Underwriting Assistant, Marine

AXA Group; Singapore; On-site; USD 40,000 - 80,000; Full time

Job summary

An established industry player is seeking an Underwriting Assistant to support the Marine insurance sector. This role involves coordinating with underwriters and stakeholders, ensuring data accuracy, and managing policy endorsements. Ideal candidates will have a diploma in insurance or relevant certification, along with effective communication skills. Join a forward-thinking company that values diversity and sustainability, and be part of a team that drives innovative insurance solutions while contributing to a resilient future. If you're passionate about the insurance field and eager to learn, this opportunity is perfect for you.

Benefits

Flexible Working Arrangements

Enhanced Family Leave Benefits

Diversity and Inclusion Programs

Qualifications

• At least diploma and/or relevant insurance certification.
• 2+ years related insurance experience preferred.

Responsibilities

• Coordinate with Underwriters for timely insurance program implementation.
• Handle policy wording and endorsements efficiently.

Skills

Insurance Knowledge

Communication Skills

Data Management

Client Relationship Management

Education

Diploma in Insurance

Insurance Certification

Job description

Underwriting Assistant, Marine

Singapore

The Underwriting Assistant will become an expert in the field of Commercial Insurance. Duties include the end-to-end servicing of insurance placements, both locally and internationally placed. The Underwriting Assistant primary responsibility to handle new / renewals and associated endorsements on behalf of underwriters as well as other services / ad hoc project that supports the underwriting process.

DISCOVERyour opportunity

What will your essential responsibilities include?

·Coordinating with Underwriters and various stakeholders to ensure timely implementation of our insurance programs, i.e. ensure related data is complete and accurate.

·Proactively engage with Underwriters to ensure an efficient transfer of key information to instruct and manage our placements.

·Address requests originating from client/broker immediately and refer to Underwriters.

·Maintain expert level knowledge of systems and processes and keep abreast of new guidelines.

·Keep track of implementation progress and liaise with local staff to resolve queries.

·Handling of policy wording and endorsements including triaging, segmentation, calculations, preparing Endorsement document and follow up with brokers/cedants

·Collaboration with offshore team on queries and issues to ensure data quality and accountable for correct financial bookings in processing systems by support teams.

·Support Credit Control team in premium collection, account reconciliation and chasing

·Diligently follow-up on outstanding items and documentation with brokers, network partners and shared services

·Involvement in team meeting, knowledge sharing and issue resolution

·Ensure data quality accuracy ratios at the defined level/metrics.

·Coordinate and contribute to external and internal branch audits

·Support Team Leader on other operational matters, such as – participating in Projects or UATs, implementing new processes or new guidelines.

You will report to the Middle Office Team Lead, Singapore.

SHARE your talent

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

·At least diploma and/or hold relevant insurance certification or is studying to achieve their certification

·2+ years related insurance experience will be an advantage. Candidates without experience with strong interest in insurance will also be considered.

·Able to communicate effectively, provide guidance and seek input from internal and external stakeholders in a fast paced environment

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.

Learn more at axaxl.com

Inclusion & Diversity

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 a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can 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.

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