Job Information
Axis Senior Underwriter - Excess Casualty – Construction in Chicago, Illinois
This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.
At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.
All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.
Senior Underwriter - Excess Casualty – Construction
Alpharetta or Chicago
AXIS’ U.S. Excess Casualty Practice is seeking a dynamic Excess Casualty Underwriter to join our Excess Casualty team. Reporting to a Team Leader of US Excess Casualty, the individual will act within established guidelines to actively market, analyze, review, evaluate, and monitor new and renewal lead excess and mid-to-high-attaching excess liability accounts with an average premium of $250,000.
Within a progressive work environment, the individual will be responsible for the development, growth, and profitability of a challenging Excess Casualty book of business. Our Appetite includes a wide range of industries, including Commercial Construction, Manufacturing, Trucking and Transportation across a range of Casualty Products including Excess General Liability, Professional Liability, Commercial Auto, and Employers Liability.
Individuals should be recognized for their strength in new business development and client relations, technical analysis, integrity, and work ethic. Successful candidates will drive business results through solid underwriting analysis, highly active sales and marketing efforts, long-term client relationship building, and collaborative engagement with internal business partners.
Candidate Profile
Excess Casualty Underwriter will be a “hands-on” technical expert with a history of success within a top-tier Commercial Insurance Carrier focused on building a complex book of Excess Casualty business targeting Middle Market & Large Complex Risks with premiums in the range of $75K to $1MM+. Addressing casualty solutions; Excess General Liability, Professional Liability, Commercial Auto, and Employers Liability.
Candidates will have deep contacts within Wholesale broker channels, exposure to the Commercial Construction, Manufacturing, and Transportation verticals, and full life cycle exposure to portfolio management across; solicitation of submissions, underwriting analysis, preparing and issuing indications/quotations/binders, and marketing.
Additionally, the candidate must have an executive presence, demonstrating success in communicating, influencing, and building solid relationships that add value to the AXIS business book and contribute to longer-term strategic initiatives.
Key Duties & Responsibilities:
Underwrite a profitable book of complex surplus lines Excess Casualty risks employing the appropriate analytical diagnostics to assess acceptability.
Expertise in analyzing General Liability, Auto Liability, Professional liability, and pricing adequacy
Ability to negotiate terms and conditions in a highly complex and competitive environment with a broad range of wholesale brokers and facultative reinsurance markets.
Advanced analytical and creative problem-solving skills, with the ability to manage and prioritize multiple tasks.
Underwriting and developing a profitable book of business in support of strategic business plans while retaining diversified mix of business in order to achieve overall growth and profit objectives.
Developing a countrywide marketing strategy that recognizes the risk appetite of the Excess unit and the wholesale brokers that produce desirable accounts to meet new business goals.
Support changes to long-term and short-term business strategies with the ability to adjust quickly in order to effectively achieve profitability goals.
Make recommendations to an SVP and/or the President of Excess Casualty regarding market strategy, product development and departmental efficiencies.
Ability to manuscript specialized policy and endorsement language for highly complex lead excess and mid-to-high-attaching excess liability.
Stay up-to-date on national, state, and regional issues/regulations, industry activity and trends.
Mentor less experienced staff and assist in the development of ongoing underwriting training.
Responsible for special underwriting projects and presentations as requested by leadership.
Required Education/Training & Experience:
Bachelor's degree required. CPCU, ARM, and/or ASLI designations are a plus.
A minimum of 10 years E&S Excess, or complex casualty, underwriting experience.
Experience with, and in-depth knowledge of, Commercial Construction business will be a significant plus.
Strong negotiation and business development abilities. Established wholesale broker relationships are highly desired.
Advanced technical expertise, underwriting skills and a high level of knowledge of insurance and underwriting principles, practices and procedures.
In-depth knowledge of the Excess Casualty lines of business and legal and regulatory guidelines, to include demonstrated technical knowledge and skills reflective of a progression of positions with increasing responsibility.
Other desired skills and characteristics:
Strong communication, negotiation, influencing and presentation skills.
Ability to effectively interact with all levels of internal and external business partners.
Strong wholesale broker relationships.
Ability to effectively analyze and assess risk and develop creative solutions.
Knowledge of Microsoft Office Suite, Excel and other business-related software.
Salary Range:
For this position, we currently expect to offer a base salary in the range of $140,000 – $195,000. The specific salary offer will be based on an assessment of a variety of factors including the experience of the successful candidate and their work location. In addition, all employees are eligible for competitive incentive targets, with awards based on overall corporate and individual performance. On top of this, we offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more
Rewarding. Challenging. Meaningful.
We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry.
Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. At AXIS, we value each individual and recognize that attracting and retaining the right people is essential to the success of our company.
We offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.