Property Underwriter IIIncoming Property UnitExton, PA
Offering compliant US Local policies for our international customers as part of their Global Programs requires a Property skillset with a strong focus on US Regulatory, Forms (ISO and proprietary), Operations and Process.
DISCOVER your OpportunityWhat will your essential responsibilities include?
- Quote both new and renewal business produced by our overseas collages within parameters established by our Rules and Guidelines and Underwriting Authority Statement.
- All business quoted must be within Regulatory Compliance Standards and will require knowledge of our Regulatory Resource Site, proper usage of deregulation and usage of the property actuarial pricing tool called Harta.
- Practical knowledge and usage of ISO rating and forms is a plus.
- Once an account is bound work closely with your Underwriting Assistant to provide superior service to our local brokers by having binders and invoices issued promptly along with other service items such as endorsements, and certificates.
- Complete the Underwriting Summary at the end of the underwriting process documenting the risk's loss exposures and your underwriting rationale and thought process.
- Complete peer reviews on your fellow team members as assigned and as a measure of how the team performs.
- Work with Middle Office to help keep the items on our pending report to a minimum.
- Work with Shared Services (ESS) by answering questions thoroughly to further develop their skills and give clear direction to ESS when requesting endorsements, certificates, binders and invoices.
- Participate in Team Calls offering ideas on Underwriting Issues and issues that affect our Unit's efficiencies.
- Participate in Bi-Weekly call with ESS to improve our efficiencies across the board.
- Collaborate with internal colleagues in the assessment of current and prospective risks, including actuarial, claims, legal and risk engineering.
You will report to Multinational Incoming Underwriting Manager - Casualty & Property
SHARE your talent.We're looking for someone who has these abilities and skills:
Required Skills and Abilities:- A bachelor's degree or equivalent experience
- Property Underwriting with Construction experience being a plus.
- Knowledge of ISO rating and ISO forms
- Ability to use actuarial pricing tools to handle non-ISO accounts.
Desired Skills and Abilities:- Insurance coursework preferred
- Ability to be a team player and support the team.
- Ability to manage accounts within service timing standards.
- Effective communicator as evidenced by participation in Team Meetings and interactions with Middle Office, ESS and our International Colleagues.
FIND your futureAXA 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.
The U.S. pay range for this position is USD 87,400 - 161,900. 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.
