Automatic Facility Underwriter

AXA•Stamford, CT

9d•Hybrid

About The Position

The Reinsurance Underwriter will, under direction of assigned manager and in accordance with established Facultative Property procedures, underwrite new and renewal commercial Automatic Property Reinsurance Facility business, be a visible presence in the marketplace by representing our company at industry marketing events, develop new and existing client relationships to help increase our market share, be dedicated to maximizing the efficiency of the group, maintaining morale, and providing quality service to internal and external customers.

Requirements

Underwriting experience, preferably in Property and Inland Marine lines.
Exposure to the insurance industry, with commercial property insurance experience preferred.
Reinsurance experience is a plus.
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, with 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.
Data entry and information management skills with a focus on accuracy

Responsibilities

Responsible for underwriting and production of automatic property and inland marine agreements
Maintain client/broker contacts and relationships as appropriate
Contribute to hybrid facultative audit process as appropriate
Manage T&E expenditures as appropriate in coordination with Division Manager
Contribute to and develop annual personal P&D plan in coordination with 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.
Achieve consistent satisfactory internal/external audit results by adhering to underwriting guidelines, regulatory and rating guidelines.
Effectively communicate with underwriting, actuarial, legal, underwriting service department and claims staff to ensure profitability of accounts.
Maintain and service a book of business by analyzing especial acceptance requests, participating in large loss and customer account team meetings, audits and provide top quality customer service to brokers and cedants.
Participate in the strategic planning and implementation of business development activities including but not limited to identification of key brokers and markets; participation in marketing to external brokers and cedants, which includes activities and events; completion and implementation of action plans from marketing activities; and accompany other underwriters on broker/client visits as needed.
Work effectively in a team setting; contribute to the creation and sustaining of a high-performance team by embracing and understanding team and unit goals
Contribute to and implement actions to improve performance and efficiency