AXA XL
Underwriter II, Mergers & Acquisitions Insurance
AXA XL’s global Mergers & Acquisitions Insurance division focuses on underwriting transactional risk insurance solutions for private equity firms and corporate strategic buyers around the globe. These products—representation & warranty, tax opinion, tax credit and contingent liability insurance—are used by buyers, sellers and advisors to quantify, price and allocate risk. Since establishing this business division in 2017, we have expanded our suite of products to key clients while creating a more efficient means for them to close deals and reduce uncertainty.
We are now looking to scale by filling an Underwriter II position in the New York office. As an M&A Underwriter you will play a vital role by establishing strong business relationships internally and externally and acting as the critical interface between brokers, clients and the company when underwriting transactional M&A insurance. The position reports to the Head of Mergers & Acquisition Insurance.
What You’ll Be Doing
Review public and private M&A transaction documentation, due diligence reports, financial statements and quality of earnings reports to identify deal risks and assess target company financial strength while performing pre‑underwriting analysis used in quoting representations and warranties insurance.
Draft and submit custom‑tailored quotes for proposed M&A insurance policies and follow up with brokers to win new business.
Interact with and support the M&A management team with day‑to‑day business issues, lead the underwriting process on transactions, perform detailed analysis of issues raised on underwriting calls and in due diligence reports.
Negotiate and draft insurance policy terms and language specifically addressing risk and issues in each transaction.
Collaborate with and supervise outside legal counsel and/or accountants hired to represent AXA XL with due diligence on each transaction.
Develop and cultivate relationships with M&A insurance brokers, lawyers, private equity firms, deal principals and internal AXA XL colleagues.
Gather underwriting information via the Internet and other publicly available sources and complete underwriting analysis for each unique risk.
Conduct financial analysis on target companies and potential insureds.
What You Will Bring We’re looking for someone who has the following abilities and skills:
Corporate experience in a transaction‑oriented role such as M&A insurance underwriting, investment banking, private equity, or advisory, in‑house corporate legal team or law firm experience, or transaction advisory services at an accounting firm. Significant financial lines underwriting experience from an established insurance carrier will also be considered.
Knowledge of transactional legal exposures—warranty breaches, tax structuring issues, price adjustment mechanisms, litigation, and damage computation/measurement.
Ability to comprehend financial statements and address tax issues and other commercial matters.
Financial accounting/auditing experience a plus.
Specific experience procuring, broking or negotiating representations and warranties insurance or other transactional risk insurance on behalf of deal clients is a strong plus.
Excellent written and oral communication skills.
Effective negotiating skills and comfort working with legal documents.
Self‑starter, highly focused, enthusiastic and creative thinker; ability to work independently with minimal oversight.
Well‑rounded interpersonal skills and ability to collaborate within a team environment.
Organized and able to work in a fast‑paced environment with tight deadlines and deal‑time pressures.
Juris Doctorus degree strongly preferred; bachelor’s degree in finance, accounting, economics or business is a strong plus but not required.
Who We Are AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid‑sized companies, multinationals and individuals we don’t just provide re/insurance; we reinvent it. By combining a comprehensive and efficient capital platform, data‑driven insights, leading technology and the best talent in an agile and inclusive workspace, we empower delivery of top client service across all lines of business—property, casualty, professional, financial lines and specialty.
What We Offer Inclusion AXA XL is an equal‑employment‑opportunity employer and will consider applicants regardless of gender, sexual orientation, age, ethnicity, origins, marital status, religion, disability, or any other protected characteristic. We are committed to building an inclusive culture that enables business growth and supports individuals to bring their full selves to work and 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 worldwide.
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.
Total Rewards AXA XL’s reward program is designed to take care of what matters most to you, covering the full picture of health, wellbeing, lifestyle and financial security. We provide competitive compensation and personalized, inclusive benefits that evolve as you do. We’re 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. Our 2023–26 strategy, “Roots of Resilience,” focuses on protecting natural ecosystems, addressing climate change and embedding sustainable practices across our operations.
Our Pillars
Valuing nature: 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: 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.
AXA Hearts in Action: This program includes matching gifts, volunteering leave and our annual volunteering day—Global Day of Giving.
Compensation The U.S. base salary range for this position is $85,000–$149,000 USD. Actual pay will be determined based on the individual’s skills, experience and location. We strive for market alignment and internal equity with our colleagues’ pay.
Benefits We offer 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 them to hone their professional skills and position themselves for the next step of their careers. For more details about our benefits offerings,
visit US Benefits at a Glance 2025.
Equal Opportunity Employer AXA XL is an Equal Opportunity Employer.
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We are now looking to scale by filling an Underwriter II position in the New York office. As an M&A Underwriter you will play a vital role by establishing strong business relationships internally and externally and acting as the critical interface between brokers, clients and the company when underwriting transactional M&A insurance. The position reports to the Head of Mergers & Acquisition Insurance.
What You’ll Be Doing
Review public and private M&A transaction documentation, due diligence reports, financial statements and quality of earnings reports to identify deal risks and assess target company financial strength while performing pre‑underwriting analysis used in quoting representations and warranties insurance.
Draft and submit custom‑tailored quotes for proposed M&A insurance policies and follow up with brokers to win new business.
Interact with and support the M&A management team with day‑to‑day business issues, lead the underwriting process on transactions, perform detailed analysis of issues raised on underwriting calls and in due diligence reports.
Negotiate and draft insurance policy terms and language specifically addressing risk and issues in each transaction.
Collaborate with and supervise outside legal counsel and/or accountants hired to represent AXA XL with due diligence on each transaction.
Develop and cultivate relationships with M&A insurance brokers, lawyers, private equity firms, deal principals and internal AXA XL colleagues.
Gather underwriting information via the Internet and other publicly available sources and complete underwriting analysis for each unique risk.
Conduct financial analysis on target companies and potential insureds.
What You Will Bring We’re looking for someone who has the following abilities and skills:
Corporate experience in a transaction‑oriented role such as M&A insurance underwriting, investment banking, private equity, or advisory, in‑house corporate legal team or law firm experience, or transaction advisory services at an accounting firm. Significant financial lines underwriting experience from an established insurance carrier will also be considered.
Knowledge of transactional legal exposures—warranty breaches, tax structuring issues, price adjustment mechanisms, litigation, and damage computation/measurement.
Ability to comprehend financial statements and address tax issues and other commercial matters.
Financial accounting/auditing experience a plus.
Specific experience procuring, broking or negotiating representations and warranties insurance or other transactional risk insurance on behalf of deal clients is a strong plus.
Excellent written and oral communication skills.
Effective negotiating skills and comfort working with legal documents.
Self‑starter, highly focused, enthusiastic and creative thinker; ability to work independently with minimal oversight.
Well‑rounded interpersonal skills and ability to collaborate within a team environment.
Organized and able to work in a fast‑paced environment with tight deadlines and deal‑time pressures.
Juris Doctorus degree strongly preferred; bachelor’s degree in finance, accounting, economics or business is a strong plus but not required.
Who We Are AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid‑sized companies, multinationals and individuals we don’t just provide re/insurance; we reinvent it. By combining a comprehensive and efficient capital platform, data‑driven insights, leading technology and the best talent in an agile and inclusive workspace, we empower delivery of top client service across all lines of business—property, casualty, professional, financial lines and specialty.
What We Offer Inclusion AXA XL is an equal‑employment‑opportunity employer and will consider applicants regardless of gender, sexual orientation, age, ethnicity, origins, marital status, religion, disability, or any other protected characteristic. We are committed to building an inclusive culture that enables business growth and supports individuals to bring their full selves to work and 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 worldwide.
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.
Total Rewards AXA XL’s reward program is designed to take care of what matters most to you, covering the full picture of health, wellbeing, lifestyle and financial security. We provide competitive compensation and personalized, inclusive benefits that evolve as you do. We’re 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. Our 2023–26 strategy, “Roots of Resilience,” focuses on protecting natural ecosystems, addressing climate change and embedding sustainable practices across our operations.
Our Pillars
Valuing nature: 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: 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.
AXA Hearts in Action: This program includes matching gifts, volunteering leave and our annual volunteering day—Global Day of Giving.
Compensation The U.S. base salary range for this position is $85,000–$149,000 USD. Actual pay will be determined based on the individual’s skills, experience and location. We strive for market alignment and internal equity with our colleagues’ pay.
Benefits We offer 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 them to hone their professional skills and position themselves for the next step of their careers. For more details about our benefits offerings,
visit US Benefits at a Glance 2025.
Equal Opportunity Employer AXA XL is an Equal Opportunity Employer.
#J-18808-Ljbffr