ChicagoRecruiter Since 2001
the smart solution for Chicago jobs

Senior Underwriter - Property

Company: XL CATLIN
Location: Chicago
Posted on: November 27, 2022

Job Description:

Job Description - Senior Underwriter - Property (23000031D20220614) Job Description Senior Underwriter - Property ( Job Number: 23000031D20220614 ) DISCOVER your opportunity Chicago, IL - USA We invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clients' potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters. The Underwriter plays an important part in providing Brokers and Clients in the Western Region with a service that supports the positive image of the AXA XL brand. Therefore, the role requires a significant amount of interaction with Clients, Brokers and internal stakeholders. Working as part of the Western Region Property UW Team, the role will be focused on securing new business opportunities by providing leading edge solutions for client needs. What will your essential responsibilities include?

  • Developing and structuring tailor-made solutions by considering the Property Underwriting guidelines and Underwriting policy to win new business and retain existing customers.
  • Evaluating appropriate risk premium by considering the risk costs inherent to the Property Sector, reinsurance cessions as well as the underwriting and general administration costs to ensure profitability.
  • Initiate opportunities for cross-selling.
  • Control timely implementation of New and Renewal accounts according to quality standards (including policy- and invoice issuance).
  • Monitor premium collection according to standards and take actions.
  • Advise, assist and service clients on insurance and risk management matters to ensure clients satisfaction and respond to client and AXA XL queries in a timely manner.
  • Ensure timely implementation of Policy endorsements and ensure proper hand-over for implementation.
  • The Underwriter may have a responsibility for the development of skills, knowledge and competencies of less experienced colleagues.
  • They will develop best practice and the sharing of underwriting knowledge within the team.
  • Proactively foster positive relationship with clients to get mutual understanding of their needs. You will report to a senior member of the Western Region, NA Property Underwriting team. We're looking for someone who has these abilities and skills:
    • Minimum 3-5 -years underwriting experience with thorough technical knowledge of underwriting, rating methodologies, forms and business processes.
    • Candidate needs to have basic understanding of global and domestic property underwriting. Large account experience and HPR background is a plus.
    • Excellent analytical skills.
    • Excellent marketing, presentation and negotiation skills.
    • Ability to develop and maintain relationships with customers, producers and trading partners. 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. 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. Our enterprise I&D mission is to become the most inspiring company to work for. We're achieving this through our three areas of focus:
      • Drive an Inclusive Culture -create a global workplace that works for everyone, with a culture that values all individuals, backgrounds and ideas, and where every colleague feels safe, valued and respected.
      • Diversify Our Workforce -increase the representation of women in leadership, achieving 50% by 2023, and focus on underrepresented populations by region, positioning AXA XL as an employer of choice for all talent.
      • Support Our Marketplace & Communities -support our communities and visibly and thoughtfully champion equity around the globe. At AXA XL our approach to corporate responsibility (CR) is the same as our approach to business; constantly seeking to provide innovative solutions to the world's most complex problems. From offering our expertise, products and services to help build more resilient communities, to advancing understanding and response to climate change, our strategy - Our Impact. Our Future. - aligns key issues that are pertinent to our business - climate, water and financial resilience - and contributes to AXA Group's purpose to "Act for human progress by protecting what matters."
        • Climate: We're reducing our carbon footprint, protecting ecosystems and exploring how our business can help build a better world.
        • Water: We're developing water resilience where it is - and will be - needed most.
        • Financial resilience: We're helping create opportunities for the unemployed and underemployed, so they can be better prepared for unexpected changes.
        • Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as our "Hearts in Action" programs. AXA XL is an Equal Opportunity Employer. Location : US-IL-Chicago Work Locations : US IL Chicago 190 S. LaSalle Street 190 South La Salle Street Suites 600, 3900 & 2800 Chicago 60603 Job Field : Conversion1 Schedule : Full-time Job Type : Standard AXA XL is an Equal Opportunity Employer and does not discriminate against any colleague or applicant for employment on the basis of race, color, national origin, religion, sex, gender identity and/or expression, sexual orientation, age, disability, genetic information, veteran status, military status or any other category protected by local law.

Keywords: XL CATLIN, Chicago , Senior Underwriter - Property, Other , Chicago, Illinois

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Log In or Create An Account

Get the latest Illinois jobs by following @recnetIL on Twitter!

Chicago RSS job feeds