Senior Underwriter, Political Risk, Credit & Bond

Full Job Description

Job Description - Senior Underwriter, Political Risk, Credit & Bond (78002903R1D20231003)

Job Description

Senior Underwriter, Political Risk, Credit & Bond ( Job Number: 78002903R1D20231003 )

DISCOVER your opportunity

Political Risk, Credit & Bond

In this role, you will work as part of an experienced, global underwriting team to originate and underwrite political and credit risks across the Asia region. This role requires an ability to think creatively, be aware of current economic and political issues and demonstrate a strong ability to problem solve. Leveraging AXA XL’s global capabilities and strong balance sheet you will help with the continued growth plans for the Asia business.

DISCOVERyour opportunity

What will your essential responsibilities include?

· General business development activities and ongoing relationship management with customers and broker partners across the Asia region, whilst building and maintaining an active pipeline of business opportunities.

· Working with banks, export credit agencies, multilateral development banks, corporate institutions and other non-bank financial institutions to support their credit and political risk insurance requirements across a broad geographic region and covering the full spectrum of risk appetite.

· With a strong focus on emerging markets, the role requires you to apply strong credit and geopolitical analysis skills to identify opportunities where insurance coverage will provide value to our customers for risks that fit within the target risk appetite.

· Actively developing and managing a portfolio of credit and political risk exposures in the region as a sub-set of the global portfolio, working with colleagues to align the risk appetite in Asia to ensure long term profitability and sustainable growth of the business.

· Designing creative and innovative insurance coverage solutions to support customer demands, enabling AXA XL to remain a leading player in the market.

· Be accountable for the various activities with respect to all underwriting decisions made, including operational compliance, effective risk analysis, legal wording review and exposure/aggregate management.

· Contribute to the ongoing growth and development of the wider team (locally and globally) through sharing of experience, coaching and guiding other team members.

· This role may require travel for business purposes across the Asia region.

This role will report to the Underwriting Manager – Political Risk, Credit & Bond, Asia based in Singapore.

We’re looking for someone who has these abilities and skills:

· 10 years of relevant experience in the banking or insurance sector (or other financial institution) with a focus on credit and/or political risk analysis. Specific expertise in trade and export finance, project finance or structured credit are also preferred, but not essential.

· Proven ability to build excellent interpersonal relationships with customers and brokers within a diverse geographic region and across various business cultures with a view to developing long term profitable business partnerships.

· Effectively plan and lead sales and business development activities for the team, integrating the use of various techniques, tools, and information to support profitable business growth.

· Strong credit analytical skills with a deep interest in global economic and political affairs.

· Ability to respond to changing market conditions and have strong initiative to capture business opportunities as they arise, and to construct innovative solutions for customers.

· Fundamental working knowledge of all relevant systems such as Microsoft Office and other business platforms used in financial institutions.

· Excellent communication skills and an ability to clearly communicate business strategy, financial outcomes and plans as well as human resource issues to key stakeholders.

· Strong collaboration and teamwork qualities that promote a positive and inclusive working environment amongst the team and other colleagues, and which align with the AXA XL’s core values and culture.

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 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.

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, 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

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.

• 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

AXA XL is an Equal Opportunity Employer.

Location : SG-SG-Singapore Work Locations : SG Singapore 138 Market St 138 Market St #10-01 & 03-02 (Lloyd's)CapitaGreen Singapore 048946

Schedule : Full-time

Job Type : Standard

AXA XL is an Equal Opportunity Employer and does not discriminate against any colleague or applicant for employment on the basis of race, color, national origin, religion, sex, gender identity and/or expression, sexual orientation, age, disability, genetic information, veteran status, military status or any other category protected by local law.