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Delegated Underwriting Governance – UK & Lloyd’s Region
DISCOVER your opportunity
Essential Responsibilities
- Undertaking pre-inception review of all binding authority contracts and instructing Underwriters / Brokers of the necessary amendments
- Producing draft contracts for direct placements within AXA XL’s binder portfolio
- Undertaking post-inception review of binding authority contracts on a sample basis and following-up when lack of compliance with prior requirements is found
- Liaising with a number of internal functions on new binder requirements or where advice or sign-off is needed
- Building and maintaining relationships with key stakeholders and internal functions
- Attending Broker and Coverholder meetings when required
- Maintaining and assessing database of AXA XL’s binder portfolio, ensuring data quality
- Monitoring, researching and evaluating the Lloyd’s / Lloyd’s Brussels, national and regulatory requirements to ensure AXA XL’s binder portfolio is compliant with those requirements and meets internal (AXA XL and AXA group) standards
- Monitoring and updating internal documentation database
- Utilising a number of external resources to come to answers in non-standard situations and build solid knowledge-base for future reference
- Ad-hoc project involvement as required by DUG management.
You will report to local Assistant Manager.
Required Skills and Abilities
- Experience of corporate work
- Proficient command of English, both written and spoken
- Proficiency in MS Word and MS Excel
- Legal / compliance background will be an asset
- Attention to detail, willingness to stay on top of changing regulatory requirements
- Excellent communication and interpersonal skills (verbal and written)
- Ability to comfortably deal with a wide range of colleagues (junior to very senior) as well as numerous senior stakeholders outside of the team (internal and external)
- Ability to work as an effective team member or as an individual, as circumstances dictate
- Proactive and can-do attitude, being solution oriented
- Ability to manage own workload
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.
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