Underwriting Assistant
$60.6k - $86.2kAXA GROUP
Underwriting Assistant Chicago, IL As an Underwriting Assistant, you will support the Underwriting team and act as the 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 with Underwriting oversight. We will have opportunities supporting the following lines of business:
Actual pay will be determined based upon the individual's skills, experience and location. We strive for market alignment and internal equity with our colleagues' pay. At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers. For more details about AXA XL's benefits offerings, please visit US Benefits at a Glance_2026.pdf.
- Middle Market - Excess Casualty
- Middle Market - Package
- Inland Marine
- Group Captives : provides specialized insurance solutions for organizations that establish their own insurance company-known as a captive-to manage risk. The team supports customized coverage, underwriting, policy administration, regulatory compliance, and risk-financing strategies tailored to each organization's needs.
- Pre-underwrites, evaluates risk, and assesses completeness of the underwriting package before underwriter is required to review. Communicate directly with Brokers on behalf of the Underwriters to collect account and insured information necessary for risk analysis.
- Perform and apply knowledge of line of business specific product underwriting rules and/or guidelines for pre-analysis support of submission in preparation of further analysis for quoting stage.
- Collaborate effectively with Underwriters, Brokers, Reinsurers, and internal units within AXA XL to manage the status and workflow of multiple tasks and accounts y
- Communicate account status to ensure completion of outstanding subjectivities needed to execute policy issuance and premium collection as part of bound accounts.
- Develops initial pricing, basic coverage structuring, quotation, and binder packages of the risk on behalf of the underwriter. Calculate base rating and apply experience modifications as part of underwriting package completed by Underwriting Support Unit for Underwriter review.
- Manage the workflow of multiple tasks and maintain a detailed understanding of the status of various tasks owned by Underwriters, Brokers, Reinsurers, AXA XL internal network, and Fronting Partners around the world.
- Collaborate and correspond verbally and in written format with internal and external contacts across the world, keeping in mind differences in local language, time zones, and good local standard, to achieve a high level of service and meet client expectations.
- Utilizing the SalesForce platform, ensuring accurate and timely input of information critical to the needs of underwriting team for the purpose of work tracking, productivity and service delivery.
- Potentially participating in projects where the Unit may be requested to provide Subject Matter Experts related to the Underwriting Support Unit.
- Assessing when it is necessary and performing quality control of coding and issuance output to ensure accuracy of work (e.g. exposure bases, limits, coverage extensions, modifications, data entry, etc.).
- Collaborating closely with Underwriters, Product Management, Legal and Regulatory as necessary to perform pre-bind activities and to confirm policy issuance instructions and manuscript wordings, regulatory notices, certificates, etc.
- Bachelor's degree, or some related insurance experience and/or training; or equivalent combination of education and experience
- Robust interpersonal skills in order to work effectively and professionally with diverse groups
- Proven prioritization and time management skills with accurate results.
- Organizational, problem-solving and critical thinking skills
- Competency in Microsoft Office (Word, Outlook, and Excel), Internet Explorer and Adobe Acrobat (or similar PDF conversion tool).
- Excellent written and oral communication skills.
- 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
- 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.
Actual pay will be determined based upon the individual's skills, experience and location. We strive for market alignment and internal equity with our colleagues' pay. At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers. For more details about AXA XL's benefits offerings, please visit US Benefits at a Glance_2026.pdf.
Vacancy posted 4 days ago
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