Underwriter, Primary Casualty, Large Commercial Construction (Northeast)

AXA•Boston, MA

49d

About The Position

At AXA XL we provide dedicated expertise to solve risk management challenges for large contractors & deliver unique solutions, significant capacity and diverse construction experience. Our Construction Primary Casualty team offers Workers Compensation, General Liability, and Automobile coverage on a primary basis and project specific primary basis to General Contractors, Construction Managers, Trade Contractors and Project Owners. Arising out of growth, AXA XL North America Construction underwriting team is looking to add a Central Region based primary casualty underwriter to their team. Using your in-depth underwriting expertise, you will tailor high touch effective solutions for our current and prospective clients partnering with dedicated industry experts who have extensive construction industry risk management experience. What you’ll be doing What will your essential responsibilities include? Reviewing submissions including applications, policy wording, inspection reports, loss runs, and financial reports while conducting appropriate research to determine degree of risk for each account. Working with agents and brokers on target accounts which are best in class contractors Calculating appropriate risk premiums using various guaranteed cost and loss sensitive options. Proactively advising, assisting, servicing and following up with clients on insurance and risk management matters. Effective relationship management with customers and brokers. Controlling timely implementation of new and renewed accounts according to quality standards. Working closely with claims and risk engineering team to provide value added services to prospects and clients. Negotiating and working on facultative reinsurance transactions as needed Working with the other underwriters in team on cross marketing goals and objectives. In this role you will report to the Northeast Underwriting Manager.

Requirements

Commercial Casualty Underwriting Experience on guaranteed cost and loss sensitive program structures.
Understanding of underwriting relates to solutions for construction managers, general contractors, trade contractors, to contribute to the underwriting of the full range of Construction Casualty accounts, Wrap-Ups and project specific programs.
Work self-directed with the ability to be an open-minded team player with a willingness to actively listen to comprehend unique circumstances that require practical and unique solutions to complex issues.
Experience with broker interaction with the ability to effectively target current and prospective contacts in order to effectively promote offered products.
Excellent written and oral communication skills to work with both internal teams and external brokers as you will work in a team environment, assisting underwriters and / or deal administrators as part of their overall responsibility.
Excellent organizational, time-management and multi-tasking skills.
Excellent comprehension and work experience with Microsoft Office Suite.
Bachelor’s degree required with advanced education and / or professional designations including but not limited to CPCU, IIA, CRIS preferred but not required.
Willingness to travel (approximately 25% travel as necessary.

Nice To Haves

advanced education and / or professional designations including but not limited to CPCU, IIA, CRIS preferred but not required.

Responsibilities

Reviewing submissions including applications, policy wording, inspection reports, loss runs, and financial reports while conducting appropriate research to determine degree of risk for each account.
Working with agents and brokers on target accounts which are best in class contractors
Calculating appropriate risk premiums using various guaranteed cost and loss sensitive options.
Proactively advising, assisting, servicing and following up with clients on insurance and risk management matters.
Effective relationship management with customers and brokers.
Controlling timely implementation of new and renewed accounts according to quality standards.
Working closely with claims and risk engineering team to provide value added services to prospects and clients.
Negotiating and working on facultative reinsurance transactions as needed
Working with the other underwriters in team on cross marketing goals and objectives.

Benefits

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.
At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success.
That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential.
It’s about helping one another — and our business — to move forward and succeed.
Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
Robust support for Flexible Working Arrangements
Enhanced family-friendly leave benefits
Named to the Diversity Best Practices Index
Signatory to the UK Women in Finance Charter
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.
It provides competitive compensation and personalized, inclusive benefits that evolve as you do.
We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.
At AXA XL, Sustainability is integral to our business strategy.
In an ever-changing world, AXA XL protects what matters most for our clients and communities.
We know that sustainability is at the root of a more resilient future.
Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs.
These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.
competitive retirement savings plan, health and wellness programs, and many other benefits.
wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers.