Associate Underwriter - Ocean Marine

AXA•New York, NY

1d•Hybrid

About The Position

U.S. Ocean Marine has an exciting opportunity to join the Northeast Ocean Marine Underwriting Team. This is a unique opportunity to learn ground up from industry experts and our customized Ocean Marine learning tools towards a hybrid discipline of Hull & Machinery, Marine Liabilities and Cargo Stock throughput underwriting. Your focus is to establish robust relationships internally and externally and to act as the critical interface between our brokers, clients and the company. You are expected to continuously contribute towards improving our current working and underwriting practices. 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.
Advance level of proficiency with Word, Excel (other spreadsheet applications), and PowerPoint.

Responsibilities

Review, evaluate risk, and assess completeness of the underwriting package before underwriter is required to review. Communicate directly with Brokers to collect accounts and insured information necessary for risk analysis.
Perform and apply knowledge of line of business specific product underwriting rules and/or guidelines for 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.
Set up new business and renewals in our online rating tools for (Hull & Machinery, Marine Liabilities and Ocean Cargo), complete and submit CAT modeling. Develop initial pricing (through our Hull/Liability Rating Sheets and Cargo Rating Sheets), basic coverage structuring, quotation, and binder packages of the risk.
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.