Senior Underwriter, Team Lead - Cyber

AXA XL provides cyber insurance and technology professional liability on an open brokerage basis to start-up firms all the way up to the Fortune 500. This class has been identified by AXA XL as an exciting growth area with excellent prospects for the successful underwriter to grow their profile and advance their career. As digital threats grow more sophisticated, malicious, and hard to detect, our focus on innovation in providing tailored solutions to complex risks has earned AXA XL the reputation as a market leader.

About the role

We have an exciting opportunity for a Senior Underwriter to join our Cyber – Middle Markets underwriting team, one of our rapidly growing and dynamic segments within the Cyber underwriting unit. The individual will be responsible for servicing a renewal book, producing new business, and building new distribution channels through exceptional underwriting practices throughout North America.

Responsibilities

• As Team Lead, serve as part of the US Cyber Leadership team and participate in weekly leadership calls, jointly responsible for reporting on Middle Market financial performance, managing and implementing process improvements, and communicating results back to the wider team.
• Serve as the point lead for the West and Central markets, managing regional broker relationships at a high level and mentoring junior underwriters while providing underwriting approvals in both regions.
• Handle a book of new and renewal Tech and Cyber business while fulfilling Team Lead responsibilities.
• Build and execute a business plan to expand the Cyber Central region’s existing middle markets portfolio, aligning within the overall Cyber business growth strategy.
• Assist in and lead others in achieving profitable premium and rate goals, working with actuarial and claims to deliver results consistent with the financial plan.
• Collaborate across business units and functions to leverage existing resources to underwrite, manage, and service a cyber and technology renewal book and produce new business in accordance with Cyber underwriting unit goals.
• 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 enable clients to uncover hidden cyber risks.
• Promote the company's expertise by participating in industry conferences and events while regularly conducting and taking leadership roles in client and broker meetings to educate on evolving cyber risk.
• Maintain compliance with all internal and external underwriting guidelines and legal requirements.

You will report to the Head of Middle Markets, Cyber.

Requirements

• A bachelor’s degree or equivalent experience.
• A moderate to extensive amount of experience within Cyber and Technology underwriting or Underwriting experience in another area of expertise with a robust conceptual comprehension of data security, privacy, cyber, and information risk.
• Ability to travel a minimum of 15% of the time.

Skills

• 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.
• Ability to demonstrate critical thinking, decision-making, and problem-solving skills.
• Demonstrated mentoring and coaching capabilities with the ability to develop junior underwriting talent.
• Experience managing regional relationships and cross-functional team collaboration at a strategic level.

About AXA XL

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. By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, we empower our team 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.

Benefits

• Competitive retirement savings plan.
• Health and wellness programs.
• Wide range of learning opportunities to hone professional skills and support career development.
• Flexible Working Arrangements.
• Enhanced family-friendly leave benefits.
• Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability, and inclusion with 20 Chapters around the globe.
• Robust support for volunteering and charitable giving programs, including Matching Gifts, Volunteering Leave, and an annual Global Day of Giving.

Pay

The U.S. base salary range for this position is USD 107,600 – 209,100. Actual pay will be determined based upon the individual’s skills, experience, and location.

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. We know that an inclusive culture enables business growth and is critical to our success. Our strategic commitment is to attract, develop, advance, and retain the most inclusive workforce possible, creating a culture where everyone can bring their full selves to work and reach their highest potential.

Sustainability

At AXA XL, Sustainability is integral to our 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 and colleagues to prioritize nature.
• Addressing climate change: Building a net-zero strategy, developing insurance products and services, and advancing thought leadership and investment in societal-led solutions.
• Integrating ESG: Incorporating ESG considerations into internal processes and practices to build resilience from the roots of our business through training, partner engagement, and evolving sustainability governance and reporting.