Underwriting Assistant – AXA

Title of the Job: Underwriting Assistant

Location: Toronto, ON

Job Description: Underwriting AssistantToronto, CanadaWe invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clients’ potential, thereby fulfilling our own. Take it seriously.Make it fun. Know it matters.The Underwriting Assistant will be a team player within the Underwriting Support Unit of the Commercial E&O, Cyber and Design Professional Divisions and will perform tasks that directly support the Underwriting team. 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. These tasks will be performed with guidance from the Underwriter. 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?UA will be expected to perform all of the following duties and responsibilities based on the requirements of the BU/LOB that he/she supports and with assistance from the underwriter where needed as part of his/her development.

• Liaise with Underwriters, Brokers and Reinsurers on behalf of the Underwriting Support Unit as needed to communicate account status and complete or follow up for outstanding subjectivities.
• Liaise with Underwriters to confirm policy issuance instructions for policies, endorsements, forms, notices, certificates, etc and effectively complete coding/issuance.
• Administer global program accounts by performing territorial analysis and assisting with the program overview as required, engaging the Global Program network and any network partner to see local policy implementation to completion.
• Calculate base rating and apply experience modifications as part of Underwriting package completed by Underwriting Support Unit for Underwriter review – future responsibility.
• Review and analyze informational reports to glean anecdotal information as required by Underwriters (e.g., summarize Loss Runs).
• Respond to internal and external client inquiries in a professional and timely manner.
• Act as an anchor between shared service centers and onshore Underwriting team to make sure the support to Underwriting is seamless.
• Rate premium changes for premium bearing change requests.
• Execute post-bind account management workflow and any handover to Shared Service teams.
• Quality control document output to ensure accuracy of work and that of shared services.
• Monitor the maintenance of electronic file for accounts as required.
• Maintain or exceed the company key performance indicators for overseeing premium coding and policy issuance.
• Develop excellent working relationships and collaborate with Underwriters, Global Program Network, Shared Services, and members of the Underwriting Support Unit.
• Assist with Account Receivable collections and troubleshoot as required to ensure payment received reconciles with premium bound.
• Assist with training and knowledge transfer with Shared Services.
• Potential to participate in projects where the Unit may be requested to provide Subject Matter Experts related to the Underwriting Support Unit.
• Potential to participate in projects that relate to process improvement, new system implementation or upgrade, and procedure documentation as required by the Underwriting Support Unit.

You will report to the Middle Office Operations Manager.QualificationsSHARE your talentWe’re looking for someone who has these abilities and skills:

• Solid competency in MS Office applications: Word, Outlook, Excel and Adobe Standard required.
• Basic competency in Adobe Standard or similar pdf conversion tool.
• Excellent interpersonal, written and oral communication skills.
• Outstanding interpersonal skills in order to work effectively and professionally with diverse groups.
• Excellent attention to detail.
• Proven organizational and problem solving skills.
• Proven prioritization and time management skills with accurate results
• Bachelor’s degree preferred.
• Some insurance experience and/or training; or equivalent combination of education and experience
• Advanced knowledge of commercial insurance policy forms and regulatory requirements.
• CIP Designation preferred but not required.

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 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 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. 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 . 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 “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.

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Company Name: AXA

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