AXA SAposted 29 days ago
$106,500 - $186,500/Yr
Mid Level
Chicago, IL
Insurance Carriers and Related Activities

About the position

Working as part of the Property Underwriting team, the role will be focused on securing and maintaining profitable business opportunities through leading edge solutions for client needs. Therefore, the role requires a significant amount of interaction with Clients, Brokers and internal stakeholders.

Responsibilities

  • Develop and structure tailor-made solutions through our risk transfer and service-related products, in accordance with the Property Underwriting guidelines and relevant best practices, to enhance our customer and broker experience.
  • Procure new business opportunities through effective marketing strategies designed around supporting our key brokers, fostering new broker relationships, and meeting with prospective clients.
  • Evaluate appropriate risk premium by considering the risk costs inherent to the Property sector, reinsurance cessions as well as the underwriting and general administration costs to ensure profitability.
  • Utilize effective sales and negotiating skills to bring new business and renewal transactions to a successful close.
  • Initiate and collaborate internally with other business units to uncover and pursue cross-sell opportunities.
  • Manage timely implementation of new and renewal accounts, including but not limited to, referrals, quotes, binders, facultative reinsurance, policies, engineering services, premium collection in accordance with company standards.
  • Advise, assist, and service clients on insurance and risk management matters to ensure clients satisfaction and respond to client and AXA XL queries in a timely manner.
  • Develop best practices and the sharing of underwriting knowledge within the team.
  • Proactively foster positive relationships with renewal clients including pre-renewal and stewardship engagements to get a mutual understanding of their needs.
  • Ability to lead and/or assist in continuous improvement project to benefit Property and in some cases, the broader organization.

Requirements

  • Some to moderate underwriting experience with thorough technical knowledge of underwriting, rating methodologies, forms and business processes.
  • Thorough technical knowledge of underwriting, rating methodologies, forms and reinsurance concepts.
  • Candidate needs to have a basic understanding of global and domestic property underwriting.
  • Large account experience and HPR background is a plus.
  • Ability to develop and maintain relationships with customers, producers and trading partners.

Nice-to-haves

  • Bachelor's Degree preferred; professional designations CPCU, ARM a plus.
  • Excellent analytical skills.
  • Excellent communication skills.
  • Excellent marketing, presentation and negotiation skills.
  • Solid leadership and management skills.
  • Excellent decision-making skills.

Benefits

  • Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
  • Robust support for Flexible Working Arrangements.
  • Enhanced family-friendly leave benefits.
  • Named to the Diversity Best Practices Index.
  • Signatory to the UK Women in Finance Charter.
  • Competitive compensation and personalized, inclusive benefits.
  • Wide range of learning opportunities for professional skills development.
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