What are the responsibilities and job description for the Underwriter I, Property Facultative position at AXA?
Underwriter I - Property Facultative Reinsurance
New York, NY I USA
The Reinsurance Underwriter will, under direction of assigned manager and in accordance with established Facultative Property procedures, underwrite new and renewal commercial Property business, be a visible presence in the marketplace by representing our company at industry marketing events, develop new and existing client relationships to help increase our market share, be dedicated to maximizing the efficiency of the group, maintaining morale, and providing quality service to internal and external customers.
DISCOVER your opportunity
What will your essential responsibilities include?
- Responsible for underwriting and production of individual risk accounts (approx. $2.5m)
- Maintain client/broker contacts and relationships as appropriate
- Contribute to individual risk audit process as appropriate
- Manage individual risk T&E expenditures as appropriate in coordination with Territory Manager
- Contribute to and develop annual personal P&D plan in coordination with Property Fac leadership team
- Contribute to individual risk division training and new hire onboarding as appropriate
- Underwrite terms and conditions and establish pricing for new and renewal property facultative business by gathering, reviewing, and analyzing account information.
- Achieve consistent satisfactory internal/external audit results by adhering to underwriting guidelines, regulatory and rating guidelines.
- Effectively communicate with underwriting, actuarial, legal, underwriting service department and claims staff to ensure profitability of accounts.
- Maintain and service a book of business by analyzing endorsement requests, participating in large loss and customer account team meetings, audits and provide top quality customer service to brokers and cedants.
- Participate in the strategic planning and implementation of business development activities including but not limited to identification of key brokers and markets; participation in marketing to external brokers and cedants, which includes activities and events; completion and implementation of action plans from marketing activities; and accompany other underwriters on broker/client visits as needed.
- Work effectively in a team setting; contribute to the creation and sustaining of a high-performance team by embracing and understanding team and unit goals
- Contribute to and implement actions to improve performance and efficiency
You will report to Property Facultative Individual Risk Territory Manager.
SHARE your talent
We’re looking for someone who has these abilities and skills:
Required Skills and Abilities:
- The candidate should have some exposure to the insurance industry, with an emphasis on commercial property insurance
- Understand policy rating and be proficient in the use of policy rating systems
- Familiarity with policy and contract wording
- Math Aptitude
- Outstanding PC skills
- Detail oriented and accurate, have demonstrated organizational skills and flexibility, have excellent verbal and written communication skills as well as interpersonal skills
- Ability to apply creative, analytical, and mathematical skills to problem-solving; have the ability to work independently, have excellent customer focus, responsiveness and multi-tasking abilities
- Team-oriented and have a consistent commitment to excellence, have the ability to enter information accurately and have the ability to work in a fast-paced environment.
FIND your future
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 don’t 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
Inclusion & Diversity
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 a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It’s 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 axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.
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. We’re 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. We’re 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 XL’s “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.
The U.S. pay range for this position is USD 91,000 – 123,000. Actual pay will be determined based upon the individual’s skills, experience, and location. We strive for market alignment and internal equity with our colleagues’ pay.
At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers. For more details about AXA XL’s benefits offerings, please visit US Benefits at a Glance 2025.
