Insurance Contract/Audit Senior Analyst

Your responsibilities

What will your essential responsibilities include?

Monitoring the “Life cycle” of a scope of APAC & Europe Delegated Underwriting Arrangements (DUAs)

Onboarding new DUAs, including new DUAs to existing Delegated Agents

Facilitating the review of new and renewal DUA contracts; Due diligence of material changes to a DUA

Confirming completion of contract certainty – binder (slip) + Acknowledgement of Terms signatures

Confirming underwriter DA authority in Statement of Authorities

Confirming non-renewal of DUAs and where necessary planning run-off audits (liaising with Legal issuing formal notice of cancellation)

Maintaining cover holder repository of binding authority agreements up to date with latest information

Improving Data & Controls management

Increasing data quality / and processes around binding authority agreements

Monitoring of Delegated Arrangement scope (contractual and process update in distributor database CATS ensuring strong link with operating systems)

Participating in the governance instances concerning DUA

Conduct Risk Delegated Oversight Committee and Delegated Governance Committee of APAC/EUR business unit

Act as secretary of given committee and/or present summaries of activity, analysis and reports to committee for information and decision

Contributing to the audit and review processes

Monitoring of Regular external Audit process of cover holder

Supporting annual review of Delegated Agents (including financial reviews)

Facilitating DUA underwriters to complete quarterly bordereaux reviews (leveraging offshore Middle Office teams)

Managing the Delegated Authority Incident Tool, and reporting to CRDOC/DGC as required

This position reports to the: Head of Transversal Underwriting Operations.

Our requirements

FIND your future

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 strong 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

Corporate Responsibility

At AXA XL our approach to corporate responsibility (CR) is the same as our approach to business; constantly seeking to provide innovative solutions to the world’s most complex problems. From offering our expertise, products and services to help build more resilient communities, to advancing understanding and response to climate change, our strategy – Our Impact. Our Future. – aligns key issues that are pertinent to our business – climate, water and financial resilience - and contributes to AXA Group’s purpose to “Act for human progress by protecting what matters.”.

Climate: We’re reducing our carbon footprint, protecting ecosystems and exploring how our business can help build a better world.

Water: We’re developing water resilience where it is — and will be — needed most.

Financial resilience: We’re helping create opportunities for the unemployed and underemployed, so they can be better prepared for unexpected changes.

Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as our “Hearts in Action” programs.

For more information please see the Corporate Responsibility section on our website.

Inclusion & Diversity

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 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, while creating 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