Construction Underwriter

AXA XL is an Equal Opportunity Employer.

Underwriter Construction

Stockholm, Sweden

AXA XL is looking for an Underwriter to underwrite Construction risks.

Our underwriting teams set us apart. Our experienced underwriting professionals use their specialized expertise to underwrite even the most complex risks innovatively. A rare and exciting position is now available in our Property, Energy & Construction team for an underwriter to support and grow the Construction insurance product in the Nordic region. At the crux of this role is the ability to underwrite Construction risks and support brokers/clients in understanding our product and finding tailor-made solutions for the individual client. All with a chance to develop within the insurance industry in a supportive team led by experienced industry professionals.

As a Construction Underwriter, you will play a vital role in assessing, underwriting, and managing complex Construction risks in the Nordics. Your expertise will help shape our product offerings, support regional growth, and strengthen our market position. Working collaboratively with regional teams, you will contribute to the strategic development of our Nordic Construction business. The position requires travel, both domestically and internationally.

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?

• Underwriting, managing and growing the Nordic Construction insurance portfolio.
• Building and maintaining effective relationships with brokers, clients, and internal stakeholders to foster trust and long-term partnerships.
• Developing innovative underwriting solutions aligned with regional market needs and AXA XL’s standards.
• Managing policy wordings and coverage terms to ensure clarity, compliance, and customer satisfaction.
• Collaborating closely with regional and global teams to ensure consistent underwriting practices and share best practices.
• Monitoring market trends, competitor activity, and regulatory changes relevant to Construction underwriting in the Nordics.
• Contributing to the training and development of local underwriting teams and brokers.
• Proactively advising, servicing and following up with clients on insurance and risk management matters, and actively identifying opportunities for cross-selling AXA XL’s products.
• Supporting the introduction of new products where opportunities arise.

You will report to the Underwriting Manager Property, Energy, Construction for the Nordics.

What you will BRING

We’re looking for someone who has these abilities and skills:

Required Skills and Abilities:

• University degree in Economics, Business Administration, Insurance, or a related field, or equivalent professional experience.
• Extensive experience in Construction Underwriting or related roles such as broking, ideally within the Nordic or broader international markets.
• Proven track of record of underwriting complex Construction risks and developing tailored solutions.
• Robust understanding of the Nordic Construction market, including regulatory and client-specific considerations.
• Analytical mindset with outstanding decision-making skills and attention to detail.
• Ability to work collaboratively in a multicultural environment and individually when needed.
• Passion for innovation, problem-solving, and driving business growth.
• Fluent in English and at least one Nordic language (Swedish, Danish, Norwegian, or Finnish). Knowledge of additional languages (e.g., German, French) is a plus.

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

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 and 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.