VP, Senior Underwriter, Large Commercial Property, Bermuda in Hamilton

We invent the new to help the world move forward. Leveraging strategic analytics and deep insights, we develop big ideas and innovative solutions that maximize our clients’ potential, thereby fulfilling our own. Come be a part of our inspiring team and help create the future.

What you’ll be doing

As a VP, Senior Underwriter, Direct and Facultative Property you will be responsible for delivering a profitable “Underwriting” service to your 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.

Essential responsibilities

• Underwrite and service a renewal book and produce new business in accordance with business unit goals.
• Develop and manage underwriting strategies for both renewals and targets within your portfolio of accounts.
• Represent AXA XL in client meetings with senior Fortune 500 and broker senior executives.
• Calculate appropriate risk premium, exercise discretion and self-supported judgment in the analysis and evaluation of risk.
• Participate in roundtable discussions on risk assessment.
• Negotiate with producers within the limits of delegated authority and in accordance with established underwriting standards to achieve profit objectives.
• Build and enhance relationships with brokers and clients and identify and establish new distribution relationships.
• Maintain expertise with the products, services, priorities and target markets to more effectively enable clients to uncover hidden risks.
• Promote the company's expertise by participating in industry conferences and events and conducting leadership roles in client and broker meetings to educate on risk.
• Maintain compliance with all internal and external underwriting guidelines and legal requirements.
• Support the business planning and forecasting process; monitor financial exposure within outlined limits; monitor premium income to ensure it remains within set limits.
• Maintain awareness of all claims advised while supporting and providing input on settlement of claims.
• Identify and drive new product development opportunities.
• Effectively cross-market with other AXA XL lines; meet with brokers and insureds as required.
• Cultivate key broker relationships in the region to maintain a steady stream of business within our underwriting appetite.
• Work collaboratively in a team environment, assisting underwriters, underwriting assistants and management team.

You will report to the Head of Property & Casualty.

What you will bring

• Extensive Property underwriting experience of Fortune 500 accounts.
• Builder’s Risk experience preferred.
• Bachelor’s degree (or equivalent).
• Demonstrated technical knowledge and skills including product and industry.
• Demonstrated ability to represent AXA XL with appropriate gravitas, professionalism and sound judgment.
• Robust analytical and problem-solving skills as well as outstanding sales and marketing abilities.
• Robust organizational, time-management and multi-tasking skills combined with an outstanding work ethic.
• Ability to develop and understand business processes, strategy and planning.
• Ability to work self-supported.
• Ability to respond to a changing environment with flexibility and innovation.
• Robust customer service and negotiation skills.

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. 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.

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 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.

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.

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.

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.