Underwriting Medical jobs in London

Job Description:

What you’ll be doing

Your essential responsibilities will include:

• 
  Teamwork & Collaboration: Work closely with colleagues across the underwriting division along with the wider UK wordings team, Legal function, Claims, Compliance, and Conduct Risk to meet team goals, service standards, and internal projects. Maintain clear communication with underwriting teams to understand their needs. Contribute towards our safe and inclusive value-based culture with a sense of team spirit and purpose.
• Create & Innovate: Collaborate with stakeholders to create and refine insurance products, leading innovation for AXA XL. Translate underwriting intent into cover.
• Training & Development: Share best practices across the business, present to underwriting teams, and provide technical wording advice pre- and post-bind.
• Analysis & Review: Support underwriters in the review of wordings and clauses of every type, explaining to underwriters and other stakeholders their implications and wording risk, and deliver timely, high-quality solutions to the issues presented.
• Governance & Contract Certainty: Ensure contractual clarity and adherence to governance principles when reviewing and advising on contractual terms in line with Underwriting, Legal, Risk, Compliance, and regulatory standards.
• External Engagement: Represent AXA XL in wording discussions and negotiations with brokers and clients, ensuring technical and commercial elements are aligned.
• Technology & Innovation: Embrace new contract analytics tools and manage contract management systems, seeking opportunities for process improvement.
• Leadership & Mentoring: Plan and self-manage your workload, adhering to deadlines and competing priorities. Be a role model for and coach junior staff and support continuous improvement initiatives.

You will report to the Risk Managed Underwriting for UK & Lloyds.

What you’ll bring

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

• Proven experience working in depth with (re)insurance wordings, demonstrating first-class technical drafting skills in English and a comprehensive understanding of insurance law concepts. Applications from candidates with a legal, underwriting or claims background are welcome.
• The ability to interpret and analyse complex insurance clauses and requests, creating clear, robust wording solutions from scratch or via existing templates, always with our customers in mind.
• The confidence to present and discuss wording solutions face-to-face and in writing with underwriters, brokers, and peers.
• A robust understanding of insurance, legal, and compliance needs across different classes, and knowledgeable about standard clauses and market practices.
• Capable of planning and managing workload independently under pressure, meeting deadlines and juggling priorities.
• Analytical and critical thinking skills, with a good grasp of how insurance products are constructed and operate in the real world.
• Excellent interpersonal skills to interrogate complex coverage concepts and explore abstract policy ideas.
• Desirable: ACII qualification, legal qualification, and experience with contract analytics technology.

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