Job Description

:

AXA XL Energy is looking for a skilled and experienced underwriter to take on a prominent role within the London team. The role will share responsibility for a broad portfolio of onshore energy risks, including downstream and midstream sectors alongside power generation, renewables and transmission and distribution. Experience is not required across all lines of business; there will be opportunities for exposure and technical development moving forward.



The right candidate will demonstrate underwriting acumen in conjunction with commercial awareness in both the insurance and energy markets. As well as day-to-day underwriting, they will need to sell the AXA XL proposition, maintain visibility, and bolster our leadership position within a congested market. They will look to grow and develop the line of business, whilst retaining the existing client base. They will also need to monitor and analyse portfolio trends, working with Actuarial, Risk Engineering and Claims to understand underlying issues and adjust underwriting strategy accordingly. They should be able to stay abreast of market dynamics, identifying emerging trends and regulatory developments.

This is a regulated role under the Central Bank of Ireland's Fitness and Probity regime.

What

you'll be doing

---------------------------


What will your essential responsibilities include?

Reviewing submissions including slips, policy wordings, technical information, loss history and financial reports while conducting appropriate research to determine degree of participation for each account. Calculating appropriate risk premium by considering the risk costs inherent to the upstream segment as well as the underwriting and general administration costs to ensure profitable underwriting outcomes. Active engagement with clients and brokers, ensuring excellent standards of service provision and turnaround times. Effective relationship management, facilitating cross-selling and supporting clients common to Downstream & Power, Renewables and Energy Liability. Support the financial planning and forecasting process; monitoring risk exposure within budgetary limits; monitoring premium income and cash flow. Maintain an overview of all claims, supporting the claims team and providing input in claims negotiations where necessary. Working collaboratively in a team environment, assisting all underwriters, underwriting assistants and management team. Support the training and career development of junior underwriters and underwriting assistants.

You will report to will report to the Underwriting Manager, Downstream, Power & Renewables, UK and Lloyd's.

What

you'll bring

------------------------

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

Demonstrated underwriting experience within Power Generation, Downstream, Midstream or Renewables Under technical direction, works within significant limits and authority on assignments of higher technical complexity and coordination. Possesses technical knowledge and skills, including product and industry, reflective of successful progression through various job family levels. Advanced analytical, negotiation and sales/marketing skills. Excellent written and oral communication skills. Interpersonal Savvy - Demonstrated ability to build and maintain 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

What

we

offer

-----------------------

Inclusion

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 enables business growth and is critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and 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.

Total Rewards

AXA XL's Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.



We're committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

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 axaxl.com/sustainability.

Who

we

are

--------------------


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