Underwriting Assistant

TN United Kingdom; Ipswich; On-site; GBP 25,000 - 35,000; Full time

Job summary

An established industry player is seeking an Underwriting Assistant to kickstart their career in insurance. This role offers a fantastic opportunity to develop essential skills in underwriting, data analysis, and client interaction. You will collaborate with experienced underwriters and support various operational tasks within the Middle Office Operations team. With a strong focus on professional development, the company provides an industry-leading Underwriting Academy to enhance your learning journey. If you are detail-oriented, organized, and eager to learn, this is the perfect role to launch your career in a dynamic and supportive environment.

Qualifications

• At least A-level standard education or equivalent business experience.
• Proficiency in Microsoft Excel, including VLookups and pivots.

Responsibilities

• Assisting underwriters with risk data entry and building broker relationships.
• Maintaining underwriting documentation and coordinating renewal processes.

Skills

Microsoft Excel

Analytical Skills

Problem-Solving Skills

Organizational Skills

Education

A-level standard education

Tools

Microsoft Outlook

Microsoft Word

Microsoft PowerPoint

Microsoft Teams

Job description

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At AXA XL, we solve today’s complex risks to drive tomorrow’s innovation. We see our careers with AXA XL as a chance to unleash our potential globally. Cultivate expertise, collaborate constantly, analyze deeper, and dream bigger.

Joining AXA XL as an Underwriting Assistant is a great foundation step to launch your career within insurance. Whether you have some basic insurance experience and are ready to take the next step, want to change your direction within insurance, or are seeking your first role, we offer plenty of support to help you advance. Starting your career can be daunting, but at AXA XL, industry experts and a market-leading Underwriting Academy will support your learning journey.

The Middle Office Operations team manages operational tasks undertaken by Shared Services / Global Operations, supporting Underwriting and ensuring administrative processes for the policy lifecycle are efficient and high-quality, serving internal and external clients. This role primarily supports the Construction / Energy Transition business units.

The team supports strategic change initiatives affecting underwriting, such as operational design for Brexit, offshore service centre relocations, and data/system workstreams for new legal entities.

Discover your opportunity

Responsibilities include:

1. Assisting underwriters with risk data entry, building broker relationships, and developing knowledge of business classes and accounts.
2. Liaising with underwriters to ensure data accuracy and completeness.
3. Maintaining underwriting documentation and files.
4. Coordinating with Credit Control to monitor premiums and answer queries.
5. Collaborating with support functions to respond to control reports and ensure standards are met.
6. Developing requirements for statistical reports for underwriting insights.
7. Monitoring renewal lists and coordinating renewal processes.
8. Supporting renewal processes alongside underwriters, pricing, claims, and governance teams.
9. Working with shared services to ensure timely and accurate support to underwriters and clients.
10. Performing ad-hoc duties and participating in projects.

You will report to the Operations Manager - Middle Office.

We’re looking for candidates who have:

• At least A-level standard education or equivalent business experience.
• Proficiency in Microsoft Excel, including VLookups, pivots, and formulas.
• Experience with Microsoft Outlook, Word, PowerPoint, Teams is advantageous.
• System data entry experience is beneficial.
• A rational approach to complex data analysis.
• Strong analytical and problem-solving skills.
• High accuracy and attention to detail.
• Excellent organizational skills, proactive planning, and the ability to prioritize independently.

Find your future

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. We serve mid-sized companies, multinationals, and innovative individuals, not just with re/insurance but by reinventing it.

We do this through a comprehensive capital platform, data-driven insights, leading technology, and top talent in an agile, inclusive workspace, delivering exceptional client service across property, casualty, professional, financial, and specialty lines.

Our innovative and flexible approach to risk solutions partners with those who move the world forward.