AXA XL Ltd
Senior Underwriter - Property Treaty, Reinsurance
AXA XL Ltd, Stamford, Connecticut, 06925
Senior Reinsurance Underwriter – Property Treaty Stamford, CT I USA As a Senior Reinsurance Underwriter for Property 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 Property Treaty arena via targeted marketing activities; be dedicated to maximizing the efficiency of the group and providing 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 n conjunction with proper risk assessment 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 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 Property Treaty underwriters on broker/client visits as needed; and play an important role in the growth and visibility of the Team in the Property 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 Property 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 directly to the Head of Property Treaty.