The Underwriting Assistant will be a team player within the Underwriting Support Unit of the Construction Division and will perform tasks that directly support the Underwriting team. As owner and principal facilitator of assigned accounts, the Underwriting Assistant will perform front-to-end activities throughout the lifecycle of renewal and prospect accounts from submission to expiration. These tasks will be performed with guidance from the Underwriter. The Underwriting Assistant will be engaged in ongoing development of his/her knowledge of commercial insurance related to his/her specialized line of business. What will your essential responsibilities include?
UA will be expected to perform all of the following duties and responsibilities based on the requirements of the BU/LOB that he/she supports and with assistance from the underwriter where needed as part of his/her development:

• Pre-underwrites, evaluates risk, and assesses completeness of the underwriting package before Underwriter is required to review. Communicate directly with Brokers on behalf of the Underwriters to collect account and insured information necessary for risk analysis and quote completion.
• Perform and apply knowledge of line of business specific product underwriting rules and/or guidelines for pre-analysis support of submission in preparation of further analysis for quoting stage.
• Attend broker meetings and renewal meetings to build relationships with brokers and promote the \xe2\x80\x9cXLC team\xe2\x80\x9d.
• Triage new business in collaboration with the UW for business appetite and exceptions
• Develops initial pricing, basic coverage structuring, quotation, and binder packages of the risk on behalf of the Underwriter.
• Manage the workflow of multiple tasks and maintain a detailed understanding of the status of various tasks owned by Underwriters, Brokers, Reinsurers, XL internal network, and Fronting Partners around the world.
• Communicate account status to ensure completion of outstanding subjectivities needed to execute policy issuance and premium collection as part of bound accounts.
• Collaborate and correspond verbally and in written format with internal and external contacts across the world, keeping in mind differences in local language, time zones, good local standard, to achieve a high level of service and meet client expectations.
• Exhibit a customer service mindset by proactively engaging with the UW and internal and external contacts, instructing and maintaining accounts to ensure implementation progress, such as promptly returning phone calls/emails.
• Collaborate with Enterprise Shared Services in order to coordinate endorsement requests and complete workbook entries.
• Proactively problem-solve to balance and manage client/broker expectations with internal service standards.
• Maintain a solid understanding of coverages and program structure, as well as internal policy coding systems to ensure completeness of contents of Coding/Issuance package prior to handover to the Coding/Issuance unit, resulting in a high-quality policy product.
• Execute the bound reinsurance placement by coordinating with credit control and the reinsurance team to ensure that premiums are invoiced, collected and ceded to the appropriate parties according to the agreed amounts and various time due dates.
• Collaborate closely with Underwriters, Product Management, Legal and Regulatory as necessary to perform pre-bind activities and to confirm policy issuance instructions and manuscript wordings, regulatory notices, certificates, etc. to effectively instruct the Coding and Issuance Unit.
• Request input from Risk Mitigation teams (Risk Control, GAPS, Cat modeling group, etc.) in anticipation of Underwriter\xe2\x80\x99s needs for risk analysis/risk selection.
• Understand Reinsurance placement and provide assistance in putting the Underwriting Package together for the Reinsurance provider at quoting so the Underwriting team can effectively negotiate terms and conditions.
• Assess when it is necessary and perform quality control of rating, coding and issuance output to ensure accuracy of work (e.g. exposure bases, limits, coverage extensions, modifications, data entry).
• Rate premium changes for premium bearing change requests and/or provide the proper instructions to India colleagues to do so.
• Create and maintain electronic file for accounts as required for Sarbanes Oxley and Internal Audit Guidelines.
• Potentially participate in projects where the Unit may be requested to provide Subject Matter Experts related to the Underwriting Support Unit.
• Meet regulatory filings and bureau correspondence due dates in line with regulatory and state guidelines

You will report to the Assistant Operations Manager.

• Bachelor\xe2\x80\x99s degree and related insurance experience of Primary Casualty Insurance with mid to large Construction Risk including but not limited to Workers Compensation, General Liability, Auto, Owners Controlled Insurance Program with Commercial Insurance experience and/or training; or equivalent combination of education and experience
• Knowledge of commercial insurance policy forms and regulatory requirements is preferred, but not required
• Excellent written and oral communication skills
• Interpersonal skills in order to work effectively and professionally with diverse groups
• Proven organizational and problem-solving skills
• Proven prioritization and time management skills with accurate results
• Basic competency in MS Office applications: Word, Outlook, Excel, Internet Explorer and Adobe Standard (or similar PDF conversion tool) required
• Experience with standard office equipment (e.g., phone, copier, fax/eFax, printer, scanner)
• Experience with standard office practices (e.g., data entry, certified mail, task tracking, documentation)
• Knowledge of commercial rating rules and forms for products serviced is preferred, but not required
• Knowledge of regulatory requirements for products serviced is preferred, but not required

FIND your future 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\xe2\x80\x99t 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 Inclusion & Diversity 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 a diverse workforce enable business growth and are critical to our success. That\xe2\x80\x99s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It\xe2\x80\x99s about helping one another \xe2\x80\x94 and our business \xe2\x80\x94 to move forward and succeed.

• 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

Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer. 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 \xe2\x80\x9cRoots of resilience\xe2\x80\x9d, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations. Our Pillars:

• Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society \xe2\x80\x93 are essential to our future. We\xe2\x80\x99re committed to protecting and restoring nature \xe2\x80\x93 from mangrove forests to the bees in our backyard \xe2\x80\x93 by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
• 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.
• 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\xe2\x80\x99re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
• 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\xe2\x80\x99s \xe2\x80\x9cHearts in Action\xe2\x80\x9d programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day \xe2\x80\x93 the Global Day of Giving.

For more information, please see axaxl.com/sustainability The pay range for this position is $43,500- $86,000. Actual pay will be determined based upon the individual\xe2\x80\x99s skills, experience and location. We strive for market alignment and internal equity with our colleagues\xe2\x80\x99 pay.