AXA XL Ltd
Underwriter - Casualty & Workers Compensation
AXA XL Ltd, Stamford, Connecticut, United States, 06925
Underwriter - Casualty & Workers Compensation
Stamford, CT I Hartford, CT I USA
As a Underwriter - Casualty & Workers Compensation for Casualty Treaty, you will, under direction of the Manager and in accordance with established procedures and underwriting authority:
underwrite and maintain/service profitable new and renewal business exercising independent judgment based on comprehensive analysis of reinsurance submissions including terms, conditions and coverage intent; increase our visibility and market share in the Casualty Treaty arena via targeted marketing activities; be dedicated to maximizing the efficiency of the group and provide quality service to internal and external customers.
DISCOVER your opportunity
What will your essential responsibilities include?
Underwriting:
Underwrite terms and conditions of new and renewal accounts by collecting, reviewing, and analyzing account information in line with risk appetite
Gain proficiency with our internal pricing and modeling tools in order to establish appropriate pricing options on accounts in various structures and lines of casualty business
Negotiate competently with brokers and clients, providing constructive feedback and offering alternative risk solutions when needed
Make presentations to senior management on larger accounts outside of underwriting authority with ability to articulate and support thought processes in a clear, cohesive and succinct manner
Execute strategic underwriting plans aligned with premium and profitability objectives and service excellence
Effectively communicate with Underwriting, Actuarial, Legal, Accounting and Underwriting Service Departments on issues that involve pricing, contract wording, premium and loss bookings as well as claims to ensure profitability of accounts and compliance with corporate guidelines
Develop, maintain and service a profitable book of business; participate in customer account renewal meetings and underwriting audits; and provide top quality customer service to brokers and cedants.
Business Development:
Work closely with the Manager in the execution of strategy and business development activities including but not limited to: identification of key brokers and markets; planning and participation in marketing activities/events with clients and brokers as well as attending targeted industry conventions; completion and implementation of action plans from marketing activities; accompany other Casualty Treaty underwriters on broker/client visits as needed; and play an important role in the growth and visibility of the Team in the Casualty Treaty space.
Collaboration:
Work effectively in a team setting; contribute to the creation and sustenance of a high-performance team by embracing and understanding department and business unit goals
Recognize broader relationships on accounts within reinsurance outside of US Casualty Treaty when assessing risks and communicate accordingly and take initiative on cross selling opportunities with other departments and lines of business
Contribute to and implement actions to improve performance and efficiency
Actively network with industry peers to keep current on market dynamics
Other Responsibilities:
Perform other related duties including general administration of department affairs
Complete special projects and other functions, as required
You will report to Head of Standard Casualty.
Stamford, CT I Hartford, CT I USA
As a Underwriter - Casualty & Workers Compensation for Casualty Treaty, you will, under direction of the Manager and in accordance with established procedures and underwriting authority:
underwrite and maintain/service profitable new and renewal business exercising independent judgment based on comprehensive analysis of reinsurance submissions including terms, conditions and coverage intent; increase our visibility and market share in the Casualty Treaty arena via targeted marketing activities; be dedicated to maximizing the efficiency of the group and provide quality service to internal and external customers.
DISCOVER your opportunity
What will your essential responsibilities include?
Underwriting:
Underwrite terms and conditions of new and renewal accounts by collecting, reviewing, and analyzing account information in line with risk appetite
Gain proficiency with our internal pricing and modeling tools in order to establish appropriate pricing options on accounts in various structures and lines of casualty business
Negotiate competently with brokers and clients, providing constructive feedback and offering alternative risk solutions when needed
Make presentations to senior management on larger accounts outside of underwriting authority with ability to articulate and support thought processes in a clear, cohesive and succinct manner
Execute strategic underwriting plans aligned with premium and profitability objectives and service excellence
Effectively communicate with Underwriting, Actuarial, Legal, Accounting and Underwriting Service Departments on issues that involve pricing, contract wording, premium and loss bookings as well as claims to ensure profitability of accounts and compliance with corporate guidelines
Develop, maintain and service a profitable book of business; participate in customer account renewal meetings and underwriting audits; and provide top quality customer service to brokers and cedants.
Business Development:
Work closely with the Manager in the execution of strategy and business development activities including but not limited to: identification of key brokers and markets; planning and participation in marketing activities/events with clients and brokers as well as attending targeted industry conventions; completion and implementation of action plans from marketing activities; accompany other Casualty Treaty underwriters on broker/client visits as needed; and play an important role in the growth and visibility of the Team in the Casualty Treaty space.
Collaboration:
Work effectively in a team setting; contribute to the creation and sustenance of a high-performance team by embracing and understanding department and business unit goals
Recognize broader relationships on accounts within reinsurance outside of US Casualty Treaty when assessing risks and communicate accordingly and take initiative on cross selling opportunities with other departments and lines of business
Contribute to and implement actions to improve performance and efficiency
Actively network with industry peers to keep current on market dynamics
Other Responsibilities:
Perform other related duties including general administration of department affairs
Complete special projects and other functions, as required
You will report to Head of Standard Casualty.