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AXA UK

Senior Underwriter - Construction (CAR/EAR/DSU)

London, United KingdomPosted 1 months ago
Full-timehybrid

Job Description

AXA XL’s UK & Lloyd’s Construction & Engineering team underwrites Construction and Erection All Risks (CAR/EAR) for a diverse global client base

Our portfolio spans Coverholders, Contractors, Owners, Utilities, Developers and OEMs, and we work closely with all major London broking houses

With a robust pipeline of new business and a growing appetite across CAR, EAR, DSU and first-year operations, this is an excellent opportunity to join an established and energetic team

We are seeking an experienced Construction/Erection Underwriter with deep market knowledge and influential broker relationships to help drive the continued build-out of our portfolio

You will play a key role in delivering profitable underwriting results, shaping risk strategy, and representing AXA XL as a market-leading partner to clients and brokers

This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime

What you’ll be doing As Senior Underwriter, you will be responsible for delivering a profitable, high-quality underwriting service across a broad range of construction risks

Your

will include: Underwriting & Portfolio Management Reviewing submissions, including policy wordings, inspection reports and loss runs, and conducting detailed analysis to assess risk quality

Pricing risks appropriately by considering technical risk costs, reinsurance structures, and underwriting/administration expenses to ensure sustainable profitability

Underwriting business within agreed authority levels and contributing to the wider business planning and forecasting process

Monitoring aggregate exposures, premium income, and portfolio performance to ensure alignment with plan and risk appetite

Client & Broker Engagement Building and maintaining effective relationships with brokers and clients to support new business development and account retention

Providing proactive advice on insurance and risk management matters, ensuring clients receive a tailored and responsive service

Identifying opportunities for cross-selling and supporting broader AXA XL initiatives

Policy & Claims Oversight Reviewing loss control reports and managing endorsement requests to ensure accurate and timely policy issuance

Maintaining awareness of all notified claims and providing input into claims strategy and settlement discussions

You will report directly to the Head of Construction, UK & Lloyd’s

What you’ll bring We’re looking for someone who has these abilities and skills: Required Skills and Abilities: Proven experience underwriting construction projects and annuals profitably

Excellent understanding of the CAR/EAR market and the factors influencing performance

Established broker and client network, ideally including renewable energy sector relationships

Excellent communication and customer service skills

Proven analytical, negotiation and commercial skills

Proficiency with pricing tools and solid working knowledge of Microsoft Excel

Familiarity with broker manuscript and industry-standard CAR/EAR wordings

Understanding of linesize management and portfolio steering

Desired Skills and Abilities: Background in engineering or construction, or a relevant technical degree

Binder and lineslip experience (preferred but not essential)

Progress toward Cert CII or higher

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

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

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

and personalized, inclusive

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

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

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Senior Underwriter - Construction (CAR/EAR/DSU) at AXA UK | Renata