Underwriting Assistant
6 days ago
Underwriting Assistant - Middle Market Toronto, ON I Canada As 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 DISCOVER your opportunity 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. Develops initial pricing, basic coverage structuring, quotation, and binder packages of the risk on behalf of the underwriter. Calculate base rating and apply experience modifications as part of underwriting package completed by Underwriting Support Unit for Underwriter review. 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 Assistant Operations Manager. SHARE your talent We’re looking for someone who has these abilities and skills: Required Skills and Abilities: Bachelor’s degree or related insurance experience and/or training; or equivalent combination of education and experience. Adept 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. 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. Inclusion & Diversity
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