Senior Underwriter, Reinsurance Property Facultative

About the role

For assigned line(s) of business, the Property Facultative 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 market share, visibility, and solidify position as a leader in the marketplace by participating in marketing activities.
• Maximize the efficiency of the group, maintain morale, and provide quality service to internal and external customers.

Responsibilities

• Underwrite and produce individual risk accounts with specific annual production/premium goals.
• Maintain client/broker contacts and relationships.
• Contribute to the individual risk audit process.
• Manage individual risk T&E expenditures in coordination with Territory Manager.
• Develop and contribute to an annual personal P&D plan with Property Fac leadership.
• Contribute to division training and new hire onboarding.
• Underwrite terms, conditions, and pricing for new and renewal property facultative business by analyzing account information.
• Achieve consistent satisfactory internal/external audit results by adhering to underwriting, regulatory, and rating guidelines.
• Communicate effectively with underwriting, actuarial, legal, service departments, and claims staff to ensure profitability.
• Maintain and service a book of business by analyzing endorsement requests, participating in large loss meetings, audits, and providing top-quality customer service.
• Participate in strategic planning and business development activities, including identifying key brokers and markets, marketing to external brokers and cedants, and completing action plans.
• Work effectively in a team setting, contributing to high-performance team goals and improving efficiency.

You will report to the Property Facultative Individual Risk Territory Manager.

Requirements

• Moderate experience in the insurance industry, with an emphasis on commercial property insurance/reinsurance.
• Understanding of policy rating and proficiency in policy rating systems.
• Familiarity with policy and contract wording.
• Strong math aptitude.
• Outstanding PC skills.
• Detail-oriented, accurate, with demonstrated organizational skills and flexibility.
• Excellent verbal, written, and interpersonal communication skills.
• Ability to apply creative, analytical, and mathematical skills to problem-solving.
• Self-directed with excellent customer focus, responsiveness, and multitasking abilities.
• Team-oriented with a commitment to excellence.
• Ability to 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. We provide re/insurance solutions for mid-sized companies, multinationals, and individuals by reinventing risk management through a comprehensive capital platform, data-driven insights, leading technology, and an agile, inclusive workspace. We partner with those who move the world forward.

Inclusion & Diversity

AXA XL is committed to equal employment opportunity and considers applicants regardless of gender, sexual orientation, age, ethnicity, origins, marital status, religion, disability, or any other protected characteristic. We foster an inclusive culture to attract, develop, and retain a diverse workforce. Initiatives include:

• Five Business Resource Groups focused on gender, LGBTQ+, ethnicity, disability, and inclusion with 20 chapters globally.
• Support for Flexible Working Arrangements.
• Enhanced family-friendly leave benefits.
• Named to the Diversity Best Practices Index and a signatory to the UK Women in Finance Charter.

Benefits

AXA XL’s Reward program covers health, wellbeing, lifestyle, and financial security with competitive compensation and personalized benefits, including:

• Competitive retirement savings plan.
• Health and wellness programs.
• Learning and development opportunities.
• Matching Gifts program, Volunteering Leave, and Global Day of Giving.

Sustainability

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

• Valuing nature: Protecting and restoring ecosystems, increasing biodiversity awareness.
• Addressing climate change: Building a net-zero strategy, developing insurance products, and advancing thought leadership.
• Integrating ESG: Incorporating ESG into internal processes, training colleagues, and evolving governance.

Pay

The U.S. base salary range for this position is USD 107,600–209,100. Actual pay is determined based on skills, experience, and location.