Jobs · Finance · Illinois

Executive Underwriter - Primary Casualty

AXA XL · Chicago, IL · 4 days ago
FinanceFull-time

About the role

AXA XL is seeking an Executive Underwriter to join an established underwriting team in a rapidly growing and dynamic segment. The individual will be responsible for servicing a renewal book and producing new business through exceptional underwriting practices throughout North America.

Responsibilities

  • Underwrite the unit’s most complex new and renewal business within assigned remit.
  • Drive profitable premium and rate goals, working with actuarial and claims to deliver results consistent with the financial plan.
  • Work closely with brokers and agents to understand client needs and tailor insurance policies accordingly.
  • Provide guidance and support to junior underwriters.
  • Exercise discretion and independent judgment in risk analysis and evaluation.
  • Participate in roundtable discussions on risk assessment.
  • Negotiate with producers within delegated authority to achieve profit objectives while adhering to underwriting standards.
  • Build and enhance relationships with assigned brokers and clients to identify and establish new distribution relationships.
  • Maintain expertise in products, services, priorities, and target markets to help clients uncover hidden risks.
  • Promote the company’s expertise by participating in industry conferences, leading client and broker meetings, and educating on evolving risks.
  • Maintain compliance with all internal and external underwriting guidelines and legal requirements.

Requirements

  • Extensive experience in primary casualty underwriting and a strong understanding of insurance principles and regulations.
  • Ability to travel a minimum of 15% of the time.
  • Exceptional organizational and time management skills, with the ability to perform accurate mathematical calculations.
  • Outstanding collaborative skills in a fast-paced, team-centric environment.
  • Excellent interpersonal, presentation, written, and verbal communication skills.
  • Demonstrated critical thinking, decision-making, and problem-solving skills.
  • Legally authorized to work in the United States without sponsorship now or in the future.

About Us

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. We provide re/insurance solutions for mid-sized companies, multinationals, and individuals, reinventing how risk is managed. By combining a comprehensive capital platform, data-driven insights, leading technology, and top talent, we deliver client service across property, casualty, professional, financial lines, and specialty. We partner with those who move the world forward.

Benefits

  • Competitive retirement savings plan.
  • Health and wellness programs.
  • Wide range of learning opportunities to develop professional skills.
  • Inclusive culture with five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability, and inclusion, with 20 chapters globally.
  • Robust support for Flexible Working Arrangements.
  • Enhanced family-friendly leave benefits.
  • Named to the Diversity Best Practices Index and a signatory to the UK Women in Finance Charter.

Pay

The U.S. base salary range for this position is USD 95,000 – 186,500. Actual pay will be determined based on skills, experience, and location.

Sustainability

Sustainability is integral to AXA XL’s business strategy. Our 2023-26 Sustainability strategy, "Roots of resilience," focuses on:

  • Valuing nature: Protecting and restoring natural ecosystems by increasing biodiversity awareness and inspiring clients to prioritize nature.
  • Addressing climate change: Building a net-zero strategy, developing insurance products, and advancing thought leadership and investment in climate solutions.
  • Integrating ESG: Incorporating ESG considerations into internal processes, training colleagues, and evolving sustainability governance and reporting.
  • AXA Hearts in Action: Volunteering and charitable giving programs, including Matching Gifts, Volunteering Leave, and the Global Day of Giving.

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