Underwriter II - Ocean Marine

Location: New York

As an Underwriter II, you will be responsible for delivering a profitable ‘Underwriting’ service to your marine clients. Your key tasks include: underwriting business within the agreed business plan and individual authority;  supporting the business planning and forecasting process; monitoring financial exposure  within outlined limits; monitoring premium income to ensure it remains within set limits; maintaining awareness of all claims advised while supporting and providing input on settlement of claims;

ensuring adequate reinsurance acquired to cover specific risks; building and maintaining relationships with brokers and clients; supporting the design and structure of risks.

What you’ll be doing

What will your essential responsibilities include?

Reviewing submissions including applications, policy wording, inspection reports, loss runs, and financial reports while conducting appropriate research to determine degree of risk for each account Calculating appropriate risk premium by considering the risk costs inherent to the Ocean Marine sector, reinsurance cessions as well as the Underwriting and general administration costs while ensuring profitability.
Proactively advising, assisting, servicing and following up with clients on insurance and risk management matters to ensure satisfaction and fulfillment of their insurance requirements.

Effective relationship management to initiate opportunities for cross-selling offered products and ensuring account retention.

Controlling timely implementation of new and renewed accounts according to quality standards. In coordination with other internal teams, determining appropriate reinsurance for risk placements both on excess of loss and quota share basis.

Reviewing loss control reports and managing policy endorsement requests to process any necessary changes to the policy.

Supporting the business planning and forecasting process; monitoring financial exposure within outlined limits; monitoring premium income to ensure it remains within set limits.

Maintaining awareness of all claims advised while supporting and providing input on settlement of claims.

You will report to the Underwriting Manager, Ocean Marine

What you’ll be doing

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

Bachelor’s Degree (or equivalent)
Some to moderate marine insurance, possessing functional knowledge and skills reflective of a fully competent practitioner

Robust Industry Knowledge and Commercial/Business Acumen Analytical, negotiation and sales/marketing skills

Excellent written and oral communication skills. Excellent customer service focus is a must Interpersonal Savvy - Demonstrated ability to build and maintain excellent insured and broker contacts

Ability to develop and understand business processes, strategy and planning

Collaborative team player who provides creative solutions and ideas for resolution

Who WE areAXA 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  we OFFERInclusionAXA 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…