Overview

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 assess complex construction risks, develop cutting-edge insurance solutions, and build strong relationships with brokers and contractors across Canada. You’ll collaborate across business divisions while maintaining a profitable portfolio and driving strategic growth for one of the industry's leading specialty insurers.

Responsibilities

- Acquire new business and manage renewals with approved brokers; conduct technical risk assessments, pricing analysis, and deal structuring for sophisticated general contractors.
- Apply skillful, decisive underwriting judgment to evaluate applications, terms, loss history, and financial statements; determine risk degree based on company guidelines and underwriting authority.
- Design innovative risk transfer solutions tailored to unique customer needs while protecting AXA XL's profitability and maintaining portfolio performance.
- Coordinate seamlessly with Risk Engineering, Actuarial, Claims, Reinsurance, Accounting, and other internal teams to support underwriting decisions and drive product density.
- Establish and nurture robust relationships internally and externally, serving as the critical interface between brokers, clients, and the company.
- Contribute to enhancing underwriting practices and industry leadership in construction technology and sustainability.




- Report to the Chief Underwriting Office, Large Commercial‑Canada.

Qualifications

- College degree or equivalent experience.
- 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 along with strong sales and marketing abilities.
- Ability to effectively communicate and negotiate with senior personnel, brokers and clients.
- Excellent written and verbal communication skills in English; effective computer skills (MS Office).
- Willingness to work flexible hours and travel up to 20% of the time.

Compensation

The Canada base salary range for this position is CAD 122,000 to 171,000. Actual pay will be determined based on the individual’s skills, experience and location. We strive for market alignment and internal equity with our colleagues’ pay.

Benefits

We offer a competitive retirement savings plan, health and wellness programs, and a range of learning opportunities to support professional development.

Equal Employment Opportunity

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. AxA XL is an Equal Opportunity Employer.

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📌 Senior Underwriter Construction - SDI (Toronto)
🏢 AXA XL
📍 Toronto