Job Description:
Join AXA XL's Construction team as a Senior Underwriter specializing in Subcontractor Default Insurance (SDI) and related products. In this dynamic role, you'll leverage your expertise to assess complex construction risks, develop innovative insurance solutions, and build strong relationships with brokers and contractors across Canada. You'll work collaboratively across business divisions while maintaining a profitable portfolio and driving strategic growth for one of the industry's leading specialty insurers.
Your focus is to establish influential relationships internally and externally and to act as the critical interface between the broker and clients and the company. You are expected to continuously contribute to improving current working and underwriting practices.
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Business Development & Risk Assessment – Acquire new business and manage renewals with approved brokers; conduct technical risk assessments, pricing analysis, and deal structuring for sophisticated general contractors
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Underwriting Excellence – Apply skillful, decisive underwriting judgment to evaluate applications, terms, loss history, and financial statements; determine risk degree based on company guidelines and underwriting authority
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Creative Risk Solutions – Design innovative risk transfer solutions tailored to unique customer needs while protecting AXA XL's profitability and maintaining portfolio performance
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Cross-Functional Collaboration – Coordinate seamlessly with Risk Engineering, Actuarial, Claims, Reinsurance, Accounting, and other internal teams to support underwriting decisions and drive product density
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Relationship Management – Establish and nurture robust relationships internally and externally, serving as the critical interface between brokers, clients, and the company
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Continuous Improvement – Contribute to enhancing underwriting practices and industry leadership in construction technology and sustainability
You will report to the Chief Underwriting Office, Large Commercial- Canada.
We’re looking for someone who has these abilities and skills:
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College degree or equivalent experience.
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Moderate Construction underwriting experience (SDI, Property, Casualty or Surety) or brokerage equivalent.
- Experience with Large Loss Sensitive programs and/or Loss Prevention is a plus.
- Robust analytical and problem-solving skills as well as strong sales and marketing abilities.
- Ability to effectively communicate and negotiate with senior personnel, brokers and clients.
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Excellent written and verbal communication skills in English are required. Effective computer skills (MS Office) are critical for the success of this position.
- This position requires willingness for flexible work hours and travel up to 20% of the time.
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
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. It’s about helping one another — and our business — to move forward and succeed.
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Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
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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.
Total Rewards
AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.
We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.
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:
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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.
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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.
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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.
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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 axaxl.com/sustainability.
The Canada base salary range for this position is CAD (122,000 to 171,000). 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.
