Associate Underwriter, Construction SDI

AXAUwchlan Township, PA
10d

About The Position

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 Construction Subcontractor Default Insurance team offers SDI coverage to North America’s top contractors. As a result, our construction underwriting team will tailor the buyer’s policy to fit each client’s unique needs. The Underwriter I position will be responsible for underwriting Subcontractor Default Insurance (SDI) and related products for sophisticated General Contractors. Communication and negotiations with industry leaders in the broker and contractor community will be part of the day-to-day functions of this position. Your focus is to establish robust relationship internally and externally and to act as the critical interface between the broker and clients and the company. You are expected to continuously contribute to improve current working and underwriting practices. We work collaboratively across lines and in support of our General Contractor partners. You will have opportunities to work on projects and in groups that move the construction industry forward. AXA XL Construction is an industry leader in the evolving areas of construction technology, sustainability, inclusion & diversity. All of our team members have a role in impacting the future of our industry and world. In this role you will report to the Underwriting Manager, Construction Subcontractor Default.

Requirements

  • Bachelor’s degree or equivalent.
  • Some Construction underwriting experience (SDI, Property, Casualty or Construction Surety preferred)
  • Robust analytical and problem-solving skills as well as outstanding sales and marketing abilities.
  • Ability to effectively communicate and negotiate with senior personnel, brokers and clients.
  • Excellent written and verbal communication skills in English are required. Outstanding computer skills (MS Office) are critical for the success of this position.
  • This position requires willingness for flexible work hours and travel up to % of the time, potentially including international travel.

Nice To Haves

  • Experience with Large Loss Sensitive programs and/or Loss Prevention is a plus.

Responsibilities

  • Marketing to producers to secure new and renewal business.
  • Reviewing of applications, terms and conditions, statement of values, loss history, price modeling, conducting appropriate research and working with SDI team colleagues to determine the degree of risk for each account based upon company SDI Regulations, Guidelines and underwriting authority granted.
  • Coordinating with varied business divisions including Risk Engineering, Actuarial, Claims, Reinsurance, Accounting, Marketing, Regulatory and others internally that support our businesses.
  • Creating creative risk transfer solutions to unique customers’ needs while safeguarding AXA XL’s bottom line
  • Skillful, decisive and selective underwriting
  • Maintaining a profitable portfolio of accounts
  • Cross-selling with other groups at AXA XL to drive greater product density
  • Various other duties in support of AXA XL’s the SDI product.

Benefits

  • 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.
  • 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
  • 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.
  • 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.
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