Sr. Underwriter - Builder's Risk

AXIS (AXIS Capital)•Los Angeles, CA

22h•$130,000 - $165,000•Hybrid

About The Position

AXIS Capital is seeking an Underwriter with a focus on Builder’s Risk (Project and Master) to join their U.S. Construction team. This role will support the growth and profitability of the Builder's Risk portfolio by underwriting new and renewal business, building broker and customer relationships, and developing technical expertise. The position can be based out of any of their Midwest or West Coast offices. The role involves continuing to develop Builder's Risk expertise, analyzing and qualifying opportunities based on the organization's appetite, and underwriting within the established governance framework. The underwriter will evaluate, underwrite, and negotiate new and renewal business within delegated authority and guidelines, while also developing and maintaining relationships with broker partners and customers to identify insurance needs and provide solutions. Support for business development efforts, management of underwriting responsibilities, participation in industry functions, and collaboration with colleagues are also key aspects of this role.

Requirements

3 - 10 years of Builder’s Risk, Property, or Commercial Insurance underwriting experience
Curiosity and desire to learn
Experience analyzing and underwriting a range of commercial property or Builder’s Risk exposures
Solid understanding of Builder's Risk coverage, exposure analysis, pricing principles, and marketplace dynamics
Able to analyze standard and moderately complex risks and communicate underwriting concepts or positions to audiences of varying experience
Able to independently manage routine underwriting responsibilities while collaborating effectively in a team setting
Capable of handling time constraints for quoting new and renewal business

Nice To Haves

Understanding of both admitted (retail) and non-admitted / Excess & Surplus (wholesale) underwriting framework
Experience collaborating with brokers and supporting relationship development within an assigned market or territory
Creative problem-solving skills
Reasonably proficient with Microsoft Office applications

Responsibilities

Underwrite new and renewal business
Build broker and customer relationships
Develop technical expertise
Support business development within the Construction team
Analyze and qualify opportunities based upon the organization’s appetite
Underwrite within the underwriting governance framework
Evaluate, underwrite, and negotiate new and renewal business within delegated authority and underwriting guidelines
Develop and/or maintain relationships with our broker partners
Work with customers and brokers to identify their insurance needs and provide recommendations and possible solutions
Support business development efforts through broker interactions and the identification of growth opportunities within assigned accounts and territories
Manage assigned underwriting responsibilities and contribute to portfolio performance objectives
Participate in industry functions and professional events
Participate in and help facilitate broker and customer meetings
Work collaboratively with colleagues across the organization