Senior Construction Underwriter

XL CATLIN; New South Wales; On-site; USD 52,069 - 78,104; Full time

Job summary

Join a forward-thinking company as a Senior Construction Underwriter, where your expertise in underwriting large and complex projects will be pivotal in expanding the Construction portfolio in Australia. You'll collaborate with a team of experienced professionals, leveraging your analytical skills and industry knowledge to navigate the dynamic insurance landscape. This role offers a unique opportunity to influence underwriting results and contribute to strategic growth while fostering strong relationships with brokers and clients. If you thrive in a collaborative environment and are eager to make a meaningful impact, this position is designed for you.

Qualifications

• 3-4+ years of experience in Construction underwriting.
• Strong background in writing large complex corporate risks.

Responsibilities

• Underwrite and manage a renewal book and produce new business.
• Negotiate within delegated authority and established standards.
• Engage effectively with brokers to ensure relationship growth.

Skills

Analytical Skills

Interpersonal Skills

Commercial Awareness

Technical Underwriting

Flexibility and Innovation

Education

Bachelor's Degree

Job description

Job Description

Job Number:

Senior Construction Underwriter (25ET0001D20240716)

Sydney, NSW / Melbourne, Victoria

AXA XL is looking for an experienced underwriter to take a prominent role in growing our Construction portfolio in Australia.

The role will include underwriting of large and complex projects. The right candidate will be able to draw upon a solid background of technical underwriting in engineering, renewables, power, oil and gas, or a similarly complex line of business.

You will have the support of highly qualified and experienced risk engineers in the underwriting process and actuaries to help you quantify and price these risks.

You will be working alongside an established team of Energy and Construction underwriters, who enjoy what they do a great deal, are able to have fun, believe that creativity exists in underwriting, and most of all love a sense of belonging to a team.

It will be important to be visible and approachable to brokers and clients alike. Effective verbal and written communication skills, along with collaborative behavior will be essential to the role.

This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime.

Essential Responsibilities

1. Underwrite, manage and service a renewal book and produce new business in accordance with business unit goals.
2. Negotiate with producers within the limits of your delegated authority and in accordance with established underwriting standards.
3. Underwriting within Group rules and guidelines.
4. Effective engagement with brokers, ensuring relationship growth and a good flow of new business.
5. Upholding and enhancing AXA XL’s brand in the market.
6. Accountability for underwriting results of the construction book; contributing to overall strategy and financial planning.
7. Collaborating with colleagues from wider AXA XL, cross-selling with other products where appropriate.

This position will report to the Underwriting Manager, Energy and Construction for Australia.

Required Skills and Abilities

1. Bachelor’s degree preferred with equivalent (3-4+ years) experience in Construction underwriting.
2. A technical underwriting background in Construction line of business (Energy underwriting experience will also be considered) with a demonstrable background in writing large complex corporate risks.
3. Analytical Skills - Visualize, gather information, articulate, analyze and solve complex problems.
4. Industry Knowledge - Understanding of the insurance industry and specific product portfolios to positively impact the underwriting business.
5. Ability to respond to a changing market environment with flexibility and innovation.
6. Ability to work independently.
7. Excellent interpersonal skills and collegiate behavior.
8. Commercially astute and able to contribute to growth and development of the construction portfolio.

FIND your future

AXA XL, the Property and Casualty 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.

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.

At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential.

Location

AU-NSW-Sydney

Other Locations

AU-AU-Melbourne

Work Locations

AU NSW Sydney 123 Pitt Street, Angel Place, Level 28, Sydney 2000

Job Field

Schedule

Full-time

Job Type

Standard

AXA XL is an Equal Opportunity Employer and does not discriminate against any colleague or applicant for employment on the basis of race, color, national origin, religion, sex, gender identity and/or expression, sexual orientation, age, disability, genetic information, veteran status, military status or any other category protected by local law.