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Strategic Underwriting Specialist

2 months ago


Birmingham, Birmingham, United Kingdom AXA Group Full time

At AXA Commercial, we are dedicated to supporting our business clients, regardless of their size, by facilitating seamless interactions that cater to their preferences. Whether through brokers, direct phone communication, or online platforms, we ensure comprehensive coverage for our clients.

As we continue to build on our achievements, a significant initiative for AXA Commercial is to enhance our teams with skilled, engaging, and innovative Development Underwriters. These positions are newly established within the organization, offering a remarkable opportunity for individuals to lay essential foundations and influence the strategic direction, enabling AXA to achieve the necessary growth and visibility.

The Development Underwriter will play a pivotal role in transforming our partnerships with broker portfolios by fostering responsive, adaptable, and collaborative relationships. With a strong blend of technical expertise and trading acumen, they will be empowered to make informed decisions, supported by data, insights, and mobile technology tools to excel in their role. The focus will be on cultivating and delivering profitable growth across both new and existing business within key markets.

This role requires travel within the designated area, as it involves direct engagement with brokers alongside technical underwriting responsibilities. While aligned with the Birmingham branch, the primary focus will be on collaborating with brokers throughout the Midlands region. Regular travel to the Birmingham branch will be expected for collaboration with the broader team.

At AXA, we promote a smart working culture, empowering our employees to balance their time between home and the office in a manner that best suits them, their teams, and our clients. Employees will spend at least 40% of their week away from home, whether at office locations, visiting clients, or attending industry events.

Key Responsibilities:

  • Serve as the representative of AXA in presenting propositions for larger Mid-Market and Mid-Corporate risks, leveraging industry knowledge and technical underwriting expertise, tailored to the complexity of each case.
  • Collaborate with Trading Underwriters to negotiate coverage, terms, and pricing that distinguish AXA in meeting customer requirements.
  • Proactively cultivate a strong pipeline of qualified growth opportunities in the Mid-Market and Mid-Corporate sectors, utilizing both client and broker relationships, ensuring effective management and realization of the pipeline.
  • Lead and fully integrate the large case management process for both new and existing business.
  • Develop and nurture collaborative relationships with brokers, and occasionally clients, across the region, taking full ownership of generating, placing, and retaining profitable commercial business from self-sourced opportunities.
  • Underwrite profitable new and existing business in accordance with AXA's established underwriting controls and practices, serving as a referral point within the branch.
  • Establish and maintain a quality distribution strategy and communication plan with key influential brokers to ensure financial KPIs are met.
  • Maintain a comprehensive understanding of the performance metrics of the region's portfolio (COR, Rate, Retention, Hot Spot trades, profit drivers, and underwriting circular).
  • Support other regions as appropriate, aligned with areas of underwriting, trade segments, or industry expertise.

Your Profile:

Qualifications:

  • Expertise in technical underwriting with demonstrable experience in two or more mid-market classes.
  • DIP Qualified or equivalent, with a proven track record in underwriting Mid-Market and Mid-Corporate business.
  • History of securing and retaining large-scale and complex business through developed senior broker and customer relationships.
  • Evidence of previous technical and sales experience, extending to effective pipeline management.
  • Strong insight development and management of customer and broker portfolios.
  • Ability to make a personal impact and influence, with strong negotiation and persuasion skills.
  • Excellent communication, presentation, and interpersonal skills.

As a prerequisite for this role, candidates must be eligible and authorized to work in the United Kingdom.

This position is classified as an Insurance Distribution Directive (IDD) role under the IDD regime, which entails that, in addition to pre-employment screening checks, the successful candidate will undergo background screening every four years, with an annual declaration in interim years.

About AXA:

With a presence in over 60 countries and 165,000 employees serving the needs of 107 million customers, AXA is a large organization.

However, we remain committed to caring for every individual who works here. When you join us, we promise to support you and your career development.

You will work in an open and supportive environment where you will be developed, challenged, and encouraged to explore opportunities for growth both nationally and internationally. You will learn directly from senior leaders and the best in our industry, enjoying real responsibility from the outset.

Every large company today emphasizes diversity and inclusion. At AXA UK, these values are integral to our operations. We focus on bringing together the best talent, enabling individuals to realize their full potential by being their authentic selves at work and delivering exceptional service to all, regardless of differences.

About the Entity:

AXA Commercial provides protection for businesses, from large multinationals to small startups, instilling confidence for them to thrive. We are currently making significant investments to develop the expertise and skills necessary to excel in our field. We foster a vibrant community where everyone is encouraged to learn, grow, and take ownership of their work.

What We Offer:

At AXA UK, we value our employees and regularly review our rewards package to reflect this. You can expect:

  • Competitive annual salary based on experience
  • Annual company and performance-based bonus
  • Tool of Trade Car or equivalent cash allowance
  • Contributory pension scheme (up to 12% employer contributions)
  • Life Assurance (up to 10 times annual salary)
  • 28 days annual leave plus Bank Holidays
  • Opportunity to purchase up to 5 additional days leave or sell up to 5 days leave
  • AXA employee discounts
  • Gym benefits

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