Underwriter - Large Property

XL CATLIN; Toronto; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a dedicated Underwriter to join their dynamic Property Underwriting team. This role focuses on securing and maintaining profitable business opportunities through innovative solutions tailored to client needs. You will engage with clients and brokers, utilizing your underwriting expertise to develop effective strategies and foster relationships. The ideal candidate will possess strong analytical and negotiation skills, with a commitment to delivering exceptional service. Join a company that values diversity and inclusion, and be part of a team that is redefining the insurance landscape.

Qualifications

• Moderate underwriting experience with thorough technical knowledge.
• Ability to develop and maintain relationships with clients.

Responsibilities

• Develop tailor-made solutions to enhance customer experience.
• Procure new business opportunities through effective marketing strategies.
• Evaluate risk premium to ensure profitability.

Skills

Underwriting experience

Technical knowledge of underwriting

Relationship management

Analytical skills

Marketing skills

Negotiation skills

Education

Bachelor's Degree

Job description

Job Description - Underwriter - Large Property (23USEC07D20250318)

Job Number:

Underwriter - Large Property (23USEC07D20250318)

DISCOVER your opportunity

Working as part of the Americas’ Property Underwriting team, the role will be focused on securing and maintaining profitable business opportunities through leading edge solutions for client needs. Therefore, the role requires a significant amount of interaction with Clients, Brokers and internal stakeholders.

What will your essential responsibilities include?

• Develop and structure tailor-made solutions through our risk transfer and service-related products, in accordance with the Property Underwriting guidelines and relevant best practices, to enhance our customer and broker experience.
• Procure new business opportunities through effective marketing strategies designed around supporting our key brokers, fostering new broker relationships, and meeting with prospective clients.
• Evaluate appropriate risk premium by considering the risk costs inherent to the Property sector, reinsurance cessions as well as the underwriting and general administration costs to ensure profitability.
• Utilize effective sales and negotiating skills to bring new business and renewal transactions to a successful close.
• Initiate and collaborate internally with other business units to uncover and pursue cross-sell opportunities.
• Manage timely implementation of new and renewal accounts, including but not limited to, referrals, quotes, binders, facultative reinsurance, policies, engineering services, in accordance with company standards.
• Advise, assist, and service clients on insurance and risk management matters to ensure client satisfaction and respond to client and AXA XL queries in a timely manner.
• Coach and mentor for the development of skills, knowledge and competencies of less experienced colleagues.
• Develop best practices and the sharing of underwriting knowledge within the team.
• Proactively foster positive relationships with renewal clients including pre-renewal and stewardship engagements to get a mutual understanding of their needs.
• Ability to lead and/or assist in continuous improvement projects to benefit Property and in some cases, the broader organization.

You will report to the Underwriting Manager, Property- Large Commercial, Canada.

We’re looking for someone who has these abilities and skills:

Required Skills and Abilities:

• Moderate underwriting experience with thorough technical knowledge of underwriting, rating methodologies, forms and business processes.
• Some understanding of global and domestic property underwriting.
• Large account experience and HPR background is a plus.
• Ability to develop and maintain relationships with customers, producers and trading partners.

Desired Skills and Abilities:

• Bachelor’s Degree preferred.
• Excellent analytical skills.
• Excellent marketing, presentation and negotiation skills.

AXA XL, the P&C 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.

AXA XL is an Equal Opportunity Employer.

Location

CA-CA-Toronto

Other Locations

CA-CA-Montreal, CA-BC-Vancouver, CA-AB-Calgary

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.