Construction and Energy Underwriter
1 month ago
Senior Underwriter – Construction and Energy
Company Overview:
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. We provide dedicated expertise to solve risk management challenges for our clients by delivering unique solutions, significant capacity, and diverse experience.
Our Canadian Construction and Energy underwriting team is looking to add a Construction and Energy underwriter. This role requires a significant amount of interaction with clients, brokers, and internal stakeholders.
Job Description:
We're seeking an experienced underwriter to tailor effective solutions for our current and prospective clients. You will partner with dedicated industry experts who have robust construction industry risk management experience and work alongside an established team of Construction and Energy Underwriters.
The successful candidate will develop and structure tailor-made solutions by considering the underwriting guidelines and policy to win new business and retain existing customers. They will review submissions, terms and conditions, statements of values, loss history, and catastrophic modeling while conducting appropriate research to determine the degree of risk for each account based on company guidelines and underwriting authority granted.
This role also involves coordinating with various business divisions, including Actuarial, Claims, Reinsurance, Accounting, Marketing, Risk Engineering, Regulatory, and others internally that support our businesses. The successful candidate will be responsible for determining quote or declination of risk, calculating rates and premium charges using approved rating models, and developing and modifying policy wording in accordance with delegated underwriting authority when standard forms are not appropriate.
Key Responsibilities:
- Developing and structuring tailor-made solutions for clients
- Reviewing submissions and determining the degree of risk for each account
- Coordinating with various business divisions to support our businesses
- Determining quote or declination of risk and calculating rates and premium charges
- Developing and modifying policy wording as needed
Required Skills and Qualifications:
We're looking for someone with extensive construction property (builders risk) and operational energy (renewables, power, etc.) experience. Excellent comprehension and work experience with Microsoft Office Suite are also required. Bilingual (English/French) skills are an asset. A Bachelor's Degree is required, with advanced education and/or professional designations such as FCIP, CRIS preferred but not required.
Location: Toronto, Canada
Estimated Salary: $80,000 - $120,000 per year
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