Senior Underwriter, Property Large Commercial (East Zone)
AXA XL · Philadelphia, PA · 1 wk ago
FinanceFull-time
About the role
We invent the new to help the world move forward. Leveraging strategic analytics and deep insights, we develop big ideas and innovative solutions that maximize our clients’ potential, thereby fulfilling our own. Come be a part of our inspiring team and help create the future.
Responsibilities
- Underwrite and service a renewal book and produce new business in accordance with business unit goals.
- Develop and manage underwriting strategies for both renewals and targets within your portfolio of accounts.
- Represent AXA XL in client meetings with senior Fortune 500 and broker senior executives.
- Calculate appropriate risk premium, exercise discretion and self-supported judgment in the analysis and evaluation of risk.
- Participate in roundtable discussions on risk assessment.
- Negotiate with producers within the limits of delegated authority and in accordance with established underwriting standards to achieve profit objectives.
- Build and enhance relationships with brokers and clients and identify and establish new distribution relationships.
- Maintain expertise with the products, services, priorities and target markets to more effectively enable clients to uncover hidden risks.
- Promote the company's expertise by participating in industry conferences and events and conducting leadership roles in client and broker meetings to educate on risk.
- Maintain compliance with all internal and external underwriting guidelines and legal requirements.
- Support the business planning and forecasting process; monitor financial exposure within outlined limits; monitor premium income to ensure it remains within set limits.
- Maintain awareness of all claims advised while supporting and providing input on settlement of claims.
- Identify and drive new product development opportunities.
- EFFECTIVELY cross-market with other AXA XL lines; meet with brokers and insureds as required.
- Cultivate key broker relationships in the region to maintain a steady stream of business within our underwriting appetite.
- Work collaboratively in a team environment, assisting underwriters, underwriting assistants and management team.
Requirements
- Extensive underwriting experience of large property and multi-national accounts.
- Large Commercial Property insurance experience required.
- Bachelor’s degree (or equivalent).
- Demonstrated technical knowledge and skills including product and industry.
- Demonstrated ability to represent AXA XL with appropriate gravitas, professionalism and sound judgment.
- Robust analytical and problem-solving skills as well as outstanding sales and marketing abilities.
- Robust organizational, time-management and multi-tasking skills combined with an outstanding work ethic.
- Ability to develop and understand business processes, strategy and planning.
- Ability to work self-directed.
- Ability to respond to a changing environment with flexibility and innovation.
- Robust customer service and negotiation skills.