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Senior Underwriter- Inland Marine

ExperiencedNo visa sponsorship
AXA logo

at AXA

Asset Management

Posted 3 months ago

No clicks

As a Senior Underwriter, you will deliver a profitable underwriting service for Inland Marine risks, reviewing submissions, assessing risk, calculating premiums, and arranging appropriate reinsurance. You will build and maintain broker and client relationships, support risk management, and coordinate with internal teams to determine reinsurance on excess-of-loss placements. You will guide underwriting decisions, monitor financial exposure and premium income, and support settlements of claims, while aiming for account retention and cross-selling opportunities. You will report to the Underwriting Manager and work in AXA XL’s marine insurance environment.

Compensation
$95,000 – $186,500 USD

Currency: $ (USD)

City
Not specified
Country
United States

Full Job Description

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 exposure within 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. What youll be doing 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 the Underwriting Manager. What youll bring Were looking for someone who has these abilities and skills: Required Skills and Abilities: Bachelors 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 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 dont 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. Thats 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. Its 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 Inclusion & Diversity at AXA XL | AXA XL. AXA XL is an Equal Opportunity Employer. Total Rewards AXA XLs 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. Were 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. Were 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. Were 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 XLs 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 U.S. base salary range for this position is USD 95,000 186,500. Actual pay will be determined based upon the individuals 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. For more details about AXA XLs benefits offerings, please visit US Benefits at a Glance 2026.
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SIMILAR OPPORTUNITIES

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Senior Underwriter- Inland Marine

Compensation

$95,000 – $186,500 USD

City: Not specified

Country: United States

AXA logo
Asset Management

3 months ago

No clicks

at AXA

ExperiencedNo visa sponsorship

As a Senior Underwriter, you will deliver a profitable underwriting service for Inland Marine risks, reviewing submissions, assessing risk, calculating premiums, and arranging appropriate reinsurance. You will build and maintain broker and client relationships, support risk management, and coordinate with internal teams to determine reinsurance on excess-of-loss placements. You will guide underwriting decisions, monitor financial exposure and premium income, and support settlements of claims, while aiming for account retention and cross-selling opportunities. You will report to the Underwriting Manager and work in AXA XL’s marine insurance environment.

Full Job Description

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 exposure within 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. What youll be doing 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 the Underwriting Manager. What youll bring Were looking for someone who has these abilities and skills: Required Skills and Abilities: Bachelors 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 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 dont 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. Thats 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. Its 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 Inclusion & Diversity at AXA XL | AXA XL. AXA XL is an Equal Opportunity Employer. Total Rewards AXA XLs 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. Were 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. Were 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. Were 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 XLs 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 U.S. base salary range for this position is USD 95,000 186,500. Actual pay will be determined based upon the individuals 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. For more details about AXA XLs benefits offerings, please visit US Benefits at a Glance 2026.

SIMILAR OPPORTUNITIES

No similar opportunities available at the moment.