Senior Underwriter

Senior Underwriter- Inland Marine Chicago, IL | New York, NY I Boston, MA | USA As a Senior Underwriter, you will be responsible for delivering a profitable ‘Underwriting’ service to your clients. Your key tasks include: underwriting business within the agreed business plan and individual authority;supporting the business planning and forecasting process; monitoring financial exposurewithin outlined limits; monitoring premium income to ensure it remains within set limits; maintaining awareness of all claims advised while supporting and providing input on settlement of claims; ensuring adequate reinsurance acquired to cover specific risks; building and maintaining relationships with brokers and clients; supporting the design and structure of risks. DISCOVER your opportunity What will your essential responsibilities include? Reviewing submissions including, specifications, policy wording, inspection reports, loss runs, and financial reports while conducting appropriate research to determine degree of risk for each account. Calculating appropriate risk premium by considering the risk costs inherent to the … sector, loss experience, reinsurance cessions as well as the Underwriting and general administration costs while ensuring profitability. Proactively advising, assisting, servicing and following up with clients on insurance and risk management matters to ensure satisfaction and fulfillment of their insurance requirements. Effective relationship management to initiate opportunities for cross-selling offered products and ensuring account retention. Controlling timely implementation of new and renewed accounts according to quality standards. In coordination with other internal teams, determining appropriate reinsurance for risk placements on an excess of loss basis. Reviewing loss control reports and managing policy endorsement requests to process any necessary changes to the policy. Maintain awareness of all claims advised while supporting and providing input on settlement of claims. Working collaboratively in a team environment, assisting underwriters, underwriting assistants and management team. Work with other business units on cross sell opportunities You will report to Head of Inland Marine. SHARE your talent We’re looking for someone who has these abilities and skills: Required Skills and Abilities: Bachelor’s Degree (or equivalent) The successful candidate will have some experience in Marine Insurance. Desired Skills and Abilities: Under technical direction, works within significant limits on assignments of higher technical complexity and coordination. Possesses demonstrated technical knowledge and skills, including product and industry, reflective of successful progression through various job family levels. Advanced analytical, negotiation and sales/marketing skills. Excellent written and oral communication skills. Interpersonal Savvy - Demonstrated ability to build and maintain outstanding insured and broker contacts. Ability to develop and understand business processes, strategy and planning. Collaborative team player who provides creative solutions and ideas for resolution FIND your future 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. Inclusion & Diversity