Underwriting Assistant

2 days ago

Singapore AXA Full time
Underwriting Assistant Singapore The Underwriting Assistant will become an expert in the field of Multinational Insurance. Duties include the end-to-end servicing of multinational insurance placements, both locally and internationally placed. The Underwriting Assistant for the Multinational team primary responsibility to handle renewals and new programs and associated endorsements on behalf of underwriters as well as other services that support the underwriting process for assigned geographic areas/product line of his/her team.
DISCOVER your opportunity What will your essential responsibilities include?
  • Coordinating with Network partners and local branch from various countries to ensure timely implementation of our insurance programs, i.e. ensure related data is complete and accurate to instruct local policy details.
  • Proactively engage with Underwriters to ensure an efficient transfer of key information in order to instruct and manage our placements around the world.
  • Address requests originating from client/broker immediately and refer to Underwriters.
  • Maintain expert level knowledge of systems and processes and keep abreast of new guidelines.
  • Keep track of implementation progress and liaise with local staff to resolve queries.
  • Handling of policy wording and endorsements including triaging, segmentation, calculations, preparing Endorsement document and follow up with brokers/cedants
  • Collaboration with offshore team on queries and issues to ensure data quality and accountable for correct financial bookings in processing systems by support teams.
  • Support Credit Control team in premium collection, account reconciliation and chasing.
  • Diligently follow-up on outstanding items and documentation with brokers, network partners and shared services.
  • Involvement in team meeting, knowledge sharing and issue resolution.
  • Ensure data quality accuracy ratios at the defined level/metrics.
  • Coordinate and contribute to external and internal branch audits.
  • Support Team Leader on other operational matters, such as – participating in Projects or UATs, implementing new processes or new guidelines.

You will report to the Middle Office Team Lead, Singapore.

SHARE your talent We’re 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 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

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