Senior Underwriter, Political Risk and Credit, Specialty

About the role

We invent the new to help the world move forward. Leveraging strategic analytics and deep insights, we develop big ideas and innovative solutions that maximize our clients’ potential, thereby fulfilling our own. Come be a part of our inspiring team and help create the future.

What You’ll Be Doing

• Deliver profitable underwriting services to global clients and prospects on behalf of the Americas region.
• Apply deep risk insight to structure and price coverage, manage exposures, and build outstanding client and broker relationships.
• Expand our political risk and credit insurance capabilities across the portfolio.
• Represent AXA XL in client meetings with senior executives and brokers, delivering clear, credible risk insights.
• Assess and price risk across the full spectrum of credit and political risk transactions, with a particular focus on project and structured credit, development and impact finance and multicounty political risk insurance programs; in all cases determine appropriate premiums and coverage within delegated authority.
• Participate in internal transaction triage and assessment discussions on individual risks contributes to the refinement of underwriting standards and policy wordings.
• Negotiate with brokers and clients within authority, balancing profitability with client needs.
• Build and nurture brokers and client relationships; identify and establish new distribution channels.
• Maintain up-to-date expertise on products, markets, sanctions, export controls, and regulatory requirements to better identify hidden risks for clients.
• Promote AXA XL expertise by participating in industry events and leading client/broker discussions on risk.
• Ensure compliance with all internal and external underwriting guidelines, legal requirements, and policy terms.
• Support business planning and forecasting; monitor exposures and premium income against limits.
• Monitor advised claims and provide input on settlement strategy as appropriate.
• Identify opportunities for new product development and cross-market collaboration with other AXA XL lines; align with regional and global strategic priorities.
• Collaborate effectively in a team environment, supporting underwriter colleagues, underwriting assistants, and management.

What You Will Bring

• Extensive underwriting experience in political and/or credit risk for large commercial banks, development finance institutions and multinational corporates.
• Deep understanding of credit and political risk insurance policy wordings and ability to negotiate key policy terms and conditions with brokers and clients.
• Bachelor’s degree (or equivalent).
• Robust understanding of international markets and macro risk drivers.
• Proven ability to represent AXA XL with gravitas, professionalism, and sound judgment.
• Rubust analytical and problem-solving skills, paired with outstanding sales, negotiation, and relationship-management capabilities.
• Excellent organizational, time-management, and multi-tasking abilities; self-directed and adaptable to a dynamic environment.
• Ability to understand and influence business processes, strategy, and planning; willingness to collaborate across teams.
• Robust communication skills, with the ability to present complex risk concepts clearly to senior client and broker audiences.
• Knowledge of sanctions regimes, export controls, AML considerations, and regulatory compliance.
• Proficiency in common risk analytics tools and MS Office; familiarity with underwriting systems and data-driven decision making.
• Willingness to travel as needed.

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.

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 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.
• 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.