Executive Underwriter – Multinational Casualty - XL Group

Executive Underwriter – Multinational Casualty

New York, NY

AXA XL Insurance is seeking a highly skilled and experienced Executive Underwriter to join our team. This role requires in-depth knowledge and expertise in underwriting large and complex multinational liability programs, managing a specialized portfolio, and developing strategic relationships with brokers and clients. The Executive Underwriter will play a critical role in shaping the underwriting strategy, ensuring profitability, and contributing to the company's growth objectives.

DISCOVER your opportunity

What will youressential responsibilities include?

·        Risk Assessment: Evaluate, underwrite, and price multinational liability programs within appetite, ensuring compliance with company guidelines and industry standards.

·        Portfolio Management:Develop and manage a specialized portfolio, focusing on achieving profitability and growth targets while maintaining an appropriate risk balance.

·        Market Analysis:Conduct thorough market research and analysis to identify trends, emerging risks, and opportunities, using these insights to inform underwriting decisions and strategies.

·        Relationship Management:Establish and maintain outstanding relationships with brokers, clients, and key stakeholders to facilitate business development, negotiate terms, and ensure client satisfaction.

·        Policy Development:Collaborate with underwriting teams and other departments to develop and refine policy wordings, coverage terms, and pricing structures tailored to complex risks.

·        Strategic Planning:Contribute to the development and execution of underwriting strategies, aligning with overall business objectives and market conditions.

·        Mentorship and Training:Provide expert guidance, mentorship, and training to junior underwriters, fostering a culture of excellence and continuous learning.

·        Compliance and Governance:Ensure all underwriting activities adhere to regulatory requirements, internal policies, and industry best practices.

·        Reporting and Documentation:Prepare detailed underwriting reports, portfolio reviews, and documentation to support decision-making and provide insights to senior management.

·        Innovation:Identify and implement innovative underwriting practices, tools, and technologies to enhance efficiency and competitive advantage.

You will report to the Head of Multinational Casualty.

SHARE your talent

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

Required Skills and Abilities:

·        Bachelor’s degree in business, Finance, Risk Management, or a related field. Advanced degree or professional certifications (e.g., CPCU, ARM) are highly desirable.

·        Extensive experience in underwriting and a robust understanding of insurance principles and regulations.

·        The ability to travel a minimum of 15% of the time is anticipated.

Desired Skills and Abilities:

·        Exceptional organizational and time management skills with the ability to perform accurate mathematical calculations. 

·        Excellent collaborative skills in a fast-paced team-centric environment.

·        Outstanding interpersonal, presentation, written and verbal communication skills.

·        The ability to demonstrate critical thinking, decision making, and problem-solving skills. 

FIND your future

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 ataxaxl.com

Inclusion & Diversity

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 a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can 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 ataxaxl.com/about-us/inclusion-and-diversity.  AXA XL is an Equal Opportunity Employer.

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 seeSustainability at AXA XL.

The U.S. pay range for this position is $155,500 - $233,000. 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.  For more details about AXA XL’s benefits offerings, please visitUS-Benefits-at-a-Glance_2023_US.pdf (myaxaxlbenefits.com).