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As Underwriting Assistant you will support the Underwriting team and act as the owner and principal facilitator of assigned accounts.
The Underwriting Assistant will perform front-to-end activities throughout the life-cycle of renewal and prospect accounts from submission to expiration with Underwriting oversight .
What will your essential responsibilities include?
Pre-underwrites, evaluates risk, and assesses completeness of the underwriting package before underwriter is required to review.
Perform and apply knowledge of line of business specific product underwriting rules and / or guidelines for pre-analysis support of submission in preparation of further analysis for quoting stage.
Develop initial pricing, basic coverage structuring, quotation, and binder packages of the risk on behalf of the Underwriter.
Collaborate effectively with Underwriters, Brokers, Reinsurers, and internal units within XL Catlin to manage the status and workflow of multiple tasks and accounts.
Communicate account status to ensure completion of outstanding subjectivities needed to execute policy issuance and premium collection as part of bound accounts.
Develops initial pricing, basic coverage structuring, quotation, and binder packages of the risk on behalf of the underwriter.
Calculate base rating and apply experience modifications as part of underwriting package completed by Underwriting Support Unit for Underwriter review.
Manage the workflow of multiple tasks and maintain a detailed understanding of the status of various tasks owned by Underwriters, Brokers, Reinsurers, AXA XL internal network, and Fronting Partners around the world.
Communicate account status to ensure completion of all tasks including premium collection as part of bound accounts.
Collaborate and correspond verbally and in written format with internal and external contacts across the world, keeping in mind differences in local language, time zones, and good local standard, to achieve a high level of service and meet client expectations.
SHARE your talent
We're looking for someone who has these abilities and skills :
Required Skills and Abilities :
Bachelor's degree or related insurance experience and / or training; or equivalent combination of education and experience.
Adept interpersonal skills in order to work effectively and professionally with diverse groups.
Proven prioritization and time management skills with accurate results.
Organizational, problem-solving and critical thinking skills.
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.
Learn more at axaxl.com / about-us / inclusion-and-diversity . AXA XL is an Equal Opportunity Employer.
Corporate Responsibility
At AXA XL our approach to corporate responsibility (CR) is the same as our approach to business; constantly seeking to provide innovative solutions to the world's most complex problems.
From offering our expertise, products and services to help build more resilient communities, to advancing understanding and response to climate change, our strategy - Our Impact.
Our Future. - aligns key issues that are pertinent to our business - climate, water and financial resilience - and contributes to AXA Group's purpose to Act for human progress by protecting what matters..
Climate : We're reducing our carbon footprint, protecting ecosystems and exploring how our business can help build a better world.
Water : We're developing water resilience where it is - and will be - needed most.
Financial resilience : We're helping create opportunities for the unemployed and underemployed, so they can be better prepared for unexpected changes.
Hearts in Action : We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as our Hearts in Action programs.
For more information, please see the Corporate Responsibility section on our website.
The pay range for this position is $ 46,500- $83,000 . Actual pay will be determined based upon the individual's skills, experience and location.
We strive for market alignment and internal equity with our colleagues' pay.
Last updated : 2024-07-10
Full Time
Consumer Services
$67k-87k (estimate)
07/12/2024
07/16/2024
axaxl.com
STAMFORD, CT
3,000 - 7,500
1998
WARD F CLEARY ESQ
$1B - $3B
Consumer Services
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 dont just provide re/insurance, we reinvent it. How? By combining a strong 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 wh...o move the world forward. Disclaimer : AXA, the AXA and XL logos are trademarks of AXA SA or its affiliates. AXA XL is a division of AXA Group providing products and services through four business groups: AXA XL Insurance, AXA XL Reinsurance, AXA XL Art & Lifestyle and AXA XL Risk Consulting.
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The job skills required for Underwriting assistant include Underwriting, Analysis, Pricing, Time Management, Products and Services, Insight, etc. Having related job skills and expertise will give you an advantage when applying to be an Underwriting assistant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Underwriting assistant. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Underwriting assistant positions, which can be used as a reference in future career path planning. As an Underwriting assistant, it can be promoted into senior positions as a Health Underwriting Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Underwriting assistant. You can explore the career advancement for an Underwriting assistant below and select your interested title to get hiring information.