Senior Underwriter - Construction (CAR/EAR/DSU) in London

AXA XL’s UK & Lloyd’s Construction & Engineering team underwrites Construction and Erection All Risks (CAR/EAR) for a diverse global client base. Our portfolio spans Coverholders, Contractors, Owners, Utilities, Developers and OEMs, and we work closely with all major London broking houses. With a robust pipeline of new business and a growing appetite across CAR, EAR, DSU and first-year operations, this is an excellent opportunity to join an established and energetic team. We are seeking an experienced Construction/Erection Underwriter with deep market knowledge and influential broker relationships to help drive the continued build-out of our portfolio. You will play a key role in delivering profitable underwriting results, shaping risk strategy, and representing AXA XL as a market-leading partner to clients and brokers. This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime.

What you’ll be doing

• Underwriting & Portfolio Management: Reviewing submissions, including policy wordings, inspection reports and loss runs, and conducting detailed analysis to assess risk quality. Pricing risks appropriately by considering technical risk costs, reinsurance structures, and underwriting/administration expenses to ensure sustainable profitability. Underwriting business within agreed authority levels and contributing to the wider business planning and forecasting process. Monitoring aggregate exposures, premium income, and portfolio performance to ensure alignment with plan and risk appetite.
• Client & Broker Engagement: Building and maintaining effective relationships with brokers and clients to support new business development and account retention. Providing proactive advice on insurance and risk management matters, ensuring clients receive a tailored and responsive service. Identifying opportunities for cross-selling and supporting broader AXA XL initiatives.
• Policy & Claims Oversight: Reviewing loss control reports and managing endorsement requests to ensure accurate and timely policy issuance. Maintaining awareness of all notified claims and providing input into claims strategy and settlement discussions.

You will report directly to the Head of Construction, UK & Lloyd’s.

What you’ll bring

• Proven experience underwriting construction projects and annuals profitably.
• Excellent understanding of the CAR/EAR market and the factors influencing performance.
• Established broker and client network, ideally including renewable energy sector relationships.
• Excellent communication and customer service skills.
• Proven analytical, negotiation and commercial skills.
• Proficiency with pricing tools and solid working knowledge of Microsoft Excel.
• Familiarity with broker manuscript and industry-standard CAR/EAR wordings.
• Understanding of linesize management and portfolio steering.

Desired Skills And Abilities

• Background in engineering or construction, or a relevant technical degree.
• Binder and lineslip experience (preferred but not essential).
• Progress toward Cert CII or higher.

What we offer

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.

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.

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.