Senior Underwriter

Chicago, IL

$108K/yr – $209K/yr

Posted 3 weeks ago

Job Description

Job Description:

AXA XL's Excess Casualty business unit offers Umbrella and Excess Liability coverage to North American based Insureds. Underwriting teams are based in the United States, Bermuda and Canada. Coverage is written on an occurrence, claims-made or occurrence reported basis. Our broad range of appetite includes clients in manufacturing, retail, hospitality, real estate, banking, wholesale distribution and many more.

Whatyou’ll be doing

The candidate will handle both new and renewal business. This includes:

  • Market and solicit new business opportunities from retail broker partners.
  • Analyze submission data including applications, policy wording, inspection reports, loss runs, and financial reports while conducting appropriate research to determine degree of risk for each account.
  • Utilize underwriting tools including exposure, experience and industry ratings to analyze complex casualty exposure.
  • Underwrite and manage a portfolio of complex casualty risks across a broad range of industries, including construction, manufacturing, real estate, hospitality, retail, and wholesale distribution.
  • Adhere to underwriting guidelines, underwriting authorities and referral requirements as needed to regional management, product management and chief underwriting officers.
  • Collaborate with internal colleagues in the assessment of current and prospective risks, including actuarial, claims, legal and risk engineering.
  • Pro-active service of business in conjunction with our Middle Office to ensure timely and accurate delivery of quotations, binders, policies and endorsements.
  • Cross-sell with other business units including primary casualty, property and other professional lines to maximize deployment of AXA XL’s capital.
  • Monitor trends within the Marketplace to ensure we stay aware and ahead of emerging issues.
  • Contribute to regional planning through the development and execution of your own annual desk-level underwriting plan.
  • Travel throughout the territory (20%) for client, broker and internal meetings.

You will report to the U.S. Underwriting Manager for Excess Casualty.

Whatyou’ll bring

We’re looking for someone who has these abilities and skills:

  • Effective relationships within National and Regional brokerages.
  • Some years of progressive underwriting experience, including umbrella & excess casualty.
  • Experience underwriting construction casualty risks, including general contractors, trade contractors, and project-specific exposures, is preferred but not required.
  • Thorough knowledge of commercial insurance coverages and contracts.
  • Experience working hands-on with actuarial colleagues.
  • Effective project and time-management skills.
  • Effective sales, marketing and negotiation skills.
  • Excellent written and oral communication skills.
  • Bachelor’s Degree or equivalent experience.

Whatweoffer

Inclusion
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. 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 Inclusion & Diversity at AXA XL | AXA XL. AXA XL is an Equal Opportunity Employer.
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.
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. base salary range for this position is USD $107,600- $209,100. 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 2026.
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AXA

As one of the largest global insurers, our purpose is to act for human progress by protecting what matters.Protection has always been at the core of our business, helping individuals, businesses and societies to thrive. And AXA has always been a leader, an innovator, an entrepreneurial company, fostering progress in all its dimensions. Our purpose also links back to the Group's roots. From the outset, AXA has been committed to acting as a force for collective good. From solidarity-based actions with AXA Hearts In Action to work on prevention issues with the AXA Research Fund and the fight against climate change, AXA has always been attentive to its social environment and embraced its responsibility as an insurer: responsibility for taking action upstream in order to better understand risks, with one goal in mind: to ensure better protection. Discover more: https://www.axa.com/en/about-us/our-purposeTo know more about AXA's Privacy Policy - https://www-axa-com.cdn.axa-contento-118412.eu/www-axa-com/1cd44dfb-3b7a-4cf7-933b-06024cf7f25b_axa_privacypolicy_internetusers_va.pdf

Founded in 1985
Paris, Île-de-France, FRA
142K employees

Salaries

Posted range

$108K/yr – $209K/yr

Taken straight from the job posting.

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Senior Underwriter

AXA · Chicago, IL