Underwriter Cyber & PI
Amsterdam, The Netherlands – Hybrid working mode
Are you ready to gain experience around underwriting Cyber and Professional Indemnity insurance? Would you like to work in a fast growing, entrepreneurial practice?
We have an exciting opportunity for an ambitious Underwriter to join our Financial Lines team as a Underwriter Cyber and Professional Indemnity – if that could be you, please get in contact.
As an Underwriter you will underwrite Cyber and Professional Indemnity insurances in the Benelux.
You will have co-responsibility for proper risk selection, mix of business management, pricing strategies, adherence to underwriting guidelines and quality analysis for the lines of businesses PI and Cyber. Depending on your background and experience, specific courses are available through the AXA XL Cyber Center of Excellence as to ensure you can acquire and grow your skillset to reach your potential and, together with your colleagues, reach the set targets and goals.
We 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.
You will report to the Underwriting Manager Financial Lines Benelux. The position requires travelling, both domestically and abroad.
What you’ll be doing
- Assessing the cyber and professional indemnity risk of clients by meeting with clients to understand and get to know clients’ (cyber) maturity and their risk profile
- Reviewing submissions in order to decide on insurability - based on guidelines, risk appetite and risk interpretation - and negotiating terms and conditions of the insurance contract
- Building and maintaining relationships with both clients and brokers
- Proactively advising, assisting, servicing and following up with clients on insurance and risk management matters to ensure satisfaction and fulfillment of their insurance requirements
- Working collaboratively in a team environment, assisting underwriters, underwriting assistants and management team
- Maintain awareness of all claims advised while supporting and providing input on settlement of claims
- Actively promoting the AXA XL brand within the Benelux market
- Expand and manage the PI and Cyber portfolio with profitable and sustainable growth
- Establish strategies and action plans with the Underwriting Manager Benelux and with the product line Chief Underwriting Officer’s for Cyber and Professional Indemnity
- Oversee business development, generate submission flow to meet specific targets, and identify up-sell/cross-sell opportunities initiatives with other lines of businesses
- Anticipate market trends and keep track of specific underwriting issues
What you’ll bring
We’re looking for someone who has these abilities and skills:
Required Skills and Abilities:
- Eager to learn all about Technology PI and Cyber insurance underwriting
- Bachelor/Master’s degree in Cybersecurity, Computer Science, Law, Finance/Business, Insurance or other related fields
- A team player, with an open mind and an ambition to learn and grow
- Ability to respond to a changing environment with flexibility and innovation
- Excellent communication skills (both written and verbal) in English and Dutch
Desired Skills and Abilities:
- Passionate about doing business, negotiating and driving growth in a competitive market
- Organizational skills, ability to prioritize with both individual and the team’s best interests in mind
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
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.