Underwriter, Regional Retail P&C

TN United Kingdom; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

An established industry player is seeking an Underwriter II for their Regional Retail P&C division in London. This role involves delivering profitable underwriting services, reviewing submissions, and managing client relationships. The ideal candidate will have proven experience in UK Property or Casualty underwriting, strong analytical and negotiation skills, and the ability to work collaboratively within a team. Join a forward-thinking organization that values innovation and offers a dynamic work environment where your expertise can make a significant impact.

Qualifications

• Proven experience in UK Property or Casualty Underwriting.
• Advanced analytical, negotiation, and communication skills.

Responsibilities

• Review submissions and calculate appropriate risk premiums.
• Advise clients on insurance and risk management matters.
• Manage relationships and ensure account retention.

Skills

UK Property Underwriting

Casualty Underwriting

Analytical Skills

Negotiation Skills

Sales/Marketing Skills

Communication Skills

Interpersonal Skills

Team Collaboration

Job description

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Underwriter, Regional Retail P&C, London

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Client:

AXA Group

Location:

London, United Kingdom

Job Category:

Retail

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EU work permit required:

Yes

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Job Reference:

4b45a40498cf

Job Views:

4

Posted:

02.05.2025

Expiry Date:

16.06.2025

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Job Description:

Underwriter II – Regional Retail P&C

As an Underwriter II, you will be responsible for delivering a profitable & sustainable underwriting service to your clients. Your key tasks include underwriting business within the agreed business plan and individual authority; 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; building and maintaining relationships with brokers and clients; supporting the design and structure of risks.

Discover your opportunity

What will your essential responsibilities include?

1. 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.
2. Calculating appropriate risk premium by considering the risk costs inherent within the current Underwriting Property environment.
3. Proactively advising, assisting, servicing and following up with clients on insurance and risk management matters to ensure satisfaction and fulfilment of their insurance requirements.
4. International travel and regular attendance at the Lloyd’s Box.
5. Effective relationship management to initiate opportunities for cross-selling offered products and ensuring account retention.
6. Controlling timely implementation of new and renewed accounts according to quality standards.
7. Reviewing loss control reports and managing policy endorsement requests to process any necessary changes to the policy.
8. Support the business planning and forecasting process; monitor financial exposure within outlined limits; monitor premium income to ensure it remains within set limits.
9. Maintain awareness of all claims advised while supporting and providing input on settlement of claims.
10. Working collaboratively in a team environment, assisting underwriters, underwriting assistants and management team.

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

1. Proven experience in UK Property or Casualty Underwriting, or a combination of both.
2. Experience dealing with multinationals.
3. Possesses demonstrated technical knowledge and skills, including product and industry, reflective of successful progression through various job family levels.
4. Under technical direction, works within significant limits and authority on assignments of higher technical complexity and coordination.
5. Advanced analytical, negotiation and sales/marketing skills.
6. Excellent written and oral communication skills.
7. Interpersonal savvy - demonstrated ability to build and maintain insured and broker contacts.
8. Collaborative team player who provides creative solutions and ideas for resolution.

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.