Underwriting Manager - Wholesale Excess

$118,500 - $233,000/Yr

AXA - Chicago, IL

Full-time - Mid Level

Chicago, IL

Insurance Carriers and Related Activities

About the position

The Underwriting Manager for Wholesale Excess at AXA XL plays a crucial role in achieving the underwriting objectives of the North Central Region. This position involves significant interaction with a team of underwriters, clients, brokers, and internal stakeholders. The manager will oversee a sizable renewal portfolio while also securing new business opportunities, ensuring the delivery of high-quality service that enhances the AXA XL brand image.

Responsibilities

• Develop and manage a team of underwriters to win new business and retain existing customers.
• Oversee referrals and monitor the health of the portfolio by tracking losses, retention, and pipeline management.
• Evaluate appropriate risk premiums based on rules, guidelines, and appetite to ensure a diverse and profitable portfolio.
• Initiate opportunities for cross-selling alongside peer products and other AXA offerings with a client-first mindset.
• Control the timely implementation of new and renewal accounts according to quality standards, including policy audits and invoice issuance.
• Monitor premium collection according to standards and take necessary actions.
• Support and develop new product expansion as needed, collaborating with peer leaders and the Head of Wholesale Excess.
• Advise, assist, and service clients on insurance and risk management matters to ensure client satisfaction and timely responses to queries.
• Ensure timely implementation of policy endorsements and proper hand-over for implementation.
• Develop the skills, knowledge, and competencies of less experienced colleagues.

Requirements

• Extensive underwriting and/or equivalent broker experience with thorough knowledge of underwriting, rating methodologies, forms, and business processes.
• Previous underwriting management experience is preferred but not required.
• Good understanding of the Wholesale Excess Market and global and domestic property underwriting.
• Large account experience and HPR background is a plus.
• Underwriting or loss control experience within property, marine, and construction disciplines.
• Experience with Aon, Marsh, Willis, Lockton, AJ Gallagher within the North Central region Wholesale Broker Networks.
• Bachelor's Degree preferred; professional designations such as CPCU or ARM are a plus.
• Excellent analytical skills.
• Excellent communication skills.
• Excellent marketing, presentation, and negotiation skills.
• Ability to develop and maintain relationships with customers, producers, and trading partners.
• Solid personal direction and time management skills.
• Excellent decision-making skills.

Nice-to-haves

• Professional designations such as CPCU or ARM.

Benefits

• Competitive retirement savings plan
• Health and wellness programs
• Learning opportunities for professional development
• Flexible working arrangements
• Enhanced family-friendly leave benefits
• Matching gift program