Senior Underwriter, Excess Casualty - Large Commercial

AXA•Los Angeles, CA

1d•Onsite

About The Position

Large companies with complex risks turn to AXA XL for Commercial Umbrella and Excess Liability coverages to protect their assets in the event of catastrophic losses beyond the limits of their primary insurance program or self-insured retention (SIR). AXA XL Excess Casualty business unit offers Umbrella and Excess Liability coverage to North American based Insureds. Underwriting teams are based throughout the United States, Canada, and Bermuda. We have a vast appetite for risk with a portfolio that includes clients in manufacturing, hospitality, real estate, retail, services, technology, and many more. As a Senior Underwriter, you will be responsible for delivering a profitable ‘Underwriting’ service to your clients. You’ll be joining an established team of senior underwriters as part of AXA XL’s West Zone. This role reports to Head of West, Excess Casualty.

Requirements

Bachelor’s Degree or relevant work experience.
Moderate to extensive experience in the relevant class of business, possessing functional knowledge and skills reflective of a fully competent practitioner.
Robust Industry Knowledge and Commercial/Business Acumen.
Analytical, negotiation and sales/marketing skills
Excellent written and oral communication skills. Excellent customer service focus is a must.
Interpersonal Savvy - Demonstrated ability to build and maintain effective insured and broker contacts.
Ability to develop and understand business processes, strategy, and planning
Collaborative team player who provides creative solutions and ideas for resolution.
Applicants for this role must be legally authorized to work in the United States without sponsorship now or in the future.

Responsibilities

Reviewing submissions including applications, policy wording, inspection reports, loss runs, and financial reports while conducting appropriate research to determine degree of risk for each account.
Underwriting business within the agreed business plan and individual authority. Calculating appropriate risk premium by considering the risk costs inherent to the sector, program structure, and general administration costs while ensuring profitability.
Proactively advising, assisting, servicing, and following up with clients on insurance and risk management matters to ensure satisfaction and fulfillment of their insurance requirements.
Effective relationship management to initiate opportunities for cross-selling offered products and ensuring account retention.
Controlling timely implementation of new and renewed accounts according to quality standards.
Reviewing loss control reports and managing policy endorsement requests to process any necessary changes to the policy.
Supporting the business planning and forecasting process; monitoring financial exposure within outlined limits; monitoring premium income to ensure it remains within set limits.