Senior Underwriting Officer – Property, US Middle Market
Senior Underwriting Officer – Property, US Middle Market
Hartford, CT | Boston, MA | Stamford, CT | Exton, PA | Philadelphia, PA | New York, NY | Chicago, IL | USA
As a newly established business division of AXA XL Americas, our Middle Market business focuses on the expansion of AXA XL’s current offerings to mid-sized clients in the US Commercial P&C market. As a Senior Underwriting Officer - Property supporting the Middle Market organization, you will play an integral role in AXA XL’s drive towards profitable growth. You will leverage your technical expertise and underwriting experience in Property lines of business with deep understanding of the marketplace to enrich our underwriting expertise and differentiate our offering in market.
DISCOVER your opportunity
What will your essential responsibilities include?
- Work in close collaboration with Product and Underwriting counterparts as well as broker partners to identify and develop products, key coverages, and endorsements that will differentiate our offering in the market within your assigned industry segments
- Drive underwriting strategy and risk selection through understanding of the competitive marketplace, preferred risk characteristics, lessons from loss trends, and competitor offering.
- Provide account-level support to underwriters and leverage referral authority to enable profitable growth and a balanced book of business in preferred segments.
- Establish excellent working relationships with cross-functional groups including Claims, Compliance, Regulatory, Legal and other functions to engage and collaborate on issues related to the Casualty Lines of business
- Work on behalf of Middle Market team and underwriters as liaison on compliance topics, review all regulatory and compliance components of products the business intends to write, and advise on any business strategies that require input from regulatory or compliance
- Represent AXA XL as a subject matter expert and thought leader at industry conferences enabling the organization to see around corners and stay ahead of industry trends and emerging risks
You will report to the Head of Product & Analytics.
SHARE your talent
We’re looking for someone who has these abilities and skills:
- Extensive insurance experience and/or training in the areas of Commercial Lines Property and Casualty, preferably with a focused on mid-sized account experience.
- Previous underwriting experience is required.
- Intimate knowledge of the Property market, specifically for mid-sized clients. Understanding of different levers that can be pulled and optimal terms of conditions that the market will bear.
- A university degree, preferably in the area of Business or Finance or equivalent combination of education and experience.
- In depth knowledge of underwriting principles, rating methodology and Professional Lines products.
- Robust understanding and demonstrated competency of standard policy wordings.
- Possess and demonstrate sound critical thinking skills, robust interpersonal and communication skills (both written and verbal) and excellent negotiation abilities.
- Team player with excellent management skills and commitment to continued professional development.
- Proven sales/production record and experience in a similar role.
- Knowledge and experience in working in Microsoft Office Suite (Word, Excel, PowerPoint and Outlook)
FIND your future
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.
Learn more at axaxl.com
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.
At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.
- 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
Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.
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.
Our Pillars:
- Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
- Addressing climate change: The effects of a changing climate are far reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
- Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
- AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.
For more information, please see Sustainability at AXA XL.
The U.S. pay range for this position is USD 190,000 – 233,000. 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.
At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers. For more details about AXA XL’s benefits offerings, please visit US-Benefits-at-a-Glance_2023_US.pdf (myaxaxlbenefits.com).
