Senior Underwriter

About the role

The Senior Underwriter - Facultative Automatic Facilities US for AXA XL Reinsurance North America business will underwrite and maintain profitable new and renewal business, participate in underwriting and marketing activities, and maximize the efficiency of the group while providing quality service to internal and external customers.

Responsibilities

• Underwrite and produce automatic facility accounts achieving individual and division profitability and premium line with annual budgeted targets.
• Underwrite terms and conditions and establish pricing for new and renewal automatic facility business by gathering, reviewing, and analyzing account information.
• Contribute to consistent satisfactory internal/external audit results by adhering to underwriting guidelines, regulatory, and rating guidelines.
• Manage internal AXA XL relationships and effectively communicate with underwriting, actuarial, legal, underwriting service department, and claims staff to ensure proper handling of accounts.
• Maintain and service a book of business by analyzing endorsement requests and special acceptances to provide customer service to customers and brokers.
• Participate in strategic planning and implementation of business development activities including identifying key opportunities, completing and implementing action plans from management, and travel to customer/broker visits as needed.

Requirements

• Substantial experience in the Reinsurance industry, with an emphasis on Programs, Facultative Facilities, or Commercial Property Treaty or Automatic Facility Reinsurance.
• Extensive experience with policy and contract wording, actuarial pricing models, and natural catastrophe modeling.
• Comprehension of policy / contract wording, policy rating, and proficiency in the use of policy rating systems.
• Detail-oriented and accurate; demonstrated organizational, interpersonal, written, and verbal communication skills.
• Math aptitude.
• Outstanding PC skills.
• Property and Inland Marine Underwriting Background.

Qualifications

• Must have a Bachelor's degree in Actuarial Science, Insurance, Risk Management, or a related field.
• Must have a minimum of 5 years of relevant experience in reinsurance underwriting.
• Must have a valid driver's license and reliable transportation.

Skills

• Team-oriented and have a consistent commitment to excellence.
• Able to enter information accurately and work in a fast-paced environment.
• Ability to apply creative, analytical, and mathematical skills to problem-solving.
• Can work independently and has excellent customer focus and responsiveness.

Benefits

AXA XL offers a competitive total rewards package including:

• Health and wellness programs.
• Retirement savings plan.
• Volunteering leave.
• Global Day of Giving.

Pay

Actual pay will be determined based upon the individual’s skills, experience, and location. The U.S. base salary range for this position is USD $107,600- $209,100.

Schedule

The Senior Underwriter - Facultative Automatic Facilities US works standard business hours.

Company Information

AXA XL is an Equal Opportunity Employer. Learn more about our commitment to diversity and inclusion at Inclusion & Diversity at AXA XL.