Underwriting Assistant at AXA

Toronto, Ontario, Canada -

Full Time

Start Date

Immediate

Expiry Date

24 Jun, 26

Salary

0.0

Posted On

26 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Interpersonal Skills, Prioritization, Time Management, Organizational Skills, Problem-Solving, Critical Thinking, Risk Evaluation, Underwriting Rules Knowledge, Pricing, Quotation, Collaboration, Communication, Account Management, Adaptability

Industry

Insurance

Description

Underwriting Assistant Toronto, ON I Canada As Underwriting Assistant, you will support the Casualty Underwriting team and act as the owner and principal facilitator of assigned multinational accounts. The Underwriting Assistant will perform front-to-end activities throughout the life cycle of renewal and prospect accounts from submission to expiration with Underwriting oversight. DISCOVER your opportunity What will your essential responsibilities include? Pre-underwrites, evaluates risk, and assesses completeness of the underwriting package before underwriter is required to review. Communicate directly with Brokers on behalf of the Underwriters to collect account and insured information necessary for risk analysis. Perform and apply knowledge of line of business specific product underwriting rules and/or guidelines for pre-analysis support of submission in preparation of further analysis for quoting stage. Develop initial pricing, basic coverage structuring, quotation, and binder packages of the risk on behalf of the Underwriter. Collaborate effectively with Underwriters, Brokers, Reinsurers, Network Partners and internal units within AXA XL to manage the status and workflow of multiple tasks and accounts. Communicate account status to ensure completion of outstanding subjectivities needed to execute policy issuance and premium collection as part of bound accounts. Develops initial pricing, basic coverage structuring, quotation, and binder packages of the risk on behalf of the underwriter. Calculate base rating and apply experience modifications as part of underwriting package completed by Underwriting Support Unit for Underwriter review. Manage the workflow of multiple tasks and maintain a detailed understanding of the status of various tasks owned by Underwriters, Brokers, Reinsurers, AXA XL internal network, and Fronting Partners around the world. Communicate account status to ensure completion of all tasks including premium collection as part of bound accounts. Collaborate and correspond verbally and in written format with internal and external contacts across the world, keeping in mind differences in local language, time zones, and good local standard, to achieve a high level of service and meet client expectations. You will report to the Team Lead. SHARE your talent We’re looking for someone who has these abilities and skills: Required Skills and Abilities: Bachelor’s degree, or some related insurance experience and/or training; or equivalent combination of education and experience Robust interpersonal skills to work effectively and professionally with diverse groups Proven prioritization and time management skills with accurate results. Organizational, problem-solving and critical thinking skills Understand local laws, regulations, and tax requirements in each country Master the organizational hierarchy, including parent companies, subsidiaries, and regional offices Facilitate effective communication among regional teams Coordinate with local stakeholders for account updates and issues Adapt strategies accordingly for account management French is a strong asset 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. Learn more at axaxl.com Inclusion & Diversity AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It’s about helping one another — and our business — to move forward and succeed. Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe Robust support for Flexible Working Arrangements Enhanced family friendly leave benefits Named to the Diversity Best Practices Index Signatory to the UK Women in Finance Charter Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer. Sustainability 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 Sustainability at AXA XL. The Canada base salary range for this position is CAD (60,300 to 85,900). Actual pay will be determined based upon the individual’s skills, experience and location. We strive for market alignment and internal equity with our colleagues’ pay. At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers.

Responsibilities

The Underwriting Assistant supports the Casualty Underwriting team by acting as the principal facilitator for assigned multinational accounts, performing front-to-end activities from submission to expiration under underwriting oversight. Essential duties include pre-underwriting, evaluating risk, communicating with brokers, developing initial pricing, structuring coverage, and managing the workflow of multiple tasks and accounts.