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Underwriter II, Large Commercial Excess Casualty, Bermuda

ExperiencedNo visa sponsorship
AXA logo

at AXA

Other

Posted 4 days ago

No clicks

**Underwriter II, Large Commercial Excess Casualty, Bermuda** AXA XL seeks an experienced Underwriter II to drive profitable growth in our Excess Casualty division based in Bermuda. Key responsibilities include underwriting complex Large Commercial risks, conducting risk analysis and quantification, negotiating terms with brokers, and representing the company at industry conferences. This role requires a strong caseload-focused underwriter with a proven track record, preferably in Excess Casualty, and a robust understanding of casualty insurance, including occurrence-reported, claims-made and occurrence. Proficiency in analytical tools and industry-accepted policy forms is essential, as is the ability to work independently, collaborate effectively with teams, and maintain strong client relationships. A Bachelor's degree or equivalent is required.

Compensation
Not specified

Currency: Not specified

City
Not specified
Country
Not specified

Full Job Description

As an Underwriter within our Excess Casualty insurance team you will deliver a profitable underwriting service to clients 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? Review complex submissions including applications, policy wording, inspection reports, loss runs and financial reports. Proactively advise, assist, service and follow up with clients on insurance and risk management matters. Support the business planning and forecasting process; monitor financial exposure within outlined limits; monitor premium income to ensure it remains within set limits. Analysis and quantification of casualty risk exposures. Determine premium rates for individual accounts using analytical tools and insights while ensuring profitability. Negotiate with brokers on premiums, terms and conditions. Chair client-underwriting meetings with prospective clients and existing insureds in order to qualify inherent risks and exposures to the Companys policies. Provide support to Senior Underwriters on selected accounts. Identify opportunities for portfolio growth through cross sell and upsell strategies. Work in conjunction with other team members to aggressively solicit new business and increase market penetration through the development of successful relationships with key brokers. Represent the Company at various industry conferences as required. Work collaboratively, assisting underwriters, underwriting assistants and management team. Complete ad hoc projects as required. What youll bring Were looking for someone who has these abilities and skills: Some insurance experience. Casualty Insurance experience preferred. Bachelors degree (or equivalent). Experience with industry accepted policy forms, occurrence-reported, claims-made and occurrence. Robust interpersonal skills and the ability to communicate effectively. Possess demonstrated technical knowledge and skills including product & industry. Possess analytical and problem solving skills as well as sales and marketing abilities. Possess customer service and negotiation skills. Organizational, time-management and multi-tasking skills combined with a Robust work ethic. Ability to work self-directed. Ability to respond to a changing environment with flexibility and innovation. 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.

Underwriter II, Large Commercial Excess Casualty, Bermuda

Compensation

Not specified

City: Not specified

Country: Not specified

AXA logo
Other

4 days ago

No clicks

at AXA

ExperiencedNo visa sponsorship

**Underwriter II, Large Commercial Excess Casualty, Bermuda** AXA XL seeks an experienced Underwriter II to drive profitable growth in our Excess Casualty division based in Bermuda. Key responsibilities include underwriting complex Large Commercial risks, conducting risk analysis and quantification, negotiating terms with brokers, and representing the company at industry conferences. This role requires a strong caseload-focused underwriter with a proven track record, preferably in Excess Casualty, and a robust understanding of casualty insurance, including occurrence-reported, claims-made and occurrence. Proficiency in analytical tools and industry-accepted policy forms is essential, as is the ability to work independently, collaborate effectively with teams, and maintain strong client relationships. A Bachelor's degree or equivalent is required.

Full Job Description

As an Underwriter within our Excess Casualty insurance team you will deliver a profitable underwriting service to clients 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? Review complex submissions including applications, policy wording, inspection reports, loss runs and financial reports. Proactively advise, assist, service and follow up with clients on insurance and risk management matters. Support the business planning and forecasting process; monitor financial exposure within outlined limits; monitor premium income to ensure it remains within set limits. Analysis and quantification of casualty risk exposures. Determine premium rates for individual accounts using analytical tools and insights while ensuring profitability. Negotiate with brokers on premiums, terms and conditions. Chair client-underwriting meetings with prospective clients and existing insureds in order to qualify inherent risks and exposures to the Companys policies. Provide support to Senior Underwriters on selected accounts. Identify opportunities for portfolio growth through cross sell and upsell strategies. Work in conjunction with other team members to aggressively solicit new business and increase market penetration through the development of successful relationships with key brokers. Represent the Company at various industry conferences as required. Work collaboratively, assisting underwriters, underwriting assistants and management team. Complete ad hoc projects as required. What youll bring Were looking for someone who has these abilities and skills: Some insurance experience. Casualty Insurance experience preferred. Bachelors degree (or equivalent). Experience with industry accepted policy forms, occurrence-reported, claims-made and occurrence. Robust interpersonal skills and the ability to communicate effectively. Possess demonstrated technical knowledge and skills including product & industry. Possess analytical and problem solving skills as well as sales and marketing abilities. Possess customer service and negotiation skills. Organizational, time-management and multi-tasking skills combined with a Robust work ethic. Ability to work self-directed. Ability to respond to a changing environment with flexibility and innovation. 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.