Senior Underwriter - Builders Risk
About The Position
AXIS Capital’s US Construction team is seeking an experienced Senior Underwriter to support growth of its Builders Risk portfolio, focusing on Project and Master Builders Risk solutions. The position develops broker and client relationships, identifies profitable new business, and builds a quality portfolio in support of the US Construction unit’s long-term success. The underwriter strengthens AXIS’ market presence by applying sound underwriting judgment and providing solutions for complex construction risks. The role covers large construction accounts of varying size and complexity. It involves portfolio management, soliciting submissions, underwriting analysis, and preparing and issuing indications, quotations, and binders. The successful candidate is expected to bring technical expertise, established retail broker relationships, networking ability, and skill in promoting insurance products, communicating, and influencing. The position is based in one of the listed offices and has a hybrid work arrangement, with three days a week in the office. Approximately 25% travel is required to meet brokers and clients and attend industry and company events.
Requirements
- At least 5 years of Builders Risk underwriting experience focused on accounts with TIV greater than $200 million.
- Proven track record of delivering profitable results.
- In-depth knowledge of Builders Risk, including coverage, pricing, and marketplace dynamics.
- Ability to analyze risks and communicate underwriting concepts or positions to audiences with varying levels of experience.
- Ability to work autonomously and as part of a team.
- Ability to handle time constraints when quoting new and renewal business.
Nice To Haves
- Understanding of admitted and non-admitted / Excess & Surplus underwriting frameworks.
- Underwriting expertise in large and complex risks.
- Established retail broker relationships in the relevant market or territory.
- Creative problem-solving skills.
Responsibilities
- Establish expertise and become a trusted resource for Builders Risk among brokers and customers.
- Analyze and qualify opportunities against the organization’s appetite and communicate underwriting decisions effectively.
- Underwrite within the underwriting governance framework.
- Negotiate pricing, terms and conditions, and participation on risks that meet appetite and sound underwriting judgment.
- Develop broker relationships to support business retention and work with customers and brokers to identify insurance needs and recommend solutions.
- Seek out new business opportunities through proactive market engagement.
- Manage new and renewal portfolio business in support of organizational goals.
- Attend industry functions and professional events as a representative of AXIS.
- Conduct partnership or relationship meetings with brokers and customers to identify areas of success and improvement.
- Collaborate with colleagues across the organization to meet customer needs.
- May participate in training or provide support to lower-level underwriters or underwriting assistants.
Benefits
- Competitive target incentive compensation, with awards based on overall corporate and individual performance.
- Medical plans for the employee and family.
- Health and wellness programs.
- Retirement plans.
- Tuition reimbursement.
- Paid vacation.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
