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 the Territory Manager.
• Develop and contribute to an annual personal P&D plan in coordination with Property Fac leadership.
• Contribute to individual risk division training and new hire onboarding.
• Underwrite terms, conditions, and pricing for new and renewal property facultative business by gathering, reviewing, and analyzing account information.
• Achieve consistent satisfactory internal/external audit results by adhering to underwriting, regulatory, and rating guidelines.
• Communicate effectively with underwriting, actuarial, legal, underwriting service departments, 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 providing top-quality customer service to brokers and cedants.
• Participate in strategic planning and implementation of business development activities, including identification of key brokers and markets, marketing to external brokers and cedants, and completing action plans from marketing activities.
• Work effectively in a team setting, contribute to creating and sustaining a high-performance team by embracing and understanding team and unit goals.
• Contribute to and implement actions to improve performance and 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 the use of 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 and written communication skills, as well as interpersonal skills.
• Ability to apply creative, analytical, and mathematical skills to problem-solving.
• Self-directed with excellent customer focus, responsiveness, and multi-tasking abilities.
• Team-oriented with a consistent 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 with a comprehensive and efficient capital platform, data-driven insights, leading technology, and a talented workforce in an agile and inclusive workspace. We partner 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 benefits that evolve with your needs.

For more details, visit US Benefits at a Glance.

Pay

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

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 focus on attracting, developing, advancing, and retaining an inclusive workforce.

• 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.
• Named to the Diversity Best Practices Index.
• Signatory to the UK Women in Finance Charter.

Learn more at Inclusion & Diversity at AXA XL.

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, 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, training colleagues, engaging external partners, and evolving sustainability governance and reporting.
• AXA Hearts in Action: Volunteering and charitable giving programs, including Matching Gifts, Volunteering Leave, and the annual Global Day of Giving.

For more information, visit Sustainability at AXA XL.