Underwriting Assistant, Inland Marine

AXA•Chicago, IL

About The Position

As an Underwriting Assistant you will support the Underwriting team and act as the owner and principal facilitator of assigned 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. What you’ll be doing 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, and internal units within XL Catlin 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. 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.

Requirements

Bachelor’s degree, or some insurance experience and/or training; or equivalent combination of education and experience
Robust interpersonal skills in order to work effectively and professionally with diverse groups
Proven prioritization and time management skills with accurate results.
Organizational, problem-solving and critical thinking skills

Responsibilities

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, and internal units within XL Catlin 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.
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.

Benefits

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
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.
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.
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.
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.