Senior Underwriter, Aerospace

Singapore, Singapore

Job Description



Senior Underwriter, Aerospace Singapore Act as the technical expert for the function and or region. Responsible for working within authority limits on assignments reflecting the expert degree of technical complexity and coordination under broad management direction. Key responsibilities will involve underwriting business in line with the business plan; assisting the planning and forecasting process; monitoring aggregate exposure within agreed limits; monitoring premium income to ensure it remains within agreed limits; maintaining awareness of all claims advised; supporting and providing input on settlement of claims advised; building and maintaining relationships with brokers and clients; supporting the design and structure of risks; identifying and driving new product development opportunities.
DISCOVER your opportunity What will your essential responsibilities include?

  • Underwrite, manage and service a renewal book and produce new business in accordance with business unit goals. Develop and manage underwriting strategies for both renewals and targets within your portfolio of accounts, including knowledge of the current penetration by product, cross marketing penetration and specific plans to increase company share.
  • Exercise discretion and independent judgment in the analysis and evaluation of risk.
  • Negotiate with producers within the limits of delegated authority and in accordance with established underwriting standards to achieve profit objectives.
  • Build and enhance relationships with brokers and clients and identify and establish new distribution relationships.
  • Maintain expertise with the products, services, priorities, and target markets to more effectively enable clients to uncover hidden risks.
  • Promote the company\'s expertise by participating in industry conferences and events while regularly conducting and taking leadership roles in client and broker meetings to educate on risk.
  • Support the business planning and forecasting process; monitor financial exposure within outlined limits; monitor premium income to ensure it remains within set limits.
  • Maintain awareness of all claims advised while supporting and providing input on settlement of claims.
  • Identify and drive new product development opportunities. Effectively cross-market with other AXA XL lines; meet with brokers and insureds as required. Cultivate key broker relationships in the region to maintain a steady stream of business within our underwriting appetite.
You will report to the Head of Sub Product/Sub Region. SHARE your talent We\xe2\x80\x99re looking for someone who has these abilities and skills:
  • Bachelor\xe2\x80\x99s degree preferred with equivalent experience, policy development and broker management.
  • Possess a high and extensive level of technical knowledge and skills including product & industry.
  • Ability to work independently.
  • Ability to respond to a changing environment with flexibility and innovation.
  • Marketing - Effectively plan for sales and business development. Integrating the use of various techniques, tools, and information to support profitable business growth over a defined period.
  • Negotiation/Sales - Plan, structure and conduct negotiations with brokers and/or clients to reach outcomes that gain the support and acceptance of all parties.
  • Interpersonal Savvy - Build excellent interpersonal relationships with brokers, clients & colleagues with the intention of im-proving personal profile and reputation within AXA XL and the broader market.
  • Industry Knowledge - Understanding of the insurance industry and specific product portfolios to positively impact the underwriting business.
  • Strategy/Planning - Make underwriting decisions to fulfill the business strategic plan and deliver results. Has knowledge of the financial targets and levers in order to deliver on departmental business plan.
  • Analytical Skills - Visualize, gather information, articulate, analyze and solve complex problems in order to make key business decisions.
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\xe2\x80\x99t just provide re/insurance, we reinvent it. How? By combining a strong 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 Corporate Responsibility At AXA XL our approach to corporate responsibility (CR) is the same as our approach to business; constantly seeking to provide innovative solutions to the world\xe2\x80\x99s most complex problems. From offering our expertise, products and services to help build more resilient communities, to advancing understanding and response to climate change, our strategy \xe2\x80\x93 Our Impact. Our Future. \xe2\x80\x93 aligns key issues that are pertinent to our business \xe2\x80\x93 climate, water and financial resilience - and contributes to AXA Group\xe2\x80\x99s purpose to \xe2\x80\x9cAct for human progress by protecting what matters.\xe2\x80\x9d.
  • Climate: We\xe2\x80\x99re reducing our carbon footprint, protecting ecosystems and exploring how our business can help build a better world.
  • Water: We\xe2\x80\x99re developing water resilience where it is \xe2\x80\x94 and will be \xe2\x80\x94 needed most.
  • Financial resilience: We\xe2\x80\x99re helping create opportunities for the unemployed and underemployed, so they can be better prepared for unexpected changes.
  • Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as our \xe2\x80\x9cHearts in Action\xe2\x80\x9d programs.
For more information please see the Corporate Responsibility section on our website. 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\xe2\x80\x99s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, while creating an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It\xe2\x80\x99s about helping one another \xe2\x80\x94 and our business \xe2\x80\x94 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.

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Job Detail

  • Job Id
    JD1275421
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned