Underwriter Financial Lines (80 - 100%)

at  XL Catlin

Flexible Work Eligible: Remote Work
DISCOVER your opportunity
Are you ready to gain experience around underwriting financial lines insurance? Would you like to work in a fast growing, entrepreneurial practice? We have an exciting opportunity for an ambitious Underwriter or university graduate to join our financial lines team as an underwriter – if that could be you please get in contact.
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DISCOVER your opportunity

What will your essential responsibilities include?

• Underwriting business within the agreed business plan and individual authority
• Building and maintaining relationships with brokers and clients
• Supporting the design and structure of risks.
• Reviewing submissions including applications, policy wording, inspection reports, loss runs, and financial reports while conducting appropriate research to determine degree of risk for each account
• Calculating appropriate risk premium by considering the risk costs inherent to the financial lines 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 fulfilment 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
• Maintain awareness of all claims advised while supporting and providing input on settlement of claims
• Actively promoting the AXA XL financial lines brand within the Swiss market
• Working collaboratively in a team environment, assisting underwriters, underwriting assistants, and management team

You will report to the Head of Professional and Financial Lines, Switzerland.
SHARE your talent

SHARE YOUR TALENT

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

• Initial experience in Directors’ and Officers’ Liability, Professional Liability, Crime, Cyber, Technology PI or Technology E&O is beneficial
• Ability to work under technical direction within limits and authority on assignments of technical complexity and coordination
• Advanced level of numeracy, solid negotiation and sales/marketing skills
• Excellent written and oral communication skills
• Fluency in German and English
• Interpersonal savvy - ability to build and maintain strong insured and broker contacts
• Ability to develop and understand business processes, strategy and planning
• Collaborative team player who provides creative solutions and ideas for resolution

• Underwriting business within the agreed business plan and individual authority
• Building and maintaining relationships with brokers and clients
• Supporting the design and structure of risks.
• Reviewing submissions including applications, policy wording, inspection reports, loss runs, and financial reports while conducting appropriate research to determine degree of risk for each account
• Calculating appropriate risk premium by considering the risk costs inherent to the financial lines 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 fulfilment 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
• Maintain awareness of all claims advised while supporting and providing input on settlement of claims
• Actively promoting the AXA XL financial lines brand within the Swiss market
• Working collaboratively in a team environment, assisting underwriters, underwriting assistants, and management tea