Job Description
The Senior Underwriter plays an important part in providing Brokers and Clients with services that enhance the positive image of the AXA XL brand
The role therefore requires a significant amount of interaction with Clients, Brokers and internal stakeholders
Working as part of the Underwriting Team, the role will be focused on securing new business opportunities and managing a renewal portfolio, while providing leading edge solutions for client needs
What you’ll be doing What will your essential responsibilities include
Managing and underwriting a profitable book of new and renewal business per AXA XL guidelines, appetite, and philosophy
Developing and structuring tailor-made risk solutions to win new business and retain existing customers
Analyzing risk and determining terms and conditions as well as appropriate pricing in accordance with granted authority and AXA XL guidelines
Reviewing and approving policy wordings
Managing global programs, reinsurance cessions and facilitating premium flow within the network
Ensuring timely service to clients and distribution partners
Monitoring premium collection according to standards and take actions
Initiating cross sell opportunities
Participating in development of risk appetite and underwriting strategies
Providing coaching and mentoring support to less experienced team members
Providing information, guidance and advice to clients and brokers
Monitoring market conditions and activities of existing and potential clients and competitors
Proactively foster positive relationship with clients to gain full understanding of their needs
You will report to Underwriting Manager, Construction and Energy
What you’ll bring We’re looking for someone who has these abilities and skills: Required Skills and Abilities: Bachelor’s Degree preferred; professional designations CIP, FCIP, CRM a plus
Extensive experience in the Energy sector – Renewable energy, power generation, mining and oil and gas
Thorough technical knowledge of underwriting, rating methodologies, catastrophe modelling and interpretation, forms, and reinsurance concepts
Ability to deal effectively and respectfully with individuals at all levels of the organization, as well as externally
Self-starter with the ability to work independently as well as in collaboration with other departments
Ability to work well under tight deadlines, including organizational and time management skills
High level of integrity, confidentiality, and accountability
Outstanding communication skills, including the ability to influence as well as challenge others
Excellent analytical skills
Excellent marketing, presentation, and negotiation skills
Excellent relationships with customers, producers, and trading partners
Excellent decision-making skills
Who we are 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
How
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
Learn more at axaxl.com What we offer 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 a diverse workforce enable business growth and are critical to our success
That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can 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 Learn more at axaxl.com/about-us/inclusion-and-diversity
AXA XL is an Equal Opportunity Employer
Sustainability 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
Our Pillars: Valuing nature: How we impact nature affects how nature impacts us
Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future
We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans
Addressing climate change: The effects of a changing climate are far reaching and significant
Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption
We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions
Integrating ESG: All companies have a role to play in building a more resilient future
Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business
We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting
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
For more information, please see Sustainability at AXA XL
The Canada base salary range for this position is CAD 121,700-171,700
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
At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits
We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers.