Underwriter II, Commercial Bond
Houston, TX | Dallas, TX | Louisiana | USA
The Underwriter II – Commercial Bonds will support the Regional Director of Commercial Bond and Senior Underwriters in the region in underwriting tasks. This role also develops and maintains business relationships with agencies and/or brokers for the purpose of sales growth and distribution expansion, and with the support of the Senior Underwriters and Regional Directors underwrites accounts based on authority level granted to the role and underwriting appetite.
DISCOVER your opportunity
What will your essential responsibilities include?
- Underwriting under guidance (within limits); preparing individual cases for pricing and modelling, liaising with Actuaries to deliver technical pricing to Underwriter; using modelling systems to aid the underwriting process; conducting research as needed.
- Where granted, you must operate within your defined authority level which will be commensurate with your skills and knowledge. This authority will be periodically reviewed as your experience grows and you demonstrate the competence as well as confidence to exercise it.
- Conducting pre-underwriting for renewals, conducting specific analyses for new business, and following up on renewals.
- Analyzes performance of portfolio as well as individual account performance and develops appropriate action to drive profitable growth based upon the analysis.
- Actively participates and contributes to operational initiatives within PRCB to execute the operational plan.
- Works with other members of the PRCB team, Specialty and P&C to develop and pursue cross selling opportunities.
- In collaboration with the Regional team, plans, develops and integrates territory sales plans to achieve top and bottom-line objectives.
You will report to the Executive Underwriter.
SHARE your talent
We’re looking for someone who has these abilities and skills:
- Education: Undergraduate degree in business, insurance, or a related field preferred.
- License/Certification/Designation: Actively pursuing of AFSB, CPCU or other insurance/finance related certification desired.
- Experience: A moderate amount of commercial or contract surety or related underwriting experience preferred.
- Knowledge: Expertise in bond lines of business, ratings, customer environment and markets. Knowledge of bond underwriting best practices, field underwriting operations and day-to-day underwriting operational needs.
- Skills/Competencies: Must have excellent verbal and written communication skills.
- Must have the ability to perform duties with independent judgment, with underwriting authority and company underwriting standards.
- Demonstrated decision-making ability required in day-to-day operations and recommending submissions and renewal terms to the Regional Director.
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’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 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’s 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’s about helping one another — and our business — 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 “Roots of resilience,” 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 – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – 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’re 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’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.
For more information, please see Sustainability at AXA XL.
The U.S. pay range for this position is $99,000 - $149,000. Actual pay will be determined based upon the individual’s skills, experience, and location. We strive for market alignment and internal equity with our colleagues’ pay.
At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers.
AXA XL is an Equal Opportunity Employer.
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