Senior Underwriter - Media
Publication date:
29 August 2024Workload:
100%Contract type:
Unlimited employment- Place of work:NEW YORK
Senior Underwriter - Media
New York, NY | Chicago, IL | Los Angeles, CA| Walnut Creek, CA I USA
Senior Underwriter will provide the significant input as to the strategic direction of the business as well as providing valued input on underwriting rules, guidelines and procedures.
Senior Underwriter will be responsible for portfolio profitability, account pricing, portfolio rate change, renewal retention, marketing, new business production, development of staff and broker and client management.
Senior Underwriter must possess broad technical expertise across various classes of business and may personally handle the more complex risks within the territory. Further, the role holder will act as a senior contact for insureds and brokers in the assigned geographic territory.
Senior Underwriter is required to support AXA XL’s branding and marketing objectives by attending various industry and broker events, conferences and meetings. Travel to accomplish this objective is required.
Senior Underwriter will support AXA XL’s cross-sell objectives by understanding capabilities across other lines of business and maintaining open communication with colleagues in other departments.
DISCOVER your opportunity
What will your essential responsibilities include?
- Partner with the Head of Miscellaneous Professional Liability to evaluate the current book of business and set a short- and long-term course of action.
- Ensure the achievement of continued profitability and growth of the portfolio by meeting key production and profit metrics.
- Reviewing submissions including applications, loss runs, financial reports and supplemental underwriting information to determine rate adequacy, terms & conditions and policy wording appropriate for the underlying risk.
- Working with agents and brokers to identify targeted accounts and increase opportunities in preferred classes of business and segments.
- Proactively advising, assisting, servicing and following up with clients and brokers on insurance and risk management matters.
- Collaborating with underwriters, actuaries and claims staff by providing insight on complex risks though roundtable underwriting opportunities.
- Participating in cross-functional projects and RRIs to improve profitability of the portfolio through various underwriting, operational efficiency and distribution initiatives.
- Effective relationship management with clients and broker partners to drive new business and renewal retention.
- Controlling timely implementation of new and renewed accounts according to quality standards.
You will report to the Head of Miscellaneous Professional Liability.
SHARE your talent
We’re looking for someone who has these abilities and skills:
- Bachelor’s Degree (or equivalent) required; professional designations preferred.
- Preferably underwriting experience in MPL, Media, Entertainment and Technology lines of business.
- Extensive underwriting experience, policy development, broker management in the respective line(s) of business.
- Robust technical skills with Microsoft Office and other relevant applications.
- Excellent problem-solving, analytical and decision-making skills combined with an excellent work ethic.
- Ability to respond to a changing environment with flexibility and innovation.
- Excellent interpersonal skills, communication including active listening skills, networking, marketing and collaboration skills evidencing public speaking and presentation experience.
- Ability to develop and maintain relationships with customers, producers and brokers.
- Ability to lead in accordance with AXA XL Core Values and Culture.\
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 U.S. pay range for this position is USD 95,000 – 186,500. 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.
At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers. For more details about AXA XL’s benefits offerings, please visit US-Benefits-at-a-Glance_2023_US.pdf (myaxaxlbenefits.com).