Underwriter II, Excess Construction

AXA•Chicago, IL

About The Position

AXA XL’s construction underwriting team provides dedicated expertise and tailored risk-management solutions for large contractors. The Underwriter II, Excess Construction role uses underwriting expertise to develop solutions for current and prospective clients, working with construction risk-management specialists. The position reports to an Underwriting Manager within the Unit. The role markets to producers and evaluates construction professional accounts, including reviewing applications, terms and conditions, statements of values, loss histories, catastrophe modeling, and other research. It determines whether to quote or decline risks, calculates premiums using approved rating models, and may develop or modify policy wording within delegated authority. The underwriter works with internal business divisions, promotes additional products and services, supports service standards, and contributes to team development and special projects.

Requirements

A moderate amount of commercial underwriting or broking experience, or in-depth knowledge of construction managers, general contractors, and trade contractors.
In-depth underwriting expertise relating to solutions for construction managers, general contractors, trade contractors, environmental contractors, and architects and engineers.
Ability to work self-directed and as an open-minded team player, actively listening and developing practical solutions to complex issues.
Ability to interact effectively with insureds and brokers in an assigned geographic territory and target current and prospective contacts to promote products.
Excellent written and oral communication skills for working with internal teams and external brokers.
Ability to work in a team environment and assist underwriters and/or deal administrators as part of overall responsibilities.
Strong organizational, time-management, and multitasking skills.
Strong working knowledge of Microsoft Office Suite.
Bachelor’s degree required.

Nice To Haves

Advanced education and/or professional designations, including CPCU, IIA, or CRIS.

Responsibilities

Market to producers to secure new and renewal business.
Review applications, terms and conditions, statements of values, loss histories, catastrophe modeling, and relevant research to assess account risk against company regulations, guidelines, and granted underwriting authority.
Coordinate with internal divisions, including Actuarial, Claims, Reinsurance, Accounting, Marketing, and Regulatory.
Determine whether to quote or decline risks.
Calculate rates and premium charges using approved rating models.
Develop or modify policy wording within delegated underwriting authority when standard forms are not appropriate.
Actively cross-sell available products and services.
Support service standards in delivering professional and pollution liability construction products and services.
Mentor, supervise, and motivate underwriters, underwriting assistants, and other team members.
Lead or participate in special projects as assigned by senior management.