Automatic Facility Underwriter

AXA•Stamford, CT

97d

About The Position

The Automatic Facility Underwriter underwrites new and renewal commercial Automatic Property Reinsurance Facility business under the direction of the assigned manager and in accordance with established Facultative Property procedures. The role is responsible for production and underwriting of automatic property and inland marine agreements, developing client and broker relationships, supporting business development, and delivering quality service to internal and external customers. The underwriter represents the company at industry marketing events and contributes to team efficiency, morale, training, and performance improvement. The role establishes terms, conditions, and pricing by gathering, reviewing, and analyzing account information. It maintains and services a book of business, supports audits and customer account meetings, and collaborates with underwriting, actuarial, legal, underwriting services, and claims teams to support account profitability. The position reports to the Property Automatic Facultative Division Manager.

Requirements

Underwriting experience, preferably in property and inland marine lines.
Exposure to the insurance industry; commercial property insurance experience is preferred.
Knowledge of underwriting structures, rating methodologies, and policy rating systems.
Familiarity with insurance policy language and contract wording.
Mathematical and analytical skills.
Proficiency with Microsoft Office and other business systems.
Attention to detail, accuracy, and organizational skills, including the ability to manage multiple priorities.
Effective written, verbal, and interpersonal communication skills.
Problem-solving abilities and the capacity to apply analytical and quantitative thinking.
Ability to work independently while maintaining a customer-focused approach.
Ability to manage multiple tasks in a fast-paced environment.
Collaborative approach and commitment to quality and excellence.
Accurate data-entry and information-management skills.
Must be legally authorized to work in the United States without sponsorship now or in the future.

Nice To Haves

Reinsurance experience.

Responsibilities

Underwrite and produce automatic property and inland marine agreements.
Maintain appropriate client and broker contacts and relationships.
Contribute to the hybrid facultative audit process as appropriate.
Manage travel and entertainment expenditures in coordination with the Division Manager.
Contribute to and develop an annual personal P&D plan with the Property Fac leadership team.
Contribute to risk division training and new-hire onboarding as appropriate.
Underwrite terms and conditions and establish pricing for new and renewal automatic property facultative business by gathering, reviewing, and analyzing account information.
Adhere to underwriting, regulatory, and rating guidelines to achieve satisfactory internal and external audit results.
Communicate effectively with underwriting, actuarial, legal, underwriting service, and claims staff to support account profitability.
Maintain and service a book of business, including analyzing special acceptance requests, participating in large-loss and customer account team meetings and audits, and providing quality service to brokers and cedants.
Participate in strategic planning and implementation of business development activities, including identifying key brokers and markets, marketing to brokers and cedants, completing action plans, and accompanying underwriters on broker or client visits as needed.
Work effectively as part of a team and contribute to sustaining a high-performance team by understanding and supporting team and unit goals.
Contribute to and implement actions to improve performance and efficiency.
Represent the company at industry marketing events and develop new and existing client relationships to support market share growth.