Senior Underwriter - Downstream Energy

• Possess a high and extensive level of technical knowledge and skills including product & industry across Energy Downstream.
• Able to apply business understanding and/or management experience to set direction within the segment or function.
• You should possess excellent analytical and problem solving skills as well as sales and marketing abilities.
• Ability to develop and understand business processes, strategy and planning.
• Knowledge of functionality of systems.
• Excellent customer service and negotiation skills with a proven track record in development of successful business relationships with brokers and insureds.

We're looking for someone who has these abilities and skills:

• Bachelor's degree (or equivalent).

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.

This position is typically an individual contributor and your key responsibilities will involve underwriting business in line with the business plan; assisting the planning and forecasting process; monitoring aggregate exposure within agreed limits; monitoring premium income to ensure it remains within agreed limits; ensuring all risks written, are within the agreed maximum; maintaining awareness of all claims advised; supporting and providing input on settlement of claims advised; building and maintaining relationships with brokers and clients; supporting the design and structure of risks; identifying and driving new product development opportunities.

• Underwrite, manage and service a renewal book and produce new business in accordance with Energy business unit goals. Develop and manage underwriting strategies for both renewals and targets within your portfolio of accounts, including knowledge of the current penetration by product, cross marketing penetration and specific plans to increase company share.
• Exercise discretion and independent judgment in the analysis and evaluation of risk.
• Participate in roundtable discussions on risk assessment and provide mentorship and leadership to peers.
• Negotiate with producers within the limits of delegated authority and in accordance with established underwriting standards to achieve profit objectives.
• Build and enhance relationships with brokers and clients and identify and establish new distribution relationships.
• Maintain expertise with the products, services, priorities and target markets to more effectively enable clients to uncover hidden risks.
• Promote the company's expertise by participating in industry conferences and events while regularly conducting and taking leadership roles in client and broker meetings to educate on risk.
• Maintain compliance with all internal and external underwriting guidelines and legal requirements.
• 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.
• Identify and drive new product development opportunities. Effectively cross-market with other AXA XL lines; meet with brokers and insureds as required. Cultivate key broker relationships in the region to maintain a steady stream of business within our underwriting appetite.
• Under broad management direction, work at the highest authority limits on assignments reflecting the expert degree of technical complexity and coordination.
• Possess an expert level of technical knowledge and skills including product and industry.
• Provide guidance and assistance to lower level underwriters and associates and other functional areas.

London, UK

AXA XL's Downstream portfolio seen as a strategic enabler of the wider Energy book - continuing to be a key component of our energy strategy as we work with client across all facets of the Energy industry.

This opportunity is targeted towards a Senior Underwriter with depth of industry knowledge to ensure objectives of growth and performance are aligned to the wider energy portfolio; executing on client and industry strategy as a long-term risk partner.

This is a regulated role under the Central Bank of Ireland's Fitness and Probity regime.

What will your essential responsibilities include?

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 our operations.

Our Pillars:

• Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society - are essential to our future. We're committed to protecting and restoring nature - from mangrove forests to the bees in our backyard - by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
• Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
• Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We're training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
• AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL's "Hearts in Action" programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day - the Global Day of Giving.

For more information, please see axaxl.com/sustainability.