Associate Underwriter, Ocean Marine
AXA XL
About the Role
AXA XL's U.S. Ocean Marine team is seeking an Associate Underwriter to join the Northeast Ocean Marine Underwriting Team. This role offers an opportunity to learn about Hull & Machinery, Marine Liabilities, and Cargo Stock Throughput underwriting. The position focuses on building internal and external relationships and serving as a liaison between brokers, clients, and the company, while contributing to the improvement of working and underwriting practices.
Key Responsibilities
- Review and evaluate risks, assessing the completeness of underwriting packages.
- Communicate with brokers to gather account and insured information for risk analysis.
- Apply knowledge of product underwriting rules and guidelines to support submissions and prepare for quoting.
- Collaborate with Underwriters, Brokers, and internal AXA XL units to manage tasks and account workflows.
- Communicate account status to ensure the completion of outstanding requirements for policy issuance and premium collection.
- Set up new business and renewals in online rating tools for Hull & Machinery, Marine Liabilities, and Ocean Cargo.
- Complete and submit CAT modeling.
- Develop initial pricing, basic coverage structuring, quotations, and binder packages for risks.
- Manage multiple task workflows and maintain an understanding of task statuses owned by Underwriters, Brokers, and AXA XL.
- Communicate account status to ensure the completion of all tasks, including premium collection.
- Correspond verbally and in writing with internal and external contacts across the country to provide a high level of service and meet client expectations.
Requirements & Tech Stack
- Microsoft Word, Excel (and other spreadsheet applications), and PowerPoint at an advanced proficiency level.
- Online rating tools.
- CAT modeling.
Qualifications
- Bachelor's degree or equivalent combination of education and experience, or related insurance experience and/or training.
- Analytical skills.
- Negotiation skills.
- Sales/marketing skills.
- Excellent written and oral communication skills.
- Excellent customer service focus.
- Interpersonal skills for working effectively with diverse groups.
- Proven prioritization and time management skills with accurate results.
- Organizational skills.
- Problem-solving skills.
- Critical thinking skills.
- Robust collaborative skills in a fast-paced team-centric environment.
- Legally authorized to work in the United States without sponsorship now or in the future.