Underwriter, Brooklyn Casualty

Underwriter, Brooklyn Casualty

Brisbane, QLD / Sydney, NSW

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

As an Underwriter, you will play a crucial role in assessing and evaluating the potential risks associated with providing liability cover across varied industries and trades. You will be an integral part of our dynamic underwriting team within Brooklyn Underwriting, focusing on Mid-Market and SME commercial risks and contributing to the company's growth initiatives. This exciting opportunity will play a key role in maintaining a renewable portfolio whilst identifying and pursuing new business opportunities and the adherence to underwriting guidelines and maintaining a high level of customer satisfaction. This position requires a keen understanding of insurance principles, industry regulations and a thorough analysis of diverse risk factors. You will collaborate with brokers, clients, and internal teams to make informed underwriting decisions and contribute to the team culture, profitability and growth of the organisation.

DISCOVER your opportunity

What will your essential responsibilities include?

Risk Assessment:

• Exercise discretion and independent judgment in the analysis and evaluation of risk.
• Two key Broker submission channels, Online Portal and direct submission.
• Assess the financial stability, industry reputation, and risk history of potential insureds.

Underwriting Guidelines:

• Underwrite within allocated Statements of Authority, guidelines and company policies to determine coverage eligibility and appropriate premium rates.
• Ensure compliance with regulatory requirements and industry standards.

Collaboration:

• Work closely with brokers, agents, and clients to gather necessary information and clarify requirements.
• Collaborate with internal teams such as claims, legal, and risk management to obtain additional insights and information.
• Effectively cross-market with other Brooklyn and 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.

Documentation:

• Prepare underwriting notes outlining risk assessments, recommended coverage, and premium rates.
• Maintain accurate and up-to-date records of underwriting decisions and related documentation.

Market Analysis:

• Stay informed about industry trends, market conditions, and emerging risks that may impact liability underwriting.
• Provide input on product development and pricing strategies based on market analysis.

Customer Service:

• Respond to inquiries from brokers, AR networks, and clients regarding underwriting decisions and coverage options.
• Build and maintain strong relationships with key stakeholders.

SHARE your talent

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

• Minimum HSC education
• Proven experience in liability underwriting, 2 years preferred
• Ability to demonstrate ownership of a portfolio for both renewal & new business KPI's
• Strong analytical and decision-making skills.
• Excellent communication and interpersonal skills.
• Knowledge of insurance regulations and industry best practices.
• Attention to detail and ability to manage multiple priorities.

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies and Multinationals

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

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.

Learn more at axaxl.com

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's why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can 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.

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