Company

AxaSee more

addressAddressNew York, NY
salary Salary$64,500 - $114,500 a year
CategoryManufacturing

Job description

Underwriter I - Rail
Exton, PA; New York, NY
Railroad companies with complex risks turn to AXA XL for an array of liability coverages to protect their assets in the event of losses beyond the self-insured retention (SIR) or the limits of their primary insurance program.
AXA XL North America Railroad business unit offers liability coverage to North American based Insureds. Underwriting teams are based throughout the United States. We have a vast appetite for risk with a portfolio that includes freight railroads, transit, light rail systems, rail contractors, and many more.
As an Underwriter I, you will be responsible for delivering a profitable ‘Underwriting’ service to your clients. You’ll be joining an established team of senior underwriters as part of AXA XL’s Railroad Unit.
DISCOVER your opportunity
What will your essential responsibilities include?
  • Reviewing submissions including applications, policy wording, inspection reports, loss runs, and financial reports while conducting appropriate research to determine degree of risk for each account.
  • Underwriting business within the agreed business plan and individual authority. Calculating appropriate risk premium by considering the risk costs inherent to the … rail sector, program structure, and general administration costs while ensuring profitability.
  • Proactively advising, assisting, servicing, and following up with clients on insurance and risk management matters to ensure satisfaction and fulfillment of their insurance requirements.
  • Effective relationship management to initiate opportunities for cross-selling offered products and ensuring account retention.
  • Controlling timely implementation of new and renewed accounts according to quality standards.
  • Reviewing loss control reports and managing policy endorsement requests to process any necessary changes to the policy.
  • Supporting the business planning and forecasting process; monitoring financial exposure within outlined limits; monitoring premium income to ensure it remains within set limits.
You will report to Head of North America Railroad
SHARE your talent
We’re looking for someone who has these abilities and skills:
Required Skills and Abilities:
  • Bachelor's Degree (or equivalent)
  • 2-5 years’ experience in the relevant class of business, possessing functional knowledge and skills reflective of a fully competent practitioner.
  • Strong Industry Knowledge and Commercial/Business Acumen.
  • Analytical, negotiation and sales/marketing skills
  • Excellent written and oral communication skills. Excellent customer service focus is a must.
  • Interpersonal Savvy - Demonstrated ability to build and maintain strong insured and broker contacts.
  • Ability to develop and understand business processes, strategy, and planning.
  • Collaborative team player who provides creative solutions and ideas for resolution.
  • Flexible work hours are required and up to 15% of the position responsibilities involve marketing and travel.

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 pay range for this position is $64,500– $114,500 . 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.

Benefits

Matching gift program, Flexible schedule
Refer code: 9438788. Axa - The previous day - 2024-07-02 04:10

Axa

New York, NY
Popular Underwriter jobs in top cities

Share jobs with friends

Related jobs

Underwriter I, Rail

Vice President, Underwriter

Situsamc

$150,000 - $200,000 a year

New York, NY

2 days ago - seen

Underwriter

Ryan Specialty, Llc

$90,000 - $100,000 a year

New York, NY

2 days ago - seen

Insurance Underwriter: Excess and Surplus Lines

David J. Louie, Inc.

$55,000 - $105,000 a year

New York, NY

2 days ago - seen

Insurance Underwriter

David J. Louie, Inc.

$45,000 - $80,000 a year

New York, NY

2 days ago - seen

Administrative Underwriter Assistant- Community Associations

York State Department Of Labor

New York, NY

2 weeks ago - seen

Asset Based Lending Underwriter

Bank Of America

New York, NY

3 weeks ago - seen

Underwriter II-Healthcare Real Estate/ABL

First Citizens Bank

$95000 - $100000 per year

New York, NY

4 weeks ago - seen

Community Development Banking Underwriter

Bank Of America

$80,000 - $141,700 a year

New York, NY

a month ago - seen

VP, Underwriter - Commercial Services

First Citizens Bank

New York, NY

a month ago - seen

Account Executive/Underwriter Select Small Commercial

Pix11

New York, NY

2 months ago - seen

Stop Loss Group Underwriter Consultant Senior

Pix11

New York, NY

2 months ago - seen

Employer Stop Loss Senior Underwriter

York State Department Of Labor

New York, NY

2 months ago - seen

Lead Underwriter - Site Pollution

York State Department Of Labor

New York, NY

2 months ago - seen

Senior Executive Property E&S Underwriter

Amtrust Financial

life insurance, paid time off, 401(k)

Melville, NY

2 months ago - seen

Senior Executive Property E&S Underwriter

Amtrust Financial

life insurance, paid time off, 401(k)

Latham, NY

2 months ago - seen

Senior Financial Institutions Underwriter (Levell III or AVP, Level IV)

Zurich Insurance Company Ltd.

New York, NY

2 months ago - seen

Senior Underwriter/Portfolio Manager - Sponsor - Now Hiring

First Citizens Bank

$150000 - $175000 per year

New York, NY

2 months ago - seen