Senior Underwriter – Group Captives – Construction – Group Captives

Job Description

Senior Construction Underwriter, Group Captives | AXA

The Tone:
This is a full-time role at AXA XL, with multiple locations available for this position. At AXA XL, the P&C and specialty risk division of AXA, they solve complex risks for mid-sized companies and multinationals, reinventing re/insurance through a comprehensive capital platform, data-driven insights, and leading technology. This role is crucial for delivering unique solutions, significant capacity, and diverse construction experience within the Group Captive marketplace, helping clients manage risks effectively. The team values dedicated expertise and high-touch client solutions.

The TL;DR
• Role: Full Time
• Type: Full-time
• Location: In-person, Multiple Locations
• Pay: $106500–$186500 yearly
• Team: Reports to the Underwriting Manager of Group Captives.
• Mission: To tailor high-touch, effective solutions for current and prospective construction clients within the Group Captive marketplace by applying in-depth underwriting expertise.
• Tech Stack: Microsoft Office Suite

What You’ll Actually Do
• Assess Risk: Evaluate submissions, which include applications, policy wording, inspection reports, loss runs, and financial reports, while conducting appropriate research to determine the degree of risk for each account.
• Premium Calculation: Determine appropriate risk premiums utilizing various guaranteed cost and loss-sensitive options for complex construction accounts.
• Client Consultation: Proactively advise, assist, service, and follow up with current and prospective clients on diverse insurance and risk management matters.
• Account Implementation: Control the timely implementation of new and renewed accounts according to established quality standards and client needs.
• Inter-departmental Collaboration: Work closely with claims and risk engineering teams to provide comprehensive, value-added services to prospects and clients.

The Must-Haves
• Background: Bachelor’s degree required. This is a senior-level primary casualty underwriter role requiring advanced construction/commercial underwriting experience. Candidates must possess in-depth underwriting expertise relating to solutions for construction managers, general contractors, and trade contractors, contributing to the underwriting of the full range of Construction accounts.
• Experience: Significant experience contributing to the underwriting of a full range of Construction accounts, specifically applying expertise to solutions for construction managers, general contractors, and trade contractors within Group Captive specific programs. Ability to manage facultative reinsurance transactions as needed.
• Skills: Outstanding interaction skills with insureds and brokers, effectively targeting and promoting products to current and prospective contacts. Excellent written and oral communication skills to collaborate effectively with internal teams and external brokers in a team environment. Strong organizational, time-management, and multi-tasking abilities to control timely account implementation and manage various responsibilities. The ability to work independently while being an open-minded team player, actively listening to comprehend unique circumstances and develop practical solutions for complex issues. Outstanding comprehension and work experience with Microsoft Office Suite.
• Bonus: Advanced education and/or professional designations such as CPCU, IIA, or CRIS are preferred but not required. Willingness to travel approximately 25% as necessary.