Senior Underwriter, Property Treaty(

Job Number:

78103280D20231226)

Flexible Work Eligible: None 

DISCOVER your opportunity

Senior Underwriter, Property Treaty

Hamilton, Bermuda

To underwrite a profitable book of business as assigned within the US Property Treaty portfolio, while adhering to the Company’s appetite and guidelines. To represent the Company in the market as a business partner and employer of choice and seek out new business opportunities that support the continued growth of the Reinsurance department.

DISCOVER your opportunity

What will your essential responsibilities include?

Underwriting:

• Assess, price, and underwrite both U.S. and International Property Treaty reinsurance business on both a conventional and non-conventional (Alt-Cap) basis, including:
• Catastrophe Excess Loss
• Risk Excess of Loss
• Aggregate Excess of Loss
• Proportional
• Development of new products tailored to client requirements
• Execute strategic underwriting plans aligned with premium and geographic objectives and service excellence
• Marketing and negotiating with clients
• Support the development and maintenance of existing underwriting models
• Technical rating & risk assessment
• Contract Documentation

Portfolio Management:

• Data analysis, management, and reporting
• Support in planning, reporting and reinsurance purchases
• Accurate monitoring of portfolio aggregation tools

Operations:

• General administration of department affairs
• Support in claims analysis
• Operation and development of core applications

Working Relationships:

• Hold a well-developed network of cedant company contacts
• Have working relationships with numerous brokers in both the large and boutique reinsurance broking firms
• Actively network with industry peers to remain up to date on current market dynamics

Core Competencies:

• Uses initiative to act without being prompted, either individually or in a team, within an open plan environment
• Is a confident and effective presenter
• Appreciates cross functional interdependencies and the importance of building relationships for greater common business goals
• Can demonstrate behavior and emotions appropriate to situations whilst continuing to perform effectively

You will report to the Head of Property.

SHARE your talent

SHARE your talent

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

• Bachelor’s degree in business, Management, Finance, or related field from an accredited college/university
• Extensive experience as a reinsurance property underwriter/broker
• Professional qualifications (ACII, FCII, ARe or CPCU) preferred
• Experience working with major producing brokers in the US, London and other International markets
• Proven knowledge of reinsurance contracts and associated market practices
• Significant rating analysis experience of pro rata, risk excess of loss and catastrophe excess of loss business
• In depth knowledge of external rating and exposure models including RMS and AIR
• Must be able to work independently and be self-motivated towards achieving the department’s objectives in the absence of the Head of Property

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.

AXA XL is an Equal Opportunity Employer.

Location

:BM-BM-Hamilton 

Work Locations

: 

BM Hamilton O'Hara House 

Bermudiana Road P.O. Box HM 2245

Hamilton HM08

Job Field

:Underwriting

Schedule

:Full-time

Job Type

:Standard

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