Underwriter I, Political Risk and Credit

AXA SA • Washington, MA

100d • $85,000 - $149,000

About The Position

As an Underwriter I in the Political Risk and Credit Group in the Americas, you will be part of one of AXA XL's key Specialty Lines insurance businesses and a member of a market leading team recognized globally for its excellence in the industry.

Requirements

• Bachelor's Degree (or equivalent) in business, economics, insurance, international affairs or related field preferred
• Some to Moderate experience in the credit or political risk insurance business
• Possesses technical knowledge and skills, including familiarity with key product and industry issues
• Sound analytical, negotiation and sales/marketing skills
• Excellent written and oral communication skills
• Robust organizational, time-management and multi-tasking skills combined with a robust work ethic
• Ability to build and maintain robust insured and broker contacts
• Ability to develop and understand business processes, strategy and planning
• Aptitude to respond to a changing environment with flexibility and innovation
• Collaborative team player who provides creative suggestions and ideas for issue resolution

Responsibilities

• Underwriting business within the agreed business plan and your individual authority
• Supporting the business planning and forecasting process
• Monitoring financial exposure within outlined limits
• Monitoring premium income
• Maintaining awareness of claims activity while supporting and providing input on settlement of claims
• Building and maintaining relationships with brokers and clients
• Supporting the design and structure of risks
• Exercising discretion and self-supported judgment in the analysis and evaluation of risk by reference to business strategy and risk appetite
• Working collaboratively in a team environment, assisting underwriters, underwriting assistants and the management team
• Analyzing performance of the regional portfolio as well as individual account performance and developing appropriate action to drive profitable growth based upon the analysis
• Maintaining compliance with all internal and external underwriting guidelines and legal requirements
• Understanding the strategy and targets of AXA XL including financial measures
• Assisting in the planning, developing and integrating of distribution & marketing plans to achieve top and bottom-line objectives
• Developing robust business relationships with key industry groups, brokers and clients in the Americas
• Promoting the company's expertise by participating in industry conferences and events while regularly participating in client and broker meetings
• Negotiating with brokers to win targeted business at the right price, while declining business that is not in line with strategy or pricing

Benefits

• Inclusion: AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.
• Total Rewards: AXA XL's Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security.
• Sustainability: At AXA XL, Sustainability is integral to our business strategy.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees