Engineering & Construction Underwriter, North America Reinsurance

About the role

The Engineering & Construction Underwriter will, under direction of assigned manager and in accordance with established procedures: underwrite and maintain/service profitable new and renewal business exercising self-supported judgment based on comprehensive knowledge of policy form terms and conditions and coverage intent; increase our market share, our visibility, and solidify our position as a leader in the marketplace by participating in marketing activities; be dedicated to maximizing the efficiency of the group, maintaining morale, and providing quality service to internal and external customers. You will report to the Head of NA Facultative Reinsurance.

Responsibilities

• Responsible for underwriting and production of individual risk accounts with specific production/premium annual goals.
• Maintain client/broker contacts and relationships as appropriate.
• Contribute to NA Reinsurance and Property facultative audit process as appropriate.
• Manage individual risk T&E expenditures as appropriate in coordination with Head of NA Facultative Reinsurance.
• Contribute to and develop annual personal P&D plan in coordination with NA Reinsurance and Property Fac leadership team.
• Contribute to individual risk division training and new hire onboarding as appropriate.
• Underwrite terms and conditions and establish pricing for new and renewal NA Reinsurance and property facultative business by gathering, reviewing, and analyzing account information.
• Achieve consistent satisfactory internal/external audit results by adhering to underwriting guidelines, regulatory and rating guidelines.
• Effectively communicate with underwriting, actuarial, legal, underwriting service department and claims staff to ensure profitability of accounts.
• Maintain and service a book of business by analyzing endorsement requests, participating in large loss and customer account team meetings, audits and provide top quality customer service to brokers and cedants.
• Participate in the strategic planning and implementation of business development activities including but not limited to: identification of key brokers and markets; participation in marketing to external brokers and cedants, which includes activities and events; completion and implementation of action plans from marketing activities; and accompany other underwriters on broker/client visits as needed.
• Work effectively in a team setting; contribute to the creation and sustaining of a high-performance team by embracing and understanding team and unit goals.
• Contribute to and implement actions to improve performance and efficiency.

Requirements

• Experience in the insurance industry, with an emphasis on Engineering and/or Construction commercial property insurance/reinsurance.
• Understand policy rating and be proficient in the use of policy rating systems.
• Familiarity with policy and contract wording.
• Math aptitude.
• Outstanding PC skills.
• Detail oriented and accurate, with demonstrated organizational skills and flexibility.
• Excellent verbal and written communication skills as well as interpersonal skills.
• Ability to apply creative, analytical and mathematical skills to problem-solving.
• Ability to work without supervision, with excellent customer focus, responsiveness and multi-tasking abilities.
• Team-oriented with a consistent commitment to excellence.
• Ability to enter information accurately and work in a fast-paced environment.

About the company

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.

Benefits

Inclusion

AXA XL is committed to attracting, developing, advancing and retaining the most inclusive workforce possible, and creating a culture where everyone can bring their full selves to work and reach their highest potential.

• 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.

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 enterprising compensation and personalized, inclusive benefits that evolve as you do.

• Enterprising retirement savings plan.
• Health and wellness programs.
• Wide range of learning opportunities for colleagues to hone their professional skills and position themselves for the next step of their careers.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. 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: 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: Building a net zero strategy, developing insurance products and services, and mobil