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104 Axa XL Jobs

Financial Lines, Cyber and Liability Underwriter

2-4 years

Mumbai

Financial Lines, Cyber and Liability Underwriter

Axa XL

posted 2d ago

Job Role Insights

Flexible timing

Job Description

As the Underwriter of the India Reinsurance branch for Financial Lines, Cyber and Liability, you willdeliver a profitable Underwriting service to your clients. Key tasks include: underwriting business within the agreed business plan and individual authority;market AXA XL and its products; 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; building and maintaining relationships with brokers and clients; supporting the design and structure of risks.

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What will your essential responsibilities include?

  • Calculating appropriate risk premium by considering the risk costs inherent to the respective sector as well as the Underwriting and general administration costs while ensuring profitability.
  • Reviewing complex submissions including applications, policy wording, inspection reports, loss runs, and financial reports while conducting appropriate research to determine degree of risk for each account.
  • 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, cross-sell offered products and ensure account retention.
  • Support the business planning and forecasting process; monitor financial exposure within outlined limits; monitor premium income to ensure it remains within set limits.
  • Maintain awareness of all claims advised while supporting and providing input on settlement of claims.
  • Working collaboratively in a team environment, assisting the greater team for combined successYou will report to the Underwriting Manager.SHARE your talentWere looking for someone who has these abilities and skills:
  • Bachelors Degree preferred and equivalent experience in the relevant class of business.
  • Possess a high and extensive level of technical knowledge and skills in Financial Lines, Cyber and Casualty.
  • Ability to work independently.
  • Ability to respond to a changing environment with flexibility and innovation.
  • Marketing - Effectively plan for sales and business development. Integrating the use of various techniques, tools, and information to support profitable business growth over a defined period.
  • Negotiation/Sales - Plan, structure and conduct negotiations with brokers and/or clients to reach outcomes that gain the support and acceptance of all parties.
  • Analytical Skills Visualize, gather information, articulate, analyze and solve complex problems in order to make key business decisions.
  • Interpersonal Savvy Build excellent interpersonal relationships with brokers, clients & colleagues with the intention of improving personal profile and reputation within AXA XL and the broader market.
  • Industry Knowledge - Understanding of the insurance industry and specific product portfolios to positively impact the underwriting business by improving personal technical & functional knowledge

  • Employment Type: Full Time, Permanent

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    Prepare for Underwriter roles with real interview advice

    People are getting interviews at Axa XL through

    (based on 27 Axa XL interviews)
    Walkin
    Referral
    Company Website
    Job Portal
    Campus Placement
    Recruitment Consultant
    25%
    15%
    15%
    15%
    11%
    4%
    15% candidates got the interview through other sources.
    High Confidence
    ?
    High Confidence means the data is based on a large number of responses received from the candidates.

    What people at Axa XL are saying

    Underwriter salary at Axa XL

    reported by 1 employee with 10 years exp.
    ₹20.8 L/yr - ₹26.6 L/yr
    347% more than the average Underwriter Salary in India
    View more details

    What Axa XL employees are saying about work life

    based on 381 employees
    75%
    93%
    79%
    97%
    Flexible timing
    Monday to Friday
    No travel
    Day Shift
    View more insights

    Axa XL Benefits

    Submitted by Company
    Job Training
    Health Insurance
    Soft Skill Training
    Cafeteria
    Submitted by Employees
    Work From Home
    Health Insurance
    Cafeteria
    Team Outings
    Soft Skill Training
    Job Training +6 more
    View more benefits

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