Senior Underwriter - Team Lead, Property

Overview

Los Angeles or San Francisco, California

As the world changes and markets become more competitive, and as our clients’ needs become more complex, more than ever we are competing for time, for opportunities, for relevance. Differentiation at all levels, including how we think about and engage with our clients, is of utmost importance. The Senior Underwriter in Property plays a critical role in evaluating and underwriting complex property insurance risks.

This position requires a deep understanding of risk assessment, pricing, and coverage terms to ensure profitability and adherence to underwriting guidelines. The Senior Underwriter collaborates closely with brokers and clients to develop customized insurance solutions, manage a diverse portfolio, and drive business growth. Strong analytical skills, industry expertise, and the ability to cultivate lasting relationships are essential for success in this role.

What will your essential responsibilities include?

• Provide leadership for the regional property team in the marketing and underwriting of new and renewal business opportunities for retail broker partners, focusing on Property and related product lines. Additionally, contribute to special projects as assigned by senior management.
• Lead in the future development of the existing underwriting staff and the hiring of future underwriters in the southwest region.
• Contribute to regional planning by developing and executing an annual desk-level underwriting plan.
• Mentor and motivate team underwriters, while working with underwriting assistants and other integral members of the team.
• Support the training and onboarding of new hires to foster a knowledgeable team.
• Analyze submission data including applications, policy wording, inspection reports, loss runs, and financial reports while conducting appropriate research to determine degree of risk for each account.
• Utilize advanced underwriting tools and methodologies to evaluate complex property exposures.
• Adhere to underwriting guidelines, underwriting authorities and referral requirements as needed to regional management, product management and chief underwriting officers.
• Collaborate with internal colleagues in the assessment of current and prospective risks, including actuarial, claims, legal and risk engineering.
• Pro-active service of business in conjunction with our Middle Office to ensure timely and accurate delivery of quotations, binders, policies and endorsements.
• Cross-sell with other business units to maximize deployment of AXA XL’s capital and broaden product offerings.
• Monitor marketplace trends to stay informed about and ahead of emerging issues and opportunities within the Property sector.
• Maintain compliance with all internal and external underwriting guidelines and legal requirements.
• Assist in portfolio management regarding limit deployment, attachment point aggregation, pricing adequacy and policy terms and conditions.

You will report to Head of Property, West.

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

• A bachelor’s degree or equivalent experience
• In-depth Property Underwriting expertise related to solutions to contribute to the underwriting of the full range of Property products.
• Strong insured and broker interaction in assigned geographic territory with the ability to effectively target current and prospective contacts in order to effectively promote offered products.
• The ability to travel a minimum of 25% of the time is anticipated.

• Exceptional organizational and time management skills with the ability to perform accurate mathematical calculations.
• Ability to work independently while being an open-minded team player, actively listening to comprehend unique circumstances that require practical and innovative solutions to complex issues.
• Excellent written and oral communication skills to work with both internal teams and external brokers as you will work in a team environment, assisting underwriters and/or deal administrators as part of their overall responsibility.
• Excellent collaborative skills in a fast-paced team-centric environment.
• T…