Underwriter I – Wholesale Casualty, UK & Ireland

TN United Kingdom; London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking an Underwriter I for Wholesale Casualty in London. This role involves assessing risks, calculating premiums, and managing client relationships in the dynamic insurance market. The ideal candidate will have proven underwriting experience, excellent customer service skills, and a strong understanding of the Lloyd's market. Join a team known for its expertise and commitment to innovative risk solutions, where your contributions will help shape the future of insurance. If you are passionate about the insurance industry and want to make a significant impact, this is the opportunity for you.

Qualifications

• Proven underwriting experience in Wholesale Casualty.
• Demonstrated progression through UA and AU roles.
• Knowledge of handling Binder & MGA business.

Responsibilities

• Review submissions and conduct risk assessments.
• Calculate risk premiums and ensure profitability.
• Manage client relationships and service insurance needs.

Skills

Underwriting experience

Customer service skills

Analytical skills

Negotiation skills

Sales skills

Knowledge of Lloyd's market

Job description

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Underwriter I – Wholesale Casualty, UK & Ireland, London

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Client:

AXA Group

Location:

London, United Kingdom

Job Category: Work abroad Other

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EU work permit required:

Yes

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Job Reference:

f6e85e273917

Job Views:

4

Posted:

02.05.2025

Expiry Date:

16.06.2025

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Job Description:

Underwriter I – Wholesale Casualty, UK & Ireland

London, UK

The UK & Ireland Wholesale Casualty is a team of 6 experienced London Market Underwriters with a reputation as a market of choice in the UK&I wholesale space. The portfolio consists of Employer’s Liability, Public / Products / Pollution Liability and Contractors’ All Risks / mobile plant and equipment. Appetite is broad and includes contractors, construction, general engineering and manufacturing, life science and products liability driven business written across both Lloyds & Company platforms. Our expertise encompasses Delegated Authority, Facility & Open Market business.

DISCOVER your opportunity

What will your essential responsibilities include?

·Reviewing submissions including applications, policy wording, inspection reports, loss runs, and financial reports while conducting appropriate research to determine degree of risk for each account.

·Calculating appropriate risk premium by considering the risk costs inherent to the International Wholesale Liability sector, reinsurance cessions as well as the Underwriting and general administration costs while ensuring profitability.

·Proactively advising, assisting, servicing, and following up with 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.

·Controlling timely implementation of new and renewed accounts according to quality standards.

·In coordination with other internal teams, determining appropriate reinsurance for risk placements both on excess of loss and quota share basis.

·Reviewing loss control reports and managing policy endorsement requests to process any necessary changes to the policy.

·Supporting the business planning and forecasting process; monitoring financial exposure within outlined limits; monitoring premium income to ensure it remains within set limits.

·Maintaining awareness of all claims advised while supporting and providing input on settlement of claims

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

·Proven underwriting experience in Wholesale Casualty, possessing functional knowledge and skills reflective of a fully competent practitioner.

·Demonstrated progression through the UA and AU roles

·Preferably direct and active experience of working in the Lloyd’s market including knowledge of handling Binder & MGA business

·Good industry knowledge and awareness of factors affecting this market

·Excellent customer service skills, including written and verbal communication skills

·Demonstrable analytical, negotiation and sales skills

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.

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Created on 02/05/2025 by TN United Kingdom