Senior Underwriter Energy Transition - London, United Kingdom - AXA XL

Description

This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.

AXA XL is looking for an experienced underwriter to take a prominent role for writing Renewable risks as part of an overall energy transition (ET) business portfolio.

AXA XL are committed to a carbon net zero future. Whilst the ET segment is still in its infancy, and the classification / taxonomy is still evolving, our ET team will support alternative fuel, carbon capture and renewable energy operations that contribute towards carbon net zero targets.

This is a challenging area for underwriting; it will require an agile mindset, balancing a portfolio approach with the fundamentals of underwriting - whilst maintaining a keen eye on profitability. The right candidate will be able to draw upon a solid background of technical underwriting in engineering / renewables / power, or a similarly complex line of business.

You will have the support of highly qualified & experienced risk engineers to keep abreast of the latest developments in technology, and actuaries to help you quantify and price these risks. You will also be working alongside an established team of power underwriters.

The ET book will be the cornerstone to helping to meet AXA XL's net-zero underwriting goals and a key contributor to its wider energy transition journey. It will be important to be visible and approachable to brokers and clients alike. Effective verbal and written communication skills, along with collaborative behaviour will be essential to the role.

DISCOVER your opportunity

This is an exciting role for someone who wants to be part of a greener, more sustainable future; who can marry technical knowledge with adaptive underwriting whilst still delivering profit.

What will your essential responsibilities include?

• Reviewing and prioritising submissions (including slips, wordings, technical information etc.).
• Calculating appropriate risk premium, with support from the actuarial team.
• Underwriting within Group rules & guidelines.
• Servicing accounts and managing client engagement.
• Effective engagement with brokers, ensuring relationship growth and a good flow of new business.
• Accountability for underwriting results of ET book; contributing to overall strategy and financial planning.
• Collaborating with colleagues from wider AXA XL, cross selling where appropriate.

This position is the first of its kind for AXA XL and in the first instance you will report to the Head of Energy.

SHARE your talent

SHARE your talent

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

Required Skills and Abilities:

• A technical underwriting background with a demonstrable background in writing against complex risk.

• Ability to manually price out risks.

• Excellent interpersonal skills and collegiate behaviour.

• Inquisitive, innovative mindset, with the imagination to develop new products or find solutions for emerging risks.

• Commercially astute.

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

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 . 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 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