Join to apply for the Senior Underwriter, Group Captives role at AXA XL
1 day ago Be among the first 25 applicants
Join to apply for the Senior Underwriter, Group Captives role at AXA XL
Senior Underwriter - Group Captives
Countrywide I USA
Join us at AXA XLs Global Risk management group for an exciting and newly created opportunity in our Group Captives business unit. As a Senior Underwriter, you will be a key member of our group captive team. This role is for someone with vast experience in all aspects of group captives. You will be an individual contributor in a new a growing area of Primary Casualty. Your key responsibilities will involve underwriting business in line with the business plan; assisting the planning and forecasting process; monitoring aggregate exposure within agreed limits; ensuring all risks written are within the agreed maximum; maintaining awareness of all claims advised; supporting and providing input on settlement of claims advised; building and maintaining relationships with brokers and clients; supporting the design and structure of risks; identifying and driving new product development opportunities.
DISCOVER your opportunity
In Global Risk Management in North America, one of our goals is to establish and provide the best-in-class Group Captive Programs in the marketplace. While we have already begun to make headway in this strategic
space, Global Risk Management plans to elevate our profile and to achieve this by writing qualified programs through a collaborative team of competent individuals with great underwriting expertise. Our focus is on the customer,
profitability and long-term viability.
Our Group Captive unit is significantly growing our portfolio of business. We seek a highly seasoned underwriting professional to help our team refine and execute the Group Captives business strategy to achieve all established production, loss ratio, rate, account retention and ROE goals.
What will your essential responsibilities include?
- Underwrite, manage and service a renewal book, and produce new business in accordance with business unit goals. Develop and manage underwriting strategies for both renewals and targets within your portfolio of accounts, including knowledge of the current penetration by product, cross-marketing penetration, and specific plans to increase company share.
- Develop, underwrite, manage and service a portfolio of Group Captive programs.
- Responsible for building the AXA XL reputation in North America within the Group Captive industry
- Exercise discretion and independent judgement in the analysis and evaluation of risk.
- Participate in roundtable discussions on risk assessment and provide mentorship and leadership to peers.
- Negotiate with captive intermediaries and producers within the limits of delegated authority and in accordance with established underwriting standards to achieve profit objectives.
- Build and enhance relationships with captive intermediaries, producers and clients and identify and establish new distribution relationships.
- Promote the companys expertise by participating in industry conferences and events, while regularly conducting and 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.
- Maintain awareness of all claims advised while supporting and providing input on settlement of claims.
- Identify and drive development of new product opportunities. Effectively cross-market with other AXA XL lines; meet with captive intermediaries, producers and insureds as required. Cultivate key intermediary relationships within the market and maintain a steady stream of business within our underwriting appetite.
- Under broad management direction, work at the highest authority limits on assignments reflecting the expert degree of technical complexity and coordination.
- Attend mandatory Group Captive board meetings as planned (two per year per captive)
SHARE your talent
- Ten years in the relevant class of business.
- Bachelors degree (or equivalent).
- Possess a high and extensive degree of technical knowledge and skills including product and industry.
- Able to apply business understanding and/or management experience to set direction within the segment or function.
- Possess strong analytical and problem-solving skills, as well as strong sales and marketing abilities.
- Advanced organizational, time-management and multi-tasking skills, combined with a strong 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.
- Advanced customer service and negotiation skills, and a proven track record in developing strong business relationships with brokers and insureds.
- Ability to lead in accordance with AXA XL Core Values and Culture.
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
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. Thats 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. 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
What we offer
Total Rewards
AXA XLs Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.
Were committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.
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.
The U.S. base salary range for this position is USD 106,500 - 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 2025.
Seniority level
Seniority level
Not Applicable
Employment type
Employment type
Full-time
Job function
Job function
Finance and Sales-
Industries
Insurance
Referrals increase your chances of interviewing at AXA XL by 2x
Sign in to set job alerts for Senior Underwriter roles.
Senior Underwriter, Group Healthcare Insurance
Farmington, CT $80,000.00-$95,000.00 1 week ago
Senior Underwriter, E&S General Liability
Hartford, CT $106,000.00-$187,000.00 1 week ago
Cheshire, CT $90,000.00-$130,000.00 2 weeks ago
Regional Underwriting Lead, Group Healthcare Insurance
Farmington, CT $110,000.00-$120,000.00 1 week ago
Hartford, CT $46,988.00-$112,200.00 2 weeks ago
Underwriter - Public Entity - Fully Remote
Quality Review, Senior Underwriting Consultant
Hartford, CT $77,400.00-$116,100.00 2 weeks ago
Hartford, CT $46,988.00-$112,200.00 2 weeks ago
Rocky Hill, CT $85,000.00-$100,000.00 3 months ago
SVP, Auto Underwriting and Portfolio Manager
Simsbury, CT $200,000.00-$250,000.00 1 week ago
Hartford, CT $66,330.00-$145,860.00 5 days ago
West Hartford, CT $70,000.00-$123,000.00 1 week ago
Lower Middle Market Underwriter, Construction
Simsbury, CT $85,000.00-$130,000.00 3 days ago
Hartford, CT $46,988.00-$112,200.00 1 month ago
Hartford, CT $54,300.00-$159,120.00 1 week ago
Hartford, CT $84,000.00-$127,000.00 2 weeks ago
SVP, Casualty Underwriting and Portfolio Manager
Simsbury, CT $200,000.00-$250,000.00 1 week ago
SVP, Workers Compensation Underwriting and Portfolio Manager
Simsbury, CT $200,000.00-$250,000.00 1 week ago
Hartford, CT $60,000.00-$85,000.00 2 weeks ago
Hartford, CT $54,300.00-$159,120.00 1 month ago
West Hartford, CT $85,000.00-$95,000.00 6 days ago
West Hartford, CT $85,000.00-$100,000.00 1 week ago
Springfield, MA $75,000.00-$100,000.00 6 days ago
Were unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr