Job Description
Senior Construction Underwriter Sydney, New South Wales/ Melbourne, Victoria AXA XL is looking for an experienced underwriter to take a prominent role in growing our Construction portfolio in Australia
The role will include underwriting of large and complex projects as well as annuals
The right candidate will be able to draw upon a solid background of technical underwriting
You will have the support of highly qualified & experienced risk engineers in the underwriting process and actuaries to help you quantify and price these risks
You will be collaborating with an established team of Energy and Construction underwriters, who enjoy what they do a great deal, are able to have fun, believe that creativity exists in underwriting and most of all love a sense of belonging to a team
It will be important to be visible and approachable to brokers and clients alike
Effective verbal and written communication skills, along with collaborative behaviour will be essential to the role
The opportunities will come via brokers across Australia and not limited to the location of the underwriter
This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime
What you’ll be DOING What will your essential responsibilities include
Underwrite, manage and service a renewal book and produce new business in accordance with business unit goals
Negotiate with producers within the limits of your delegated authority and in accordance with established underwriting standards
Underwriting within Group rules & guidelines
Effective engagement with brokers, ensuring relationship growth and a good flow of new business
Upholding and enhancing AXA XL’s brand in the market
Accountability for underwriting results of the construction book; contributing to overall strategy and financial planning
Collaborating with colleagues from wider AXA XL, cross selling with other products where appropriate
You will report to the Underwriting Manager, Energy and Construction - Australia
What you will BRING We’re looking for someone who has these abilities and skills: Required Skills and Abilities: Bachelor’s degree preferred with equivalent senior experience in Construction underwriting
A technical underwriting background in Construction line of business with a demonstrable background in writing large complex corporate risks
Analytical Skills - Visualize, gather information, articulate, analyze and solve complex problems
Industry Knowledge - Understanding of the insurance industry and specific product portfolios to positively impact the underwriting business
Ability to respond to a changing market environment with flexibility and innovation
Ability to work independently
Excellent interpersonal skills and collegiate behavior
Commercially astute and able to contribute to growth and development of the construction portfolio
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 Inclusion 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 Learn more at axaxl.com/about-us/inclusion-and-diversity
AXA XL is an Equal Opportunity Employer
Total Rewards 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 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 axaxl.com/sustainability.