Underwriter - Energy Transition - London, United Kingdom - XL CATLIN

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Job Description - Underwriter - Energy Transition (24UKET02D

Job Description

Underwriter - Energy Transition (

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Underwriter - Energy Transition London

AXA XL is looking for underwriter to join the London Energy team, to support and contribute to our energy transition (ET) proposition.

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 to underwrite;it will require an agile, problem-solving frame of mind.The right candidate will be able to draw upon a solid background of insurance and be able to analyse and dissect data and statistics.It requires a creative streak, and you should be able to explain complex matters to non-insurance people.

As an early career underwriter, you will benefit from learning from a team of experienced energy professionals (both Upstream and Downstream) and will have the support of highly qualified & experienced risk engineers and actuaries to help you quantify and price these new risk exposures.

The ET book will be the cornerstone to AXA XL's sustainability policy and wider energy transition journey.It will be important to be visible and approachable to brokers and clients alike.Strong 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 future; who can marry technical knowledge with adaptive underwriting, whilst still delivering profit.

What responsibilities are included under this role?

· Reviewing and prioritizing submissions (inc. slips, wordings, technical information etc.)

· Underwriting within Group rules & guidelines.

· Servicing accounts and managing client engagement.

· Effective engagement with brokers, ensuring a good flow of new business.

· Support the financial planning and forecasting process; monitor risk exposure within outlined limits; monitor premium income to ensure timely payment.

· Maintain awareness of all claims advised while supporting and providing input on settlement of claims.

In the first instance, you will report to the Senior Energy Transition (New Technologies) Underwriter.

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

· A background in insurance, preferably in Underwriting or Broking.

· A knowledge of lines slips, DUA or other facilities is advantageous.

· Excellent interpersonal skills and collaborative behaviour.

· Inquisitive mindset, with a creative flair.

· Financially 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.

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

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.

• 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

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AXA XL is an Equal Opportunity Employer.

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AXA XL is an Equal Opportunity Employer and does not discriminate against any colleague or applicant for employment on the basis of race, color, national origin, religion, sex, gender identity and/or expression, sexual orientation, age, disability, genetic information, veteran status, military status or any other category protected by local law.