Job Description:
Senior Construction Underwriter
Sydney, New South Wales/ Melbourne, Victoria
AXA XL is looking for an experienced underwriter to take a prominent role in growing our Construction portfolio in Australia.
The role will include underwriting of large and complex projects as well as annuals. The right candidate will be able to draw upon a solid background of technical underwriting. You will have the support of highly qualified & experienced risk engineers in the underwriting process and actuaries to help you quantify and price these risks.
You will be collaborating with an established team of Energy and Construction underwriters, who enjoy what they do a great deal, are able to have fun, believe that creativity exists in underwriting and most of all love a sense of belonging to a team.
It will be important to be visible and approachable to brokers and clients alike. Effective verbal and written communication skills, along with collaborative behaviour will be essential to the role. The opportunities will come via brokers across Australia and not limited to the location of the underwriter.
This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime.
What you’ll be DOING
What will your essential responsibilities include?
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Underwrite, manage and service a renewal book and produce new business in accordance with business unit goals.
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Negotiate with producers within the limits of your delegated authority and in accordance with established underwriting standards.
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Underwriting within Group rules & guidelines.
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Effective engagement with brokers, ensuring relationship growth and a good flow of new business.
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Upholding and enhancing AXA XL’s brand in the market.
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Accountability for underwriting results of the construction book; contributing to overall strategy and financial planning.
- Collaborating with colleagues from wider AXA XL, cross selling with other products where appropriate.
You will report to the Underwriting Manager, Energy and Construction - Australia.
What you will BRING
We’re looking for someone who has these abilities and skills:
Required Skills and Abilities:
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Bachelor’s degree preferred with equivalent senior experience in Construction underwriting.
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A technical underwriting background in Construction line of business with a demonstrable background in writing large complex corporate risks.
- Analytical Skills - Visualize, gather information, articulate, analyze and solve complex problems.
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Industry Knowledge - Understanding of the insurance industry and specific product portfolios to positively impact the underwriting business.
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Ability to respond to a changing market environment with flexibility and innovation.
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Ability to work independently.
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Excellent interpersonal skills and collegiate behavior.
- Commercially astute and able to contribute to growth and development of the construction portfolio.
Who WE are
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
What we OFFER
Inclusion
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 enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.
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Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
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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.
Total Rewards
AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.
We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.
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:
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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.
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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.
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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.
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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 axaxl.com/sustainability.
