Underwriter, Marine Cargo (Hong Kong)

AXA Group; Hong Kong; On-site; HKD 600,000 - 900,000; Full time

Benefits offered by this job

Flexible working arrangements

Family-friendly leave benefits

Diversity initiatives

Job summary

AXA XL in Hong Kong is seeking an Underwriter for Marine Cargo to drive underwriting decisions, set premium levels, and secure Marine Cargo business across Hong Kong, Macau, China, Korea and Taiwan. You will work with brokers and clients to quantify risks and shape market-facing solutions.

The role requires deep Marine underwriting expertise in a multinational setting, strong English, Cantonese and Mandarin communication, and the ability to lead cross-border negotiations and collaboration with

Qualifications

• Underwriting experience in Marine product lines in multinational environment.
• Fluent in English, Cantonese and Mandarin.
• Strong interpersonal and negotiation skills.

Responsibilities

• Analyze account submissions and review terms to quantify exposures per underwriting guidelines.
• Lead underwriting meetings with brokers and clients to quantify risks on large multinational accounts.
• Determine premium rates within authority levels.
• Market and promote Marine Cargo products to insurers and brokers in HK, Macau, China, Korea and Taiwan.
• Provide direction to underwriting support during policy issuance and endorsements.
• Identify new business and market opportunities with innovative solutions.

Skills

Marine underwriting

Multinational experience

English Cantonese Mandarin

Interpersonal skills

Job description

Underwriter, Marine Cargo

Hong Kong

Present AXA XL’s brand in the market, contribute to developing the Company in Hong Kong, and preserve AXA XL’s excellent reputation as a business partner and employer. Responsible for underwriting and producing business for casualty business in line with AXA XL and AXA Group strategy and standards.

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

What you’ll be DOING

What will your essential responsibilities include?

• Analyze account submissions and review underlying terms and conditions and to ascertain and quantify exposures with respect to AXA XL’s Underwriting Guidelines
• Conduct underwriting meetings with brokers and prospective insurers in order to quantify the inherent risks and exposures on large and complex multi-national accounts and corporation/partnerships
• Determine premium rates for individual accounts within authority levels
• Market and promote all AXA XL’s products with primary responsibility for Marine Cargo products, to insurers and brokers. The position has primary responsibility for securing Marine Cargo business in Hong Kong, Macau and China, S. Korea and Taiwan insurance markets
• Provide direction to underwriting support services in conjunction with policy issuance and endorsement wording preparation
• Identify new business and market opportunities, implement leading edge products and solutions

You will report to the Underwriting Manager, Marine Cargo.

What you will BRING

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

• Underwriting experience in Marine product lines in multinational environment

• Communication skills in both spoken and written English, Cantonese and Mandarin

• Good team playing and interpersonal skills

• Ability to handle large and complex multi-national accounts and corporation/partnerships
• Ability to respond to a changing environment with flexibility and innovation
• Negotiation/Sales - Plan, structure and conduct negotiations with brokers and/or clients to reach outcomes that gain the support and acceptance of all parties

• Interpersonal Savvy - Build interpersonal relationships with brokers, clients & colleagues with the intention of im-proving personal profile and reputation within AXA XL and the broader market
• Industry Knowledge - Understanding of the insurance industry and specific product portfolios to positively impact the underwriting business
• Analytical Skills - Visualize, gather information, articulate, analyze and solve complex problems in order to make key business decisions

Who WE are

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.

Learn more at axaxl.com

What we OFFER

Inclusion

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 enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and 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 Practices Index
• Signatory to the UK Women in Finance Charter

Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars:

• Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
• Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
• Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
• AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.

For more information, please see axaxl.com/sustainability.