Job Description

Hamilton, Bermuda

As a Senior Underwriter you will form a key part of a leading and highly successful Specialty Reinsurance team based in Bermuda. Your role will be to engage with clients, brokers and AXA XL stakeholders across every aspect of the underwriting process, whether renewal business or new opportunities. You will have a robust technical ability to independently price business, as well as a solid grounding in all aspects of Specialty Reinsurance coverage. You will work closely with the portfolio managers to ensure risk appetite is optimized across key areas. As a dedicated team player, you will be expected to source new opportunities and utilize your outstanding communication and relationship building skills to grow the portfolio profitably. You will be actively involved in the business planning and forecasting process; monitoring financial exposure within the account; maintaining awareness of all claims advised while supporting and providing input on settlement of claims.

DISCOVER your opportunity

What will your essential responsibilities include?

\xc2\xb7 Responsible for the day-to-day management and development of a designated Specialty portfolio. The portfolio will include Marine and Energy, Structured Reinsurance, Cyber, Political Violence and Aviation War accounts.

\xc2\xb7 Working under general direction, on small as well as complex accounts.

\xc2\xb7 A comprehensive understanding of the markets and clients, with the ability to target preferred risks within appetite, and construct a portfolio aligned with the same.

\xc2\xb7 Service day-to-day needs of existing clients, including handling of special acceptances, business development, and technical exchanges.

\xc2\xb7 Preparing and leading meetings with clients and brokers.

\xc2\xb7 Collaborate with actuaries, contract wording and claims colleagues where necessary to optimize the terms and conditions for each risk.

\xc2\xb7 Construct and present business plans and individual risks to senior management.

\xc2\xb7 Prepare and present quarterly portfolio reports to management.

\xc2\xb7 Develop a solid understanding of the underwriting systems (Pricing, Destiny IR, Work Bench, Aggregate Monitoring tools) and liaising with our Global Shared Servicing team where necessary.

\xc2\xb7 Assist the wider Business Group in developing the global Specialty Reinsurance portfolio strategy.

\xc2\xb7 Understand the strategy and financial targets of AXA XL Reinsurance and those applicable to the business unit. You will be set appropriate individual targets and goals that support delivery of the business plan.

You will report to the Head of Specialty (based in Bermuda).

Qualifications

SHARE your talent

We\xe2\x80\x99re looking for someone who has these abilities and skills:

\xc2\xb7 Proven 8+ years of Specialty or Property reinsurance underwriting experience.

\xc2\xb7 A personal drive for excellence, a track record of exceeding expectations and a flair for innovation.

\xc2\xb7 Able to perform tasks according to established procedures, with some ability to exercise discretion.

\xc2\xb7 Uses judgment to identify and solve day to day problems in straightforward situations.

\xc2\xb7 Robust analytical skills with the ability to think quickly and innovatively, always working in a disciplined manner. A high level of competency in Microsoft Excel is essential.

\xc2\xb7 You will be confident and comfortable to take personal responsibility for your work but will also be an outstanding team player and exhibit the appropriate leadership credentials both internally and externally.

\xc2\xb7 Be aware of the control processes that operate around an underwriting function and the need to comply with them.

\xc2\xb7 Ability to adapt quickly and easily to new conditions and requirements, externally in the market or internally.

\xc2\xb7 You will have good interpersonal skills and an interest in business development.

\xc2\xb7 Relevant university degree and/or professional designations.

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\xe2\x80\x99t 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 \xe2\x88\x92 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

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\xe2\x80\x99s 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\xe2\x80\x99s about helping one another \xe2\x80\x94 and our business \xe2\x80\x94 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 . 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 \xe2\x80\x9cRoots of resilience,\xe2\x80\x9d 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 \xe2\x80\x93 are essential to our future. We\xe2\x80\x99re committed to protecting and restoring nature \xe2\x80\x93 from mangrove forests to the bees in our backyard \xe2\x80\x93 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\xe2\x80\x99re 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\xe2\x80\x99s \xe2\x80\x9cHearts in Action\xe2\x80\x9d programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day \xe2\x80\x93 the Global Day of Giving.

For more information, please see .

AXA