Underwriting Assistant

Year    Mumbai, Maharashtra, India

Job Description


Underwriting AssistantXLICSE, India Reinsurance BranchMumbai, IndiaXLICSE is an Ireland domiciled insurer with branches throughout the EU, as well as Australia, Hong Kong, Singapore, Malaysia and India. It primarily writes property, casualty and specialty insurance and facultative reinsurance for large national and multinational corporations and leading insurance companies. XLICSE is part of AXA XL (a division of AXA group) which also operates in several jurisdictions worldwide.Having obtained the certificate of registration from IRDAI to operate as a reinsurance branch located in Mumbai in 2017, the branch is well positioned to effectively develop and service clients of AXA XL in India.As 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. The Underwriting Assistant will be engaged in ongoing development of his/her knowledge of commercial insurance related to his/her specialized line of business.DISCOVER your opportunityWhat will your essential responsibilities include?

  • Proactive engagement, providing support to various underwriting business and ensuring:
  • information received is understood and complete in order to process policies
  • the administrative processes for the end to end policy lifecycle are run efficiently to support internal and external stakeholders for new and renewed accounts
  • data quality and compliance with internal standards & guidelines and statutory requirements
  • Ensure timely and complete documentation of underwriting files for traceability and audit purposes
  • Work collaboratively with the offshore shared services team to ensure timely requests of quotes, name clearance and accurate binding of quotes and other adhoc tasks.
  • For global programs, the role holder would work across different geographies and product lines to set up and administer large global programs.
  • Assist with collection of unpaid premiums.
  • Foster positive relationship with internal/external counterparts to get a mutual understanding of their needs
  • Timely and accurate updates on monthly and adhoc reporting
  • Any other projects or adhoc tasks assigned by Operations Lead or Manager from time to time
You will report to the Underwriting Manager with a secondary reporting line to Operations Lead Singapore.QualificationsSHARE your talentWexe2x80x99re looking for someone who has these abilities and skills:
  • At least diploma and/or hold relevant insurance certification or is studying to achieve their certification
  • 2+ years related insurance experience will be an advantage. Candidates without experience with strong interest in insurance will also be considered.
  • Able to communicate effectively, provide guidance and seek input from internal and external stakeholders in a fast paced environment
FIND your futureAXA 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 donxe2x80x99t 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 xe2x88x92 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 atInclusion & DiversityAXA 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. Thatxe2x80x99s 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. Itxe2x80x99s about helping one another xe2x80x94 and our business xe2x80x94 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 . AXA XL is an Equal Opportunity Employer.SustainabilityAt 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 xe2x80x9cRoots of resiliencexe2x80x9d, 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 xe2x80x93 are essential to our future. Wexe2x80x99re committed to protecting and restoring nature xe2x80x93 from mangrove forests to the bees in our backyard xe2x80x93 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. Wexe2x80x99re 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 XLxe2x80x99s xe2x80x9cHearts in Actionxe2x80x9d programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day xe2x80x93 the Global Day of Giving.
For more information, please see axaxl.com/sustainability

AXA XL

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Job Detail

  • Job Id
    JD3559372
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year