Senior Underwriter, Reinsurance Property Facultative

AXALos Angeles, CA
$107,600 - $209,100

About The Position

For assigned line(s) of business, the Property Facultative Underwriter will, under direction of assigned manager and in accordance with established procedures: underwrite and maintain/service profitable new and renewal business exercising self-supported judgment based on comprehensive knowledge of policy form terms and conditions and coverage intent; increase our market share, our visibility, and solidify our position as a leader in the marketplace by participating in marketing activities; be dedicated to maximizing the efficiency of the group, maintaining morale, and providing quality service to internal and external customers.

Requirements

  • Moderate experience in the insurance industry, with an emphasis on commercial property insurance/reinsurance.
  • Understand policy rating and be proficient in the use of policy rating systems.
  • Familiarity with policy and contract wording.
  • Math Aptitude.
  • Outstanding PC skills.
  • Underwriter must be detail oriented and accurate, have demonstrated organizational skills and flexibility, have excellent verbal and written communication skills as well as interpersonal skills.
  • Ability to apply creative, analytical and mathematical skills to problem-solving; have the ability to work Self-directed, have excellent customer focus, responsiveness and multi-tasking abilities.
  • Team-oriented and have a consistent commitment to excellence, have the ability to enter information accurately and have the ability to work in a fast-paced environment.

Responsibilities

  • Responsible for underwriting and production of individual risk accounts with specific production/premium annual goals
  • Maintain client/broker contacts and relationships as appropriate.
  • Contribute to individual risk audit process as appropriate.
  • Manage individual risk T&E expenditures as appropriate in coordination with Territory Manager.
  • Contribute to and develop annual personal P&D plan in coordination with Property Fac leadership team.
  • Contribute to individual risk division training and new hire onboarding as appropriate.
  • Underwrite terms and conditions and establish pricing for new and renewal 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 endorsement 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.

Benefits

  • competitive retirement savings plan
  • health and wellness programs
  • Flexible Working Arrangements
  • Enhanced family-friendly leave benefits
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