Senior Facultative Underwriter

AXA XL; Exton (PA); On-site; USD 107,600 - 209,100; Full time

Benefits offered by this job

Flexible Working Arrangements

Enhanced family-friendly leave

Diversity & Inclusion programs

Competitive benefits

Job summary

AXA XL in the United States seeks a Senior Underwriter - Facultative Automatic Facilities US to underwrite and service profitable automatic facility accounts, setting terms and pricing for new and renewal business. You will apply self-supported judgment on policy forms and coverage intents while driving market share and client service.

The role requires collaboration with underwriting, actuarial, legal, and claims teams, maintaining strong broker relationships, and contributing to growth

Qualifications

• Substantial experience in the Reinsurance industry, with emphasis on Programs, Facultative Facilities, or Commercial Property Treaty or Automatic Facility Reinsurance.
• Experience with policy/contract wording and actuarial pricing models.
• Detail oriented with elevated organizational, interpersonal, written, and verbal communication skills.
• Math aptitude and strong PC skills.
• Property and Inland Marine underwriting background.

Responsibilities

• Underwrite automatic facility accounts to achieve profitability and targets.
• Set terms, conditions and pricing for new and renewal automatic facility business.
• Maintain audit-friendly processes by following underwriting guidelines and regulatory/rating rules.
• Manage AXA XL relationships and collaborate with underwriting, actuarial, legal, and claims teams.
• Service a book of business including endorsements and special acceptances for clients and brokers.
• Contribute to strategic planning and business development activities, including travel as needed.

Skills

Reinsurance experience

Property facultative

Pricing models

Policy wording

Analytical skills

Communication skills

Math aptitude

PC skills

Education

Property and Inland Marine underwriting background

Tools

Policy rating systems

Pricing models (actuarial)

Job description

Senior Underwriter - Facultative Automatic Facilities US

For AXA XL Reinsurance North America business, the Property Facultative Automatic Senior Underwriter will, under direction of the Property Facultative Department Manager, and in accordance with established procedures: underwrite and maintain/service profitable new and renewal business exercising self-supported judgment based on comprehension of policy form terms and conditions and coverage intent; increase our market share, our visibility, and solidify our position as a leader in the marketplace by participating in underwriting and marketing activities; be dedicated to maximizing the efficiency of the group, and providing quality service to internal and external customers.

What You'll Be Doing

• Responsible for underwriting and production of automatic facility accounts achieving individual and division profitability and premium line with annual budgeted targets.
• Underwrite terms and conditions and establish pricing for new and renewal automatic facility business by gathering, reviewing, and analyzing account information
• Contribute to consistent satisfactory internal/external audit results by adhering to underwriting guidelines, regulatory and rating guidelines.
• Manage internal AXA XL relationships and effectively communicate with underwriting, actuarial, legal, underwriting service department and claims staff to ensure proper handling of accounts
• Maintain and service a book of business by analyzing endorsement requests, and special acceptances to provide customer service to customers and brokers.
• Participate the strategic planning and implementation of business development activities including but not limited to: identification of key opportunities; completion and implementation of action plans from management, and travel to customer/broker visits as needed.

You will report to the Product Leader/Division Manager for Property Facultative Reinsurance - North America.

What You Will BRING

Required Skills And Abilities

• Must have substantial experience in the Reinsurance industry, with an emphasis on Programs, Facultative Facilities, or Commercial Property Treaty or Automatic Facility Reinsurance. Extensive experience with policy and contract wording, actuarial pricing models and natural catastrophe modeling.
• Understand policy / contract wording, policy rating, and be proficient in the use of policy rating systems.
• Must be detail oriented and accurate; demonstrate elevated organizational, interpersonal, written, and verbal communication skills.
• Math aptitude
• Outstanding PC skills
• Property and Inland Marine Underwriting Background

Desired Skills And Abilities

• Team-oriented and have a consistent commitment to excellence.
• Can enter information accurately and can work in a fast-paced environment.
• Ability to apply creative, analytical, and mathematical skills to problem-solving.
• Can work self-supprted and has excellent customer focus and responsiveness.

Who WE Are

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. How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business - property, casualty, professional, financial lines and specialty. With an innovative and flexible approach to risk solutions, we partner with those who move the world forward. Learn more at axaxl.com

What we OFFER

Inclusion

• Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
• 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 | AXA XL. AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XL's Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do. We're committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called "Roots of resilience", focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars

• Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We're committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
• Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
• Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We're training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
• AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL's "Hearts in Action" programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day - the Global Day of Giving.

For more information, please see Sustainability at AXA XL.

Applicants for this role must be legally authorized to work in the United States without sponsorship now or in the future.

The U.S. base salary range for this position is USD $107,600- $209,100.

Actual pay will be determined based upon the individual's skills, experience and location. We strive for market alignment and internal equity with our colleagues's pay.

At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers. For more details about AXA XL's benefits offerings, please visit US Benefits at a Glance 2026.