premium data on Charisma for all risks written within the area of responsibility
• Liaison with Claims, Pricing, Exposure Management, DA Oversight, Wordings and any other Chaucer Department as required.
• Any other ad hoc duties as may be required.

Regulatory Responsibilities

Comply with all policies and procedures and ensure that due regard is paid to providing good customer outcomes and the fair treatment of customers.

Manage the relationships with Customers, Agents and Service Providers:

• Advise, assist and service customers on insurance and risk matters to promote customers’ satisfaction.
• Foster positive relationships with Customers and attain an understanding of their needs.
• Ensure that Customer Complaints are promptly identified, recorded and referred as appropriate.
• Complete all required annual product review assessments to agreed timescales with approvals obtained and recorded
• Follow all Chaucer Group Product Governance processes in the UCM and obtain appropriate approvals
• Ensure that the principles of providing good customer outcomes and the fair treatment of customers are upheld by Agents and Service Providers.

Skills and Competencies

• Advanced skillset for Microsoft Office product suite
• Comprehensive insurance experience with strong analytical skillset
• Experience of negotiating with brokers and clients
• Strong understanding of Actuarial rating process
• Good grounding in the legal environment
• Flexible at all times
• Very good interpersonal skills
• Excellent organisational skills
• Excellent communication skills with the ability to liaise at all levels
• Work as part of a team
• Adapt to a pressured environment

Education

Essential

5 GCSE’s English and Maths grade ‘C’ or above (or equivalent)

3 ‘A’ Level passes (or equivalent)

ACII

ABOUT US

Chaucer is a leading insurance group at Lloyd’s, the world’s specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups.

Our headquarters are in London, and we have international offices in Bermuda, Copenhagen, Dubai and Singapore to be closer to our clients across the world. To learn more about us please visit our website.

Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation) as a result of the Equal Treatment Directive 2006 (EU legislation).

A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employment.

We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.