Senior Underwriter Property
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Milan, Italy
Joining AXA XL as an experienced Underwriter you will leverage your specialized expertise to underwrite even the most complex risks with a tailor-made and innovative approach.
In your underwriting role you will be responsible for writing new and renewal business for the product line, working with brokers and clients in support of the profitable growth of the portfolio in line with the agreed Business Plan, as well as developing high quality levels of relationships with brokers, clients and internal functions.
This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime.
What you’ll be doing
What will your essential responsibilities include?
- Reviewing submissions including applications, policy wording, inspection reports, loss runs, and financial reports while conducting appropriate research to determine the degree of risk for each account.
- Calculating appropriate risk premium by considering the risk costs inherent to the sector, 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.
- 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.
- Coordinating and supporting a team of Property Underwriters, providing day-to-day guidance, facilitating workload prioritization and promoting collaboration to ensure the achievement of individual and collective business objectives.
What you’ll bring
We’re looking for someone who has these abilities and skills:
- Proven underwriting experience in Property within commercial insurance market
- Excellent communication skills (both written and verbal) in English and Italian
- Resilient mindset with solid ability to negotiate and drive growth in a dynamic market.
- Make swift and efficient data-based decisions and keep the focus on goals over time.
- Work in team with colleagues of different seniority and expertise to achieve collective goals.
- Develop knowledge of new trends and business transformation.
- A previous experience in people management or a leading experience within a matrix organization will be a valued asset
Inclusion
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 enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and 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
Total Rewards
AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.
We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.
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 ou