Associate Underwriter, Primary Casualty Large Commercial
AXA, Chicago, IL, United States
Underwriting Opportunity With AXA XL
AXA XL provides customized risk management programs for major businesses and institutions operating in the U.S. Underwriters have deep expertise and broad authority for quick execution. Your focus is to establish proven relationships internally and externally and to act as the critical interface between our brokers, clients and the company. You are expected to continuously contribute towards improving our current working and underwriting practices. Your essential responsibilities include producing, underwriting, managing and servicing a profitable book of new and renewal business per AXA XL underwriting guidelines. Underwriter conducts risk review and analysis. Also, determines terms & conditions and appropriate pricing in accordance with granted authority and AXA XL underwriting guidelines. Underwriter effectively negotiates and secures policy terms that align with AXA XL directives. Underwriter cultivates key broker relationships in the region to maintain a steady stream of business within our underwriting appetite. Underwriter cultivates effective business relationship with accounts, providing risk stewardship including initial setup of service commitments and ongoing consultation. Completes all required steps on account setup, documentation, and account management. Partners with internal service providers to build long-term relationships between customers/brokers and AXA XL, managing expectations of all parties. Underwriter cross-markets with other AXA XL lines; meets with brokers and insureds as required. Develop and manage underwriting strategies for both renewals and targets within his/her portfolio of accounts, including knowledge of the current penetration by product, cross marketing penetration and specific plans to increase company share. You will report to the Head of Central USRM. We're looking for someone who has these abilities and skills: Moderate to extensive underwriting large risk management accounts with focus on high deductible, self-insured retentions, captives, group captives, bundled and unbundled claims. Knowledge of workers compensation, general liability and automobile lines of business. Ability to develop and maintain relationships with customers and producers. You should possess robust analytical and problem-solving skills as well as robust sales and marketing abilities. Robust organizational, time-management and multi-tasking skills. Outstanding communication: excellent verbal and written communication, collaboration and presentation skills. Strategic thinking: visualize what doesn't exist and know how to get there. Can invent, design and build. Mental agility: innovative thinker, willing to turn ideas on their head. Bright and can handle highly complex situations. Proven demonstration of initiative, interpersonal skills, integrity, and a professional demeanor are critical. AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don't just provide re/insurance, we reinvent it. By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business ? property, casualty, professional, financial lines and specialty. With an innovative and flexible approach to risk solutions, we partner with those who move the world forward. 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. 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. 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. The U.S. base salary range for this position is USD 107,600 - $209,100. Actual pay will be determined based upon the individual's skills, experience and location. We strive for market alignment and internal equity with our colleagues' pay.
AXA XL provides customized risk management programs for major businesses and institutions operating in the U.S. Underwriters have deep expertise and broad authority for quick execution. Your focus is to establish proven relationships internally and externally and to act as the critical interface between our brokers, clients and the company. You are expected to continuously contribute towards improving our current working and underwriting practices. Your essential responsibilities include producing, underwriting, managing and servicing a profitable book of new and renewal business per AXA XL underwriting guidelines. Underwriter conducts risk review and analysis. Also, determines terms & conditions and appropriate pricing in accordance with granted authority and AXA XL underwriting guidelines. Underwriter effectively negotiates and secures policy terms that align with AXA XL directives. Underwriter cultivates key broker relationships in the region to maintain a steady stream of business within our underwriting appetite. Underwriter cultivates effective business relationship with accounts, providing risk stewardship including initial setup of service commitments and ongoing consultation. Completes all required steps on account setup, documentation, and account management. Partners with internal service providers to build long-term relationships between customers/brokers and AXA XL, managing expectations of all parties. Underwriter cross-markets with other AXA XL lines; meets with brokers and insureds as required. Develop and manage underwriting strategies for both renewals and targets within his/her portfolio of accounts, including knowledge of the current penetration by product, cross marketing penetration and specific plans to increase company share. You will report to the Head of Central USRM. We're looking for someone who has these abilities and skills: Moderate to extensive underwriting large risk management accounts with focus on high deductible, self-insured retentions, captives, group captives, bundled and unbundled claims. Knowledge of workers compensation, general liability and automobile lines of business. Ability to develop and maintain relationships with customers and producers. You should possess robust analytical and problem-solving skills as well as robust sales and marketing abilities. Robust organizational, time-management and multi-tasking skills. Outstanding communication: excellent verbal and written communication, collaboration and presentation skills. Strategic thinking: visualize what doesn't exist and know how to get there. Can invent, design and build. Mental agility: innovative thinker, willing to turn ideas on their head. Bright and can handle highly complex situations. Proven demonstration of initiative, interpersonal skills, integrity, and a professional demeanor are critical. AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don't just provide re/insurance, we reinvent it. By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business ? property, casualty, professional, financial lines and specialty. With an innovative and flexible approach to risk solutions, we partner with those who move the world forward. 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. 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. 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. The U.S. base salary range for this position is USD 107,600 - $209,100. Actual pay will be determined based upon the individual's skills, experience and location. We strive for market alignment and internal equity with our colleagues' pay.