Engineering & Construction Underwriter: Growth & Partnerships

AXA XL; Chicago (IL); On-site; USD 133,000 - 200,000; Full time

Job summary

AXA XL in Chicago seeks an Engineering & Construction Underwriter to underwrite and service profitable new and renewal business, maintain client and broker relationships, and contribute to market development and efficiency.

The role reports to the Head of NA Facultative Reinsurance and requires expertise in engineering/construction property insurance, policy rating, strong math skills, and excellent communication.

Qualifications

• Experience in the insurance industry, with emphasis on Engineering and/or Construction commercial property insurance/reinsurance.
• Understand policy rating and be proficient in the use of policy rating systems.
• Familiarity with policy and contract wording.
• Math aptitude.
• Outstanding PC skills.
• Underwriter must be detail oriented and accurate, have demonstrated organizational skills and flexibility, have excellent verbal and written communication skills as well as interpersonal skills.
• Ability to apply creative, analytical and mathematical skills to problem-solving; have the ability to work without supervision, have excellent customer focus, responsiveness and multi-tasking abilities.

Responsibilities

• Underwrite and production of individual risk accounts with production/premium annual goals.
• Maintain client/broker contacts and relationships as appropriate.
• Contribute to NA Reinsurance and Property facultative audit process as appropriate.
• Manage risk T&E expenditures as appropriate in coordination with Head of NA Facultative Reinsurance
• Develop annual personal P&D plan in coordination with NA Reinsurance and Property Fac leadership team.
• Contribute to individual risk division training and new hire onboarding as appropriate.
• Underwrite terms and conditions and establish pricing for new and renewal NA Reinsurance and property facultative business by gathering, reviewing, and analyzing account information.
• Achieve consistent satisfactory internal/external audit results by adhering to underwriting guidelines, regulatory and rating guidelines.
• Communicate with underwriting, actuarial, legal, underwriting service department 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 provide top quality customer service to brokers and cedants.
• Participate in the strategic planning and implementation of business development activities including but not limited to: identification of key brokers and markets; participation in marketing to external brokers and cedants, which includes activities and events; completion and implementation of action plans from marketing activities; and accompany other underwriters on broker/client visits as needed.
• Work effectively in a team setting; contribute to the creation and sustaining of a high-performance team by embracing and understanding team and unit goals
• Contribute to and implement actions to improve performance and efficiency.

Skills

Underwriting

Pricing

Communication

Math aptitude

Detail-oriented

Teamwork

Education

Bachelor's degree

Tools

Policy rating systems

Job description

AXA XL in Chicago seeks an Engineering & Construction Underwriter to underwrite and service profitable new and renewal business, maintain client and broker relationships, and contribute to market development and efficiency.

The role reports to the Head of NA Facultative Reinsurance and requires expertise in engineering/construction property insurance, policy rating, strong math skills, and excellent communication.