Underwriter - Energy Transition

**Flexible Work Eligible**: Flexible Work Schedule

**DISCOVER your opportunity**

**Underwriter I - Energy Transition**

London, UK

As an Underwriter I, you will be responsible for delivering a profitable ‘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; ensuring adequate reinsurance acquired to cover specific risks; building and maintaining relationships with brokers and clients; supporting the design and structure of risks.

The energy transition is integral to the drive towards a more sustainable global economy. Supporting the transition is a key part of our climate and sustainability strategy at AXA XL

AXA XL’s energy transition work begins, naturally, with the energy portfolio - but this is a drive that affects the entire economy. And to help enable this transition, there are, in effect, three pillars that our energy transition activities and ambitions must straddle; products and services; distribution; and capability and learning and development.

AXA XL has been underwriting coverage for renewable energy projects, particularly solar, wind and hydro-electric operations, for some years now. And we are actively working with clients to provide coverage for a wide range of renewable energy technologies and operations, from windfarms to hydrogen production, to bioenergy to carbon capture underground storage (CCUS) and many others.

You will have the support of highly qualified & experienced Energy Transition risk engineers to keep abreast of the latest developments in technology, and actuaries to help you quantify and price these risks. You will also be working alongside an established team of Upstream, Downstream, Power and Construction underwriters.

The ET book will be the cornerstone to helping to meet AXA XL’s net-zero underwriting goals and a key contributor to its wider energy transition journey. It will be important to be visible and approachable to brokers and clients alike. Effective verbal and written communication skills, along with collaborative behaviour will be essential to the role.
- This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime._

**DISCOVER**your opportunity**

What will your essential responsibilities include?
- Calculating appropriate risk premium by considering the risk costs inherent to thesector, reinsurance cessions as well as the Underwriting and general administration costs while ensuring profitability.
- Proactively advising, assisting, servicing and following up with clients on insurance and risk management matters to ensure satisfaction and fulfillment of their insurance requirements.
- Effective relationship management to initiate opportunities for cross-selling offered products and ensuring account retention.
- Controlling timely implementation of new and renewed accounts according to quality standards.
- In coordination with other internal teams, determining appropriate reinsurance for risk placements both on excess of loss and quota share basis.
- Reviewing loss control reports and managing policy endorsement requests to process any necessary changes to the policy.
- 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.
- You will report to the Underwriting Manager - Energy Transition_

**SHARE your talent**

**SHARE your talent**

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

- Underwriting experience within the relevant market
- Technical knowledge and experience of the insurance industry, specifically in Energy / Renewables
- Proven analytical, negotiation and sales skills.
- Excellent written and oral communication skills
- Interpersonal Savvy - Demonstrated ability to build and maintain insured and broker contacts.
- Ability to develop and understand business processes, strategy and planning.
- 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 special