Are you applying to the internship?
Job Description
Associate Underwriter, Group Captives | AXA
The Tone:
This is a full-time role at AXA XL, located in the USA. AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks for mid-sized companies, multinationals, and individuals by reinventing re/insurance through a strong capital platform, data-driven insights, and leading technology. This newly created opportunity is for a key member of the growing Group Captives business unit within Global Risk Management, crucial for establishing best-in-class programs and achieving strategic business goals.
The TL;DR
• Role: Full Time
• Location: USA
• Pay: $67400–$112400 yearly
• Team: Individual contributor within the Group Captives business unit, reporting to the Underwriting Manager/Head of Group Captives.
• Mission: Refine and execute the Group Captives business strategy to achieve all established production, loss ratio, rate, account retention, and ROE goals.
What You’ll Actually Do
• Underwrite: Manage and service a renewal book while producing new business in line with unit goals and business plans.
• Strategize: Develop and manage underwriting strategies for both renewals and targets within your account portfolio.
• Build Relationships: Cultivate and enhance relationships with captive intermediaries, producers, and clients, and establish new distribution partnerships.
• Represent: Participate in industry conferences, client meetings, broker meetings, and mandatory Group Captive board meetings to promote company expertise.
• Monitor & Support: Assist with business planning and forecasting, monitor financial exposure and premium income, and provide input on claims settlement.
The Must-Haves
• Background: Bachelor’s degree (or equivalent) with a high and extensive degree of technical knowledge in product and industry within group captives.
• Experience: Seasoned underwriting professional with experience in all aspects of group captives, demonstrating discretion and independent judgment in risk analysis and evaluation.
• Skills: Strong analytical, problem-solving, sales, and marketing abilities, combined with advanced organizational, time-management, multi-tasking, customer service, and negotiation skills.