Senior Underwriter – Construction and Energy

Job Description - Senior Underwriter Construction and Energy (11007438D20240528)

Senior Underwriter Construction and Energy

At AXA XL we provide dedicated expertise to solve risk management challenges for our clients by delivering unique solutions, significant capacity and diverse experience.

We help to find solutions to our clients’ risk management challenges that further their strategic goals and help them build more sustainable and thriving businesses.

AXA XL is committed to a carbon net zero future.

Our Canadian Construction and Energy underwriting team is looking to add a Construction and Energy underwriter. Using your in-depth underwriting expertise, you will tailor effective solutions for our current and prospective clients, partnering with dedicated industry experts who have robust construction industry risk management experience.

You will also have the support of highly qualified and experienced risk engineers to keep abreast of the latest developments and actuaries to help you quantify and price risks and will be working alongside an established team of Construction and Energy Underwriters.

The role requires a significant amount of interaction with clients, brokers, and internal stakeholders and the right candidate should be able to draw upon a solid background of technical underwriting expertise in Construction and Energy risks underwriting.

Outstanding verbal and written communication skills along with collaborative behavior will be essential for the role.

This is an exciting role for someone who wants to be part of a greener future and who can combine technical knowledge with adaptive underwriting while delivering profit.

Essential Responsibilities :

• Developing and structuring tailor-made solutions by considering the Underwriting guidelines and Underwriting policy to win new business and retain existing customers.
• Reviewing submissions, terms and conditions, statement of values, loss history and catastrophic modeling and conducting appropriate research to determine the degree of risk for each account based upon company Guidelines and underwriting authority granted.
• Coordinating with varied business divisions including Actuarial, Claims, Reinsurance, Accounting, Marketing, Risk Engineering, Regulatory and others internally that support our businesses.
• Determining quote or declination of risk.
• Calculating rates and premium charges using approved rating models.
• Developing and modifying policy wording in accordance with delegated underwriting authority when the standard forms are not appropriate.
• Actively cross-sell afforded products and services.
• Supporting service standards in delivery of Construction and Energy products and services.
• Marketing to producers to secure new and renewal business and initiate opportunities for cross-selling within your unit and across all lines of business in Canada.
• The role may have a responsibility for the development of skills, knowledge and competencies of less experienced colleagues.
• Working effectively with other members of your team.
• Leadership and involvement in special projects as assigned by management.

In this role you will report to the Head of Construction and Energy at AXA XL, Toronto, Canada. The Candidate can be located in Toronto, Calgary, Vancouver or Montreal.

Qualifications :

• Extensive Construction Property (Builders Risk) and Operational Energy (Renewables, Power etc.) Property Underwriting Experience.
• Ability to work independently and as an open-minded team player.
• Robust insured and broker interaction skills.
• Excellent written and oral communication skills.
• Excellent organizational, time-management and multi-tasking skills.
• Proficiency with Microsoft Office Suite.
• Bilingual (English / French) skills are an asset.
• Knowledge of Primary Casualty including Wrap-Ups and Excess and Umbrella liability is a plus.
• Bachelor's Degree required; advanced education and / or professional designations preferred.
• Willingness to travel (approximately 25% travel as necessary) within Canada and the USA.

Location : Canada (Toronto, Calgary, Vancouver, Montreal)

Schedule : Full-time

Job Type : Standard

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