(Junior) Underwriter, International Property

Paris or Le Mans, France

We are looking for a Assistant Underwriter. You will work within the International Property reinsurance underwriting team, and in accordance with established procedures and guidelines, you will administer and manage new and renewal treaties. You will have an excellent opportunity to gain practical underwriting experience, receive valuable on-the-job training, and obtain a relevant professional qualification in the (re)insurance field to develop and enrich your knowledge of the insurance and reinsurance industry.

You will report to one of our Senior Property Underwriters.

What you’ll be doing

What will your essential responsibilities include?

• Establish rates for new contracts and renewals by reviewing, evaluating, and analyzing the account information and statistics, and assist the senior underwriter in making the decision to accept or decline a risk.
• Review and prepare client data and exposure data, provide and structure the necessary information for pricing, peer reviews and referrals to committees to support the underwriting process. Ensure that all information is entered into the respective underwriting, pricing, and data storage systems and is kept up to date and accurate.
• Analyze the existing reinsurance treaty wordings, and as needed, the underlying insurance policies in order to assess their impact on the risk and profitability of the reinsurance treaties.
• Process slips and clauses promptly, monitor and assist with accounting operations and claims as well as related services.
• Support the implementation of business development activities and ad-hoc project work, such as portfolio optimization, identification of key brokers and markets, action plans from marketing activities.
• Coordinate with other reinsurance offices within International Re and other business units, such as finance, actuarial, segment operations, and claims.
• Work alongside actuaries to develop your technical skills, enhance your ability to price risks, and understand how exposures are measured at the portfolio level.
• Support senior underwriters by participating in internal and external meetings with clients/brokers and establishing and maintaining relationships with brokers and clients to maximize underwriting opportunities

What you’ll bring

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

Required Skills and Abilities:

• Academic requirement: Bachelor’s or Master’s degree or equivalent
• Excellent mathematical skills
• Fluent command of English; German, French or any additional European language is a plus
• Excellent working knowledge of Excel and other Microsoft Office programs.
• Problem-solving oriented and analytical thinker capable of demonstrating adaptability and accuracy, as well as sharp numerical and logical skills, and the ability to make decisions independently using their own judgment.

Desired Skills and Abilities:

• Effective organizational skills, including effective planning, prioritization, and time management. Able to complete tasks to tight deadlines. Demonstration of a ‘can do’ attitude, even under demanding circumstances
• Comfortable taking responsibility for their work, identifying the need to act while working effectively within a team.
• Experience in the reinsurance sector and/or knowledge of insurance is an advantage.

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