Senior Underwriter Middle Market Multinational
New York, NY I USA
The Middle Market Multinational team provides foreign package and controlled master program solutions to US based multinational companies. You will help build and launch our Middle Market Multinational offering in conjunction with US Middle Market business. You will work cross-functionally to provide seamless worldwide property & casualty coverage for outward international risks. You will manage and grow a profitable book of new business delivering best-in class Underwriting service to your clients supporting the positive image of the company.
DISCOVER your opportunity
This position is typically a self-motivated contributor and your key responsibilities will involve underwriting business in line with the business plan; building guidelines and strategies related to international Property & Casualty Business; collaborating with domestic Middle Market underwriters; cross -selling with other business units; assisting the planning and forecasting process; monitoring aggregate exposure within agreed limits; ensuring all risks written are within the agreed appetite; maintaining awareness of all claims advised; supporting and providing input on all aspects of the account; building and cultivating relationships with brokers and clients; and supporting the design and structure of programs.
What will your essential responsibilities include?
- Underwrite new business in accordance with US Middle Market goals. Develop and manage underwriting strategies for targets accounts, including cross marketing penetration and specific plans to grow company share in the Middle P&C space.
- Help build internal strategies and guidelines related to foreign packages and controlled master programs
- Work cross functionally with AXA XL Network Service Team and Operations to administer programs
- Exercise discretion and independent judgment in the analysis and evaluation of risk.
- Participate in roundtable discussions on risk assessment and provide mentorship and leadership to peers.
- Build and enhance relationships with brokers and clients and identify and establish new distribution relationships for the launch of Middle Market Multinational.
- Maintain expertise with the products, services, priorities and target markets to more effectively enable clients to uncover hidden risks.
- Promote the company’s expertise by taking leadership roles in client and broker meetings to educate on risk.
- Maintain compliance with all internal and external underwriting guidelines and legal requirements.
- Support the business planning and forecasting process; monitor financial exposure within outlined limits; monitor premium income to ensure it remains within set limits.
- Effectively cross-market with other AXA XL lines; meet with brokers and insureds as required.
- Cultivate key broker relationships in the region to maintain a steady stream of business within our underwriting appetite.
- Possess an expert level of technical knowledge and skills in product and industry.
You will report to the Underwriting Manager.
SHARE your talent
Were looking for someone who has these abilities and skills:
- Some to moderate underwriting experience in International Property & Casualty
- Bachelors degree (or equivalent).
- Excellent written and oral communication skills with the ability to effectively communicate a viewpoint.
- Excellent demonstration of initiative, interpersonal skills, and a professional demeanor are critical.
- Possess a high and extensive level of technical knowledge and skills including product & industry.
- Able to apply business understanding and/or management experience to set direction within the segment or function.
- You should possess robust analytical and problem-solving skills as well as excellent sales and marketing abilities.
- Effective existing broker relationships in the international property & casualty space
- Excellent organizational and time-management skills combined with an excellent work ethic.
- Ability to develop and understand business processes, strategy and planning.
- Knowledge of functionality of systems.
- Ability to work independently.
- Ability to respond to a changing environment with flexibility and innovation.
- Excellent customer service and negotiation skills. A proven track record in development of effective business relationships with brokers and insureds.
- Ability to lead in accordance with AXA XL Core Values and Culture.
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 dont 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. Thats 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. Its 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. Were 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. Were 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 XLs 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 95,000 186,500. Actual pay will be determined based upon the individuals 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 XLs benefits offerings, please visit US-Benefits-at-a-Glance_2023_US.pdf (myaxaxlbenefits.com).