Automatic Facility Underwriter

About the role

As a Facility Underwriter for Automatic Property Facultative Reinsurance, you will underwrite new and renewal commercial Automatic Property Reinsurance Facility business, represent the company at industry marketing events, develop client relationships, and contribute to the efficiency and morale of the underwriting group while providing quality service to internal and external customers.

You will report to the Property Automatic Facultative Division Manager.

Responsibilities

• Underwrite and produce automatic property and inland marine agreements.
• Maintain client and broker contacts and relationships.
• Contribute to the hybrid facultative audit process.
• Manage travel and expense expenditures in coordination with the Division Manager.
• Develop and contribute to an annual personal performance and development (P&D) plan with Property Fac leadership.
• Contribute to risk division training and new hire onboarding.
• Underwrite terms, conditions, and pricing for new and renewal automatic property facultative business by analyzing account information.
• Achieve consistent satisfactory internal and external audit results by adhering to underwriting, regulatory, and rating guidelines.
• Communicate effectively with underwriting, actuarial, legal, underwriting service, and claims staff to ensure account profitability.
• Maintain and service a book of business by analyzing special acceptance requests, participating in large loss and customer account team meetings, audits, and providing top-quality customer service to brokers and cedants.
• Participate in strategic planning and business development activities, including identifying key brokers and markets, marketing to external brokers and cedants, and accompanying other underwriters on broker/client visits.
• Work effectively in a team setting, contributing to the creation and sustainability of a high-performance team.
• Contribute to and implement actions to improve performance and efficiency.

Requirements

• Underwriting experience, preferably in Property and Inland Marine lines.
• Exposure to the insurance industry, with commercial property insurance experience preferred.
• Reinsurance experience is a plus.
• Knowledge of underwriting structures, rating methodologies, and policy rating systems.
• Familiarity with insurance policy language and contract wording.
• Strong mathematical and analytical skills.
• Proficiency with Microsoft Office and other business systems.
• Attention to detail, accuracy, and organizational skills, with the ability to manage multiple priorities.
• Effective written, verbal, and interpersonal communication skills.
• Problem-solving abilities and capacity to apply analytical and quantitative thinking.
• Ability to work independently while maintaining a customer-focused approach.
• Ability to manage multiple tasks in a fast-paced environment.
• Collaborative approach and commitment to quality and excellence.
• Data entry and information management skills with a focus on accuracy.

About the Company

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. We provide re/insurance solutions for mid-sized companies, multinationals, and individuals by combining a comprehensive capital platform, data-driven insights, leading technology, and a talented workforce in an agile and inclusive workspace. Our innovative and flexible approach to risk solutions partners with those who move the world forward.

Benefits

• Competitive retirement savings plan.
• Health and wellness programs.
• Wide range of learning opportunities for professional development.
• Inclusive culture with five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability, and inclusion, with 20 chapters globally.
• Robust support for Flexible Working Arrangements.
• Enhanced family-friendly leave benefits.
• Matching Gifts program, Volunteering Leave, and an annual Global Day of Giving.

Pay

The U.S. base salary range for this position is USD 91,000 – 123,000. Actual pay will be determined based on skills, experience, and location.

Sustainability

Sustainability is integral to AXA XL’s business strategy. Our 2023-26 Sustainability strategy, "Roots of resilience," focuses on:

• Valuing nature: Protecting and restoring natural ecosystems by increasing biodiversity awareness and inspiring clients and colleagues to prioritize nature.
• Addressing climate change: Building a net-zero strategy, developing insurance products and services, and advancing thought leadership and investment in societal-led solutions.
• Integrating ESG: Incorporating ESG considerations into internal processes and practices to build resilience from the roots of our business.