AXA
Pricing Underwriter
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About AXA
AXA is a global leader in insurance and financial services, dedicated to helping customers protect what matters most to them. As the sixth-largest insurance company in the world, we provide a wide range of services, including health, car, home, and business insurance. We support millions of customers worldwide, helping them navigate life's uncertainties with confidence.
AXA Health supports members to put their health first, from individuals to huge corporates, with fast access to diagnosis and treatment when they need it.
Job overview
Here at AXA Health, we’re excited to announce new opportunities for 2 Pricing Underwriters to join our dynamic commercial department. One of the roles we have advertised is permanent and the other is a 12-month fixed-term contract.
As a Pricing Underwriter, you’ll be responsible for setting prices and managing a varied portfolio of large corporate renewals. Your role will involve negotiating terms, tracking portfolio performance, and understanding how your efforts influence overall Large Corporate results. You’ll apply your risk assessment expertise to underwrite large corporate clients, working closely with our sales team to support the renewal of existing accounts and to attract new business. An exciting aspect of this position is the opportunity to participate in diverse projects that may go beyond the large corporate sector, helping you expand your skills and make a meaningful impact. Join us and contribute to our pursuit of excellence!
Key responsibilities
- Price new business and renewals for large corporate group Private Medical Insurance (PMI) accounts.
- Provide technical pricing support and assist sales account managers and other stakeholders with justification of terms to enhance the negotiation process.
- Engage in diverse projects that may extend beyond the large corporate sector, expanding your expertise and impact.
- Support training initiatives through collaboration with the Pricing Manager to train new team members and assist in the pricing training of sales colleagues.
- Manage and monitor the performance of your portfolio to gain insights into its contribution to overall Large Corporate results.
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Work arrangements
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 two days a week (40%) away from home, moving to three days a week (60%) in the future. Away from home means attending the office in Tunbridge Wells, visiting clients, or attending industry events. You’ll be required in the office for 5 days per week for the first 8-12 weeks of your training.
We know that some candidates may be discouraged from applying if they don't meet every requirement. If you’re excited by this job and the prospect of working at AXA but you’re not sure you tick every box, we’d still encourage you to apply.
Your skills & experience
- Demonstrable understanding of risk elements and performance metrics for corporate clients.
- Strong logical thinking, with a keen eye for detail to ensure accuracy.
- Exceptional self-organisation capabilities to manage tasks effectively.
- Strong excel and mathematical skills.
- Ability to manage your own portfolio and workload efficiently.
- Understanding of the PMI market and broader business landscape is desirable.
- Effective communication skills to foster constructive relationships with sales colleagues and stakeholders.
- Desire to thrive in high-pressure situations, utilising your negotiation and influencing skills to navigate requests from clients and brokers.
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Internal candidates are encouraged to apply for the fixed-term role as a secondment opportunity through the internal careers site.
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.
How to apply
To apply, click on the ‘apply now’ 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 condition or disability and require 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-insurance.co.uk.
We encourage you to apply for this opportunity as soon as possible, as we may close this advert earlier than the listed closing date.
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