Associate Underwriter, Large Commercial Casualty Railroad

AXA•New York, NY

7d•Hybrid

About The Position

Railroad companies with complex risks turn to AXA XL for an array of liability coverages to protect their assets in the event of losses beyond the self-insured retention (SIR) or the limits of their primary insurance program. AXA XL North America Railroad business unit offers liability coverage to North American based Insureds. Underwriting teams are based in New York, NY and Exton, PA. We have a vast appetite for risk with a portfolio that includes freight railroads, transit, light rail systems, rail contractors, and many more. As Associate Underwriter, you will support the Underwriting team and act as the owner and principal facilitator of assigned accounts. The Associate Underwriter will perform front-to-end activities throughout the life cycle of renewal and prospect accounts from submission to expiration with Underwriting oversight.

Requirements

Bachelor’s degree or related insurance experience and/or training; or equivalent combination of education and experience.
Analytical, negotiation and sales/marketing skills
Excellent written and oral communication skills. Excellent customer service focus is a must.
Adept interpersonal skills in order to work effectively and professionally with diverse groups.
Proven prioritization and time management skills with accurate results.
Organizational, problem-solving and critical thinking skills.
Robust collaborative skills in a fast-paced team-centric environment.

Responsibilities

Pre-underwrites, evaluates risk, and assesses completeness of the underwriting package before underwriter is required to review. Communicate directly with Brokers on to collect account and insured information necessary for risk analysis.
Perform and apply knowledge of line of business specific product underwriting rules and/or guidelines for pre-analysis support of submission in preparation of further analysis for quoting stage.
Collaborate effectively with Underwriters, Brokers, and internal units within AXA XL to manage the status and workflow of multiple tasks and accounts.
Communicate account status to ensure completion of outstanding subjectivities needed to execute policy issuance and premium collection as part of bound accounts.
Develops initial pricing, basic coverage structuring, quotation, and binder packages of the risk. Calculate base rating and apply experience modifications as part of underwriting package for Underwriter review.
Manage the workflow of multiple tasks and maintain a detailed understanding of the status of various tasks owned by Underwriters, Brokers, and AXA XL internal network.
Communicate account status to ensure completion of all tasks including premium collection as part of bound accounts.
Collaborate and correspond verbally and in written format with internal and external contacts across the country, keeping in mind differences in time zones, to achieve a high level of service and meet client expectations.