(Senior) Underwriter Engineering/Construction – Reinsurance

(Senior) Underwriter Engineering/Construction – Reinsurance (80-100%) Zurich, Switzerland As an Underwriter within our Engineering & Construction team, you will play a vital role in assessing and underwriting a broad range of construction and engineering treaties. Depending on your experience, this position offers an excellent opportunity to contribute at both a technical and strategic level—whether you are an accomplished professional or an emerging leader looking to further develop your expertise. You will be responsible for independently analyzing complex risks, developing tailored underwriting solutions, and supporting the growth of a profitable and well-balanced portfolio. Your insights will help shape risk assessments, treaty structures, and policy wording, ensuring alignment with our risk appetite, guidelines, and strategic objectives. In addition, you will collaborate closely with clients, market partners, and internal teams, providing guidance and support that enhances our risk management standards. For more experienced candidates, there will be opportunities to mentor junior underwriters, contribute to process improvements, and take on leadership responsibilities in underwriting initiatives. What you’ll be doing What will your essential responsibilities include? Support the underwriting of construction and engineering treaties through independent analysis and comprehensive risk assessment of client submissions, including understanding risk structures and exposures. Develop and formulate quotations, pricing, and underwriting approval documents, ensuring prompt processing of slips and policy wordings. Help grow and maintain a profitable in-force book by identifying new opportunities and effectively managing renewals. Collaborate closely with team members, actuarial functions, client advocates, market leaders, and operational units to ensure cohesive and effective underwriting processes. Conduct risk analysis considering cedent exposures, lines of business, and geographic factors; identify and evaluate exposures to ensure adherence to limits and risk management frameworks. Contribute to the development and enhancement of exposure management and reporting tools, supporting the ongoing improvement of risk monitoring processes. Utilize actuarial tools and work collaboratively with regional and global teams to analyze, assess, and price risks accurately. Assist in producing comprehensive and accurate data reports, supporting strategic decision-making. Analyze internal reports, loss runs, and financial data, conducting research to evaluate the risk profile of each account. Structure deals, define policy conditions, and manage capacity in alignment with underwriting guidelines and our risk appetite strategy. Support the development of best practices in underwriting and risk assessment, mentoring junior team members where appropriate, and sharing expertise to foster team growth. What you’ll bring We’re looking for someone who has these abilities and skills: Required Skills and Abilities: Seasoned professional in Construction and Engineering or Energy treaty underwriting Fluent in English and German. Any additional European language an advantage Robust level of technical underwriting experience Excellent analytic and risk assessment skills Effective interpersonal skills and ability to effectively collaborate within a team Creative problem-solver and analytical thinker who can demonstrate adaptability and accuracy, along with sharp numerical and logical skills and an ability to make critical decisions using own judgment Outstanding organizational skills and the ability to prioritize workloads Ability to perform under pressure, especially during the busy renewal season Thrives when working in a dynamic environment and can adapt to changes with ease Puts the team's interests before their own and fosters a positive and inclusive team environment Loves to be empowered and feels comfortable taking decisions and managing multiple priorities Robust marketing, negotiation and presentation skills Willing to work in a flexible environment and to travel 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. 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. 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: 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 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