Senior Underwriter Builders Risk
New York, NY I Chicago, IL I Atlanta, GA I USA
At AXA XL we provide dedicated expertise to solve risk management challenges for large contractors & deliver unique solutions, significant capacity and diverse construction experience. Our Builders Risk team offers Project Specific, Master Builders Risk and Contractors Block policies to clients who may also have a global exposure. As a result, our builders risk underwriting team will tailor the policy to fit each clients unique needs.
Using your in-depth underwriting expertise you will tailor high touch effective solutions for our current and prospective clients partnering with dedicated industry experts who have extensive construction industry risk management experience.
DISCOVER your opportunity
What will your essential responsibilities include?
- Marketing to producers to secure new and renewal business.
- Reviewing of submissions, terms and conditions, statement of values, loss history and catastrophic modeling and conducting appropriate research to determine the degree of risk for each account based upon company Builders Risk Guidelines and underwriting authority granted.
- Coordinating with varied business divisions including Actuarial, Claims, Reinsurance, Accounting, Marketing, Regulatory and others internally that support our businesses.
- Determining quote or declination of risk.
- Calculating rates and premium charges using approved rating models.
- Developing and modifying policy wording in accordance with delegated underwriting authority when the standard forms are not appropriate.
- Actively cross-sell afforded products and services.
- Supporting service standards in delivery of builder’s risk products and services.
- Effectively mentoring, supervising and motivating underwriters, underwriting assistants and other integral members of your team.
- Leadership and involvement in special projects as assigned by senior management.
In this role you will report to the Head of Construction Property.
SHARE your talent
Were looking for someone who has these abilities and skills:
- Extensive Commercial Underwriting Experience.
- Experience underwriting both Oil and Gas accounts and Power Generation accounts.
- In-depth underwriting expertise as it relates to solutions for construction managers, general contractors, and owners to contribute to the underwriting of the full range of Builders Risk accounts.
- Knowledge of Primary Casualty including Wrap-Ups and Excess and Umbrella liability is a plus.
- Work independently with the ability to be an open-minded team player with a willingness to actively listen to comprehend unique circumstances that require practical and unique solutions to complex issues.
- Robust insured and broker interaction in assigned geographic territory with the ability to effectively target current and prospective contacts in order to effectively promote offered products.
- Excellent written and oral communication skills to work with both internal teams and external brokers as you will work in a team environment, assisting underwriters and / or deal administrators as part of their overall responsibility.
- Excellent organizational, time-management and multi-tasking skills.
- Excellent comprehension and work experience with Microsoft Office Suite.
- Bachelor’s Degree required with advanced education and / or professional designations including but not limited to CPCU, IIA, CRIS preferred but not required.
- Willingness to travel (approximately 25% travel as necessary) within assigned geographic territory.
FIND your future
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 dont 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
Inclusion & Diversity
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. Thats 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. Its about helping one another and our business to move forward and succeed.
- 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 axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.
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. Were 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. Were 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 XLs 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.
The U.S. pay range for this position is USD 95,000 186,500. Actual pay will be determined based upon the individuals skills, experience, and location. We strive for market alignment and internal equity with our colleagues 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 XLs benefits offerings, please visit US-Benefits-at-a-Glance_2023_US.pdf (myaxaxlbenefits.com).