Professional Indemnity (PI) Underwriter

The AXA UK Commercial Financial Lines team are currently looking to Grow our Professional Indemnity book and are excited to bring to market an opportunity to join them as a Professional Indemnity New Business Underwriter. The role will provide the individual a great opportunity to gain exposure of the market and develop key technical skills, whilst under the guidance of a specialist and supportive team. 

Our Professional Indemnity Policy (PI) is the insurance purchased by companies and individuals to protect themselves against claims for allegations of errors in the provision of their services. These firms can range from Accountants to Zoologists. The role will involve analysing the exposure, setting terms and selling cover to our Brokers via our open market distribution network.

As a Professional Indemnity New Business Underwriter, you'll be dealing with Brokers, providing excellent service and working to demanding targets; along with your natural ability to build relationships and deal comfortably and confidently with people over the phone, face to face and industry events. You'll have the opportunity to gain a good understanding of this specialist team, what it does and where it sits within the wider AXA business.

What you’ll be doing:

As Commercial PI New Business Underwriter you’ll help drive and transform how we partner our broker portfolios, through responsive, flexible, and collaborative relationships. With a strong balance of technical and trading capability, you’ll be empowered to make decisions, supported by data, insight, and decision support tools on mobile technology to succeed. You’ll be focused on developing and delivering profitable growth, across new business within the key markets.

• Deliver on trading team targets through profitable underwriting of our Professional Indemnity product for New Business, whilst developing key relationships and credibility with brokers and customers.
• You’ll be proactive, outgoing and confident in dealing with our partner brokers across your region, retaining and maximising business through the delivery of exceptional customer service.
• Underwrite our Professional Indemnity product for SME customers profitably, accurately, consistently using the full range of appetite and tools available.
• Be an advocate for AXA contributing to meetings with brokers to secure clients.
• Monitor the overall performance of the book you’re responsible for and ensuring remedial action is taken to correct any performance issues.
• Developing broker relationships to enhance their knowledge of our products and appetite.
• Take ownership of a specialism within the Financial Lines trade sectors.

At AXA we work smart, empowering our people to balance their time between home and the office in a way that works best for them, their team and our customers. You'll work at least 60% of your week away from home, either at one of our office locations, visiting Brokers or attending industry events.

What we’re looking for:

• Keep an open mind: Keen to learn and challenge the status quo, able to approach tasks from different perspectives while focusing on helping colleagues and customers.
• Stay curious: You’ll be perceptive of what our customers and the market wants and bring that knowledge into your work, whilst making the most of AXA’s development opportunities.
• Be a team player: Able to use your unique skills and knowledge to collaborate with your colleagues, take accountability and discover new ways of doing things.
• Cert CII qualification with DIP CII desirable
• High level of technical underwriting expertise. You’ll possess a strong trading capability, commercial awareness and expert negotiation skills.
• Ability to build strong broker relationships and a sound understanding of the current commercial insurance market.
• Sound knowledge of legislative and regulatory requirements for insurance, including treating customers fairly.
• Developed analytical skills with proven experience of account monitoring and action planning.
• You’ll be pragmatic and a confident decision maker, with meticulous numerical reasoning skills.

As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom.

This position has been defined as an Insurance Distribution Directive (IDD) role under the IDD regime which means that in addition to pre-employment screening checks, the successful candidate will be subject to background screening every 4 years with an annual declaration in interim years.

With a presence in over 60 countries, and 165,000 employees serving the needs of 107 million customers, AXA is big.

But never too big to care for every single person who works here.  So when you join us, we promise to put our collective might behind you and your career.

You’ll work in an open and supportive environment where you’ll be developed, challenged and encouraged to move around to achieve even bigger and better things – nationally and internationally. You’ll learn directly from senior leaders, from the best in our business. And you’ll enjoy real responsibility, really early on.

Every large company today talks about supporting diversity and inclusion. But at AXA UK, these values form an integral part of everything we do. For us, it’s about bringing together the best talent, helping people to realise their full potential by being 100% themselves at work and delivering outstanding service to everyone – regardless of difference. 

AXA Commercial protects businesses, from multinationals to micro start-ups, giving them the confidence to thrive. We’re currently making our biggest ever investment to develop the expertise and skills we need to be the best. We’re a vibrant community where everyone is supported to learn, develop, and take ownership of their work.

At AXA UK, we’re appreciative of the people who work for us and our rewards package is reviewed regularly to reflect that. You can expect to receive:

• Competitive annual salary dependent on experience 
• Annual company & performance-based bonus
• Contributory pension scheme (up to 12% employer contributions)
• Life Assurance (up to 10 x annual salary)
• 25 days annual leave plus Bank Holidays
• Opportunity to buy up to 5 extra days leave or sell up to 5 days leave
• AXA employee discounts
• Gym benefits

To apply, click on the ‘apply for this job’ button, you’ll then need to log in or create a profile to submit your CV. We’re proud to be an Equal Opportunities Employer and don’t discriminate against employees or potential employees based on protected characteristics. If you have a long term health condition or disability and require reasonable adjustments during the application or interview process, we’re proud to offer access to the AXA Accessibility Concierge. For our support, please send an email to mel.ainscough@axa-uk.co.uk.

#LI-Hybrid