Senior Underwriter, Contingency

Overview

In this role you will underwrite and manage a renewal book while producing new business within delegated authority. You will develop underwriting strategies, assess risks, and manage exposure to support the business plan and profitability. You’ll build broker and client relationships, mentor peers, and drive product development opportunities. The position blends technical excellence with stakeholder engagement across cross-border portfolios and industry events, contributing to AXA XL’s risk expertise and growth.

Pay / Benefits

• Inclusion and diversity programs
• Flexible working arrangements
• Enhanced family-friendly leave benefits
• Diversity Best Practices Index
• UK Women in Finance Charter
• Reward program for health, wellbeing and financial security

Responsibilities

• Underwrite and service renewals and new business in line with business unit goals
• Develop and manage underwriting strategies for renewals and portfolio accounts
• Exercise discretion in risk analysis and evaluation
• Participate in risk assessment discussions and mentor peers
• Negotiate with producers within delegated authority to achieve profit objectives
• Build and maintain relationships with brokers and clients; establish new distribution channels
• Maintain product/priority knowledge to uncover hidden risks for clients
• Assist with portfolio development for overseas offices (Cologne, Hamburg, Madrid, Zurich, Paris, Singapore)
• Promote AXA XL expertise through industry conferences and leadership in client/broker meetings
• Ensure compliance with underwriting guidelines, legal requirements, and internal controls
• Support business planning and forecasting; monitor financial exposure and premium income within limits
• Maintain awareness of advised claims and contribute to settlement discussions
• Identify and drive new product development opportunities; cross-market with AXA XL lines
• Provide guidance to junior underwriters and peers; report to the Underwriting Manager, Contingency

Key requirements

• Advanced technical underwriting knowledge in Contingency insurance
• Ability to apply business understanding to set direction within the segment
• Strong analytical, problem-solving, and negotiation skills
• Excellent organizational, time-management, and multi-tasking abilities
• Experience in developing business processes, strategy, and planning
• Knowledge of systems functionality and data use
• Adaptability and innovation in changing environments
• Proven track record in developing broker/insured relationships
• Ability to lead in line with AXA XL Core Values and culture

• Negotiation
• Relationship building
• Leadership and mentoring
• Contingency underwriting expertise
• Risk assessment and portfolio management
• Cross-marketing and distribution strategy

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