Senior Underwriter, Middle Market, Private Equity

About the role

Our ambition is to unlock a more sustainable and prosperous tomorrow by helping businesses navigate the world's risks. In the Americas, we deliver value far beyond the insurance policies we provide, confronting clients' risk management challenges with solutions that further their strategic goals and help them build more sustainable, thriving businesses. This Senior Underwriter role joins an established underwriting team in a rapidly growing and dynamic segment, 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 successfully deliver results consistent with financial plan
• Work closely with brokers and agents to understand specific client needs and ensure insurance policies are tailored to meet those needs
• Exercise discretion and self-supported judgment in the analysis and evaluation of risk
• Participate in roundtable discussions on risk assessment
• Negotiate with producers within the limits of delegated authority and in accordance with established underwriting standards to achieve profit objectives
• Build and enhance relationships with assigned brokers and clients to identify and establish new distribution relationships
• Maintain expertise with the products, services, priorities and target markets to more effectively enable clients to uncover hidden risks
• Maintain compliance with all internal and external underwriting guidelines and legal requirements

Requirements

Required Skills and Abilities

• Outstanding knowledge of the US insurance industry, combined with in-depth technical knowledge of PE insurance product offerings
• Effective broker relationships within the PE sector
• Extensive Middle Market insurance experience (e.g., underwriting, claims, or insurance related business development experience)
• Consistently pursue opportunities to differentiate AXA XL in the industry through offerings and how we conduct business
• Demonstrated ability to build and maintain outstanding insured and broker contacts
• Excellent written and oral communication skills
• Excellent customer service focus
• Collaborative team player who provides creative solutions and ideas for resolution

Desired Skills and Abilities

• 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
• Ability to demonstrate critical thinking, decision making, and problem-solving skills

Company overview

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, AXA XL doesn't just provide re/insurance — it reinvents it 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 lines of business: property, casualty, professional, financial lines and specialty. With an innovative and flexible approach to risk solutions, AXA XL partners with those who move the world forward.

Benefits

Inclusion

• 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

Total Rewards

AXA XL's Reward program is designed to take care of what matters most, covering the full picture of health, wellbeing, lifestyle and financial security. It provides enterprising compensation and personalized, inclusive benefits that evolve with you, committed to rewarding contribution for the long term.

Sustainability

Sustainability is integral to AXA XL's business strategy. The 2023-26 Sustainability strategy, "Roots of resilience," focuses on three pillars:

• Valuing nature: Protecting and restoring nature — from mangrove forests to backyard bees — by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans
• Addressing climate change: Building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions
• Integrating ESG: Training colleagues, engaging external partners, and evolving sustainability governance and reporting to build resilience from the roots of the business

AXA Hearts in Action programs include a Matching Gifts program, Volunteering Leave, and the annual Global Day of Giving.

Additional benefits

• Enterprising retirement savings plan
• Health and wellness programs
• Wide range of learning opportunities for professional development and career advancement

Pay

The U.S. base salary range for this position is USD 107,900 – 209,100. Actual pay will be determined based upon the individual's skills, experience and location. AXA XL strives for market alignment and internal equity with colleagues' pay.