Underwriter, Cyber

138 Market St #10-01 & 03-02 (Lloyd's), SINGAPORE, SG, 048946
- UNDERWRITING
- 8322
- Band C

**Underwriter, Cyber & Financial Lines**

Singapore - Hybrid Working Mode

Delivering a profitable ‘Underwriting’ service to your clients. Key tasks include: underwriting business within the agreed business plan and individual authority; supporting the business planning and forecasting process; monitoring financial exposure within outlined limits; monitoring premium income to ensure it remains within set limits; maintaining awareness of all claims advised while supporting and providing input on settlement of claims; ensuring adequate reinsurance acquired to cover specific risks; building and maintaining relationships with brokers and clients; supporting the design and structure of risks.
- This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime._

**What you’ll be DOING**

Act as the Cyber and Financial Lines Underwriter, you will be responsible for working within authority limits on assignments reflecting the expert degree of technical complexity and coordination under management direction. Key responsibilities will involve underwriting business in line with the business plan; assisting the planning and forecasting process; monitoring aggregate exposure within agreed limits; monitoring premium income to ensure it remains within agreed limits; maintaining awareness of all claims advised; supporting and providing input on settlement of claims advised; building and maintaining relationships with brokers and clients; supporting the design and structure of risks; identifying and driving new product development opportunities.

What will your essential responsibilities include?
- Underwrite and service a renewal book and produce new business in accordance with business unit goals. Develop and execute underwriting strategies for both renewals and targets within your portfolio of accounts, including knowledge of the current penetration by product, cross marketing penetration and specific plans to increase company share.
- Exercise discretion and independent judgment in the analysis and evaluation of risk.
- Negotiate with producers within the limits of delegated authority and in accordance with established underwriting standards to achieve profit objectives.
- Build and enhance relationships with brokers and clients and identify and establish new distribution relationships.
- Maintain expertise with the products, services, priorities and target markets to more effectively enable clients to uncover hidden risks.
- Promote the company's expertise by participating in industry conferences and events while regularly conducting and taking leadership roles in client and broker meetings to educate on risk.
- Support the business planning and forecasting process; monitor financial exposure within outlined limits; monitor premium income to ensure it remains within set limits.
- Maintain awareness of all claims advised while supporting and providing input on settlement of claims.
- Effectively cross-market with other 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.

You will report to the Underwriting Manager.

**What you will BRING**

We’re looking for someone who has these abilities and skills:
**Required Skills and Abilities**:

- Bachelor’s degree preferred with equivalent experience, policy development and broker management.
- Possess a high and extensive level of technical knowledge and skills including product & industry, preferably in International Financial Lines industry while Cyber experience is a plus.
- Ability to work independently.
- Marketing - Effectively plan for sales and business development. Integrating the use of various techniques, tools, and information to support profitable business growth over a defined period.
- Negotiation/Sales - Plan, structure and conduct negotiations with brokers and/or clients to reach outcomes that gain the support and acceptance of all parties.
- Interpersonal Savvy - Build excellent interpersonal relationships with brokers, clients & colleagues with the intention of im-proving personal profile and reputation within AXA XL and the broader market.
- Industry Knowledge - Understanding of the insurance industry and specific product portfolios to positively impact the underwriting business.
- Analytical Skills - Visualize, gather information, articulate, analyze and solve complex problems in order to make key business decisions.

**Desired Skills and Abilities**:

- Experience in the IFL/Cyber Underwriting World
- Management Liability and Financial Institutions Underwriting capabilities
- Cyber Underwriting and Risk Assessment
- Strong interpersonal skills to manage stakeholders

**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