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AXA XL Ltd

Senior Underwriter - Inland Marine

AXA XL Ltd, Dallas, Texas, United States, 75215


Senior Underwriter- Inland Marine

Atlanta, GA I New York, NY | Chicago, IL I 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 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.

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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 Zone Inland Manager.