Title Underwriter

at  XL Catlin

London, England, United Kingdom -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate27 Nov, 2024Not Specified30 Aug, 2024N/AInterpersonal Skills,Ethnicity,Real Estate Insurance,Legal Matters,It,Real Estate,Economics,Communication SkillsNoNo
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Description:

SHARE YOUR TALENT

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

  • Some experience of title or real estate insurance (either as a broker/underwriter or from a client or advisor perspective).
  • Qualified lawyer with real estate experience.
  • Some alternative relevant experience working in a real-estate focused role (e.g. in -house legal or other advisory services).
  • Basic knowledge of real estate and title-related legal matters.
  • Experience underwriting, procuring, broking or negotiating title or legal indemnity risk or other commercial/financial lines insurance on behalf of deal clients is highly beneficial.
  • Excellent written and oral communication skills.
  • Negotiating skills and comfort working with legal documents.
  • Interpersonal skills and ability to work collaboratively within a team environment is essential.
  • Organized, reliable and able to work in a fast-paced environment with tight deadlines and timetable pressures.
  • A 2.1 degree (or similar) in law, accounting, economics or business required.

Responsibilities:

  • Managing deal workflow (including triage of enquiries) and the underwriting process across ongoing active transactions.
  • Processing and negotiating documentation, including NDAs and non-release letters, and liaising with our colleagues in AXA XL’s legal and compliance teams where required.
  • Drafting and submitting custom-tailored quotes for proposed policies and following up with brokers to win new business.
  • Reviewing and analysing relevant searches, due diligence reports and disclosure documentation in order to assess submissions and identify deal risks.
  • Interacting with and supporting other team members on day-to-day business issues and throughout the underwriting process, including performing detailed analysis of issues raised on underwriting calls and in due diligence reports.
  • Negotiating and drafting insurance policy terms and language specifically addressing the risk and issues in each case.
  • Collaborating with and helping to instruct and supervise external legal counsel hired to represent AXA XL.
  • Developing and cultivating relationships with title and M&A insurance brokers, lawyers, private equity firms, deal principals and internal AXA XL colleagues.
  • Contribution towards the running of the accounts, including monitoring and managing status/progress of accounts implementation from quote processing to policy issuance, premium collection and policy maintenance (certificates, endorsements etc.)
  • Working with our colleagues in AXA XL’s claims team to deal with policy notifications and claims


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Insurance

Banking / Insurance

Insurance

Trade Certificate

Contribution towards the running of the accounts including monitoring and managing status/progress of accounts implementation from quote processing to policy issuance premium collection and policy maintenance (certificates endorsements etc.)

Proficient

1

London, United Kingdom