Job Description:
Permanent in Zurich, Switzerland
From breaking ground to laying foundations to opening day, large construction projects face a wide variety of risks at every stage. As a Construction Underwriter, you are at the forefront of the significant infrastructure investment trend we observe across the globe. We’re a leading insurance provider in this segment and bring our experience and insight, deep technical expertise and risk transfer solutions to serve our clients and partners.
Great underwriting starts with great people. You will find that our teams are collaborative, down-to-earth and open to the new.
This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime.
What you’ll be doing
What will your essential responsibilities include?
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Developing and structuring tailor-made solutions by considering the Construction Underwriting strategy and Underwriting policy to win new business and retain existing customers in the area of building construction works, green and renewable projects, oil/gas/chemical installations, power generation through to open-cut mining
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Proactively foster positive relationship with clients to get mutual understanding of their needs
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Advise, assist and service clients on insurance and risk management matters to ensure clients satisfaction and respond to client and AXA XL queries in a timely manner
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Assessing the risk technically, evaluating appropriate risk premium by considering the risk costs inherent to the Construction Sector, reinsurance cessions as well as the underwriting and general administration costs to ensure profitability
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Initiate opportunities for cross-selling
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Ensure proper hand-over for timely implementation of new and renewed accounts according to AXA XL's quality standards (including policy-, invoice- and endorsement issuance)
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The Underwriter Construction may have a responsibility for the development of skills, knowledge and competencies of less experienced colleagues
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They will develop best practice and the sharing of underwriting knowledge within the team
You will report to the Underwriting Construction Manager.
What you’ll bring
We’re looking for someone who has these abilities and skills:
Required Skills and Abilities:
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A completed degree in a technical or economic field, or a comparable qualification
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Several years of professional experience in underwriting in the construction and/or engineering sector with strong analytical and problem solving skills
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Fundamental knowledge of global construction underwriting; experience with large accounts is advantageous
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Ability to develop and maintain relationships with international clients and businesspartners and excellent marketing, presentation and negotiation skills
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Excellent analytical and conceptual skills, efficient and able to work independently by structuring the path forward
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Driven and solutions- oriented personality, excelling in fast-paced, dynamic, and energetic settings, with strong team collaboration skills
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Willingness to travel frequently and flexibility to accommodate travel requirements.
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Excellent communication skills in English, German and further language skills are a plus
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Very good knowledge of the Microsoft Office applications (Word, Excel and PowerPoint)
What we offer
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.
Who we are
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
