
Senior Underwriter - Construction (CAR/EAR/DSU)
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