Underwriter II, Commercial Bond, Energy Transition

About the role

AXA XL seeks an Underwriter for our Commercial Bond unit with a focus on supporting our growth initiative in the Energy Transition sector. This role develops and maintains business relationships with agencies and/or brokers for the purpose of sales growth and distribution expansion within the energy industry, and independently underwrites accounts based on authority level granted to the role and underwriting appetite.

Responsibilities

• Underwrite, manage, and service an active portfolio of energy transition projects in line with business unit goals
• Act as primary access point for brokers and clients seeking Commercial Bond capabilities in support of energy transition projects
• Work as a liaison between Commercial Bond and Political Risk/Credit teams to coordinate client solutions for the energy sector
• Represent AXA XL at key energy financing events and forums, advocating for our value proposition and driving new business opportunities through thought-leadership and market engagement
• Work with key internal stakeholders including Global Chief Underwriting Office, Legal, and Claims to review and refine market appetite and underwriting guidelines as appropriate to meet evolving market needs
• Maintain compliance with all internal and external underwriting guidelines and legal requirements

Requirements

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

• Education: Undergraduate degree in business, insurance, or a related field preferred.
• Licenses/Certifications/Designations: Actively pursuing of AFSB, CPCU or other insurance/finance related certification desired.
• Experience: 3+ years commercial or contract surety or related underwriting experience preferred, with prior experience underwriting these products for the energy transition sector a plus.
• Knowledge: Requires in-depth knowledge of contract and/or commercial surety operations products, procedures and practices. Expertise in bond lines of business, ratings, customer environment and markets. Requires extensive knowledge of bond underwriting best practices, field underwriting operations and day-to-day underwriting operational needs. Familiarity with other company products preferred.
• Skills/Competencies: Must have excellent verbal and written communication skills in order to disseminate vision of senior leadership and to motivate a large agency force. Ability to set work priorities and to initiate, evaluate and recommend solutions to upper management. Must have the ability to perform duties with independent judgment, with underwriting authority and company underwriting standards. Demonstrated decision-making ability required in day-to-day operations. Interest in ongoing personal development and upskilling around renewable energy technologies (Solar, Wind, Battery Storage, Hydrogen, Hydroelectric, Biofuels, Nuclear, and CCUS).

Qualifications

Education: Undergraduate degree in business, insurance, or a related field preferred.

Licenses/Certifications/Designations: Actively pursuing of AFSB, CPCU or other insurance/finance related certification desired.

Experience: 3+ years commercial or contract surety or related underwriting experience preferred, with prior experience underwriting these products for the energy transition sector a plus.

Knowledge: Requires in-depth knowledge of contract and/or commercial surety operations products, procedures and practices. Expertise in bond lines of business, ratings, customer environment and markets. Requires extensive knowledge of bond underwriting best practices, field underwriting operations and day-to-day underwriting operational needs. Familiarity with other company products preferred.

Skills/Competencies: Must have excellent verbal and written communication skills in order to disseminate vision of senior leadership and to motivate a large agency force. Ability to set work priorities and to initiate, evaluate and recommend solutions to upper management. Must have the ability to perform duties with independent judgment, with underwriting authority and company underwriting standards. Demonstrated decision-making ability required in day-to-day operations. Interest in ongoing personal development and upskilling around renewable energy technologies (Solar, Wind, Battery Storage, Hydrogen, Hydroelectric, Biofuels, Nuclear, and CCUS).

Skills

Must have excellent verbal and written communication skills in order to disseminate vision of senior leadership and to motivate a large agency force. Ability to set work priorities and to initiate, evaluate and recommend solutions to upper management. Must have the ability to perform duties with independent judgment, with underwriting authority and company underwriting standards. Demonstrated decision-making ability required in day-to-day operations. Interest in ongoing personal development and upskilling around renewable energy technologies (Solar, Wind, Battery Storage, Hydrogen, Hydroelectric, Biofuels, Nuclear, and CCUS).

Benefits

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 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.

Pay

The U.S. base salary range for this position is $87,400 to $170,000 USD. 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.

Schedule

Not specified.