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Underwriting Development Program- Associate Underwriter; Wholesale
Underwriting Development Program- Associate Underwriter; WholesaleAXA • New York, NY, US
Underwriting Development Program- Associate Underwriter; Wholesale

Underwriting Development Program- Associate Underwriter; Wholesale

AXA • New York, NY, US
[job_card.30_days_ago]
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  • [job_card.full_time]
[job_card.job_description]

Associate Underwriter Opportunity

Ready to kick start your career? Join AXA XL as an Associate Underwriter and embark on a comprehensive Underwriting Development Program designed to build your expertise in insurance. Throughout this program, you will gain hands-on experience, participate in industry-specific training, and explore emerging trends. You'll also develop essential business skills through interactive workshops; all while being mentored by experienced professionals. This unique opportunity is crafted to accelerate your growth within the underwriting field and prepare you for a successful career in insurance. Our Wholesale Solutions team at AXA XL, poised for growth in the dynamic world of Excess and Surplus lines. This is a unique opportunity to be part of an innovative team that has been unlocking the future since 1978, creating teams that excel at innovation, expanding geographically, building new products, and serving our wholesale partners with excellence.

Essential Responsibilities

  • Pre-underwrites, evaluates risk, and assesses completeness of the underwriting package before underwriter is required to review.
  • Communicate directly with Brokers on behalf of the Underwriters to collect account and insured information necessary for risk analysis.
  • Perform and apply knowledge of line of business specific product underwriting rules and / or guidelines for pre-analysis support of submission in preparation of further analysis for quoting stage.
  • Develop initial pricing, basic coverage structuring, quotation, and binder packages of the risk on behalf of the Underwriter.
  • Collaborate effectively with Underwriters, Brokers, Reinsurers, and internal units within AXA XL to manage the status and workflow of multiple tasks and accounts.
  • Communicate account status to ensure completion of outstanding subjectivities needed to execute policy issuance and premium collection as part of bound accounts.
  • Calculate base rating and apply experience modifications as part of underwriting package completed by Underwriting Support Unit for Underwriter review.
  • Manage the workflow of multiple tasks and maintain a detailed understanding of the status of various tasks owned by Underwriters, Brokers, Reinsurers, and AXA XL internal network.
  • Communicate account status to ensure completion of all tasks including premium collection as part of bound accounts.
  • Collaborate and correspond verbally and in written format with internal and external contacts across the country, keeping in mind differences in time zones, to achieve a high level of service and meet client expectations.

Desired Skills and Abilities

We're looking for someone who has these abilities and skills : Exceptional organizational and time management skills with the ability to perform accurate mathematical calculations. Robust collaborative skills in a fast-paced team-centric environment. Outstanding interpersonal, presentation, written and verbal communication skills. The ability to demonstrate critical thinking, decision making, and problem-solving skills. A bachelor's degree is required.

About AXA XL

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. 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.

Inclusion and 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 enables business growth and is critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. 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.

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.

Total Rewards

AXA XL's Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do. We're committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence. Applicants for this role must be legally authorized to work in the United States without sponsorship now or in the future. The U.S. base salary range for this position is $66,600 105,100 USD. 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.

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