AXA XL
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Underwriter II, Equipment Breakdown
role at
AXA XL
What you’ll be doing What will your essential responsibilities include?
Develop and structure tailor-made solutions through our risk transfer products, in accordance with the Equipment Breakdown Underwriting Guidelines and relevant best practices, to enhance our customer and broker experience.
Procure new business opportunities through effective marketing strategies designed around supporting our key brokers, wholesalers and regional brokers, fostering new broker relationships, and meeting with prospective clients.
Evaluate appropriate risk premium by considering the risk costs, inherent to the Equipment Breakdown sector, reinsurance cessions as well as the underwriting and general administration costs to ensure profitability.
Utilize effective sales and negotiating skills to bring new business and renewal transactions to a successful close.
Initiate and collaborate internally with other business units to uncover and pursue cross-sell opportunities.
Manage timely implementation of new and renewal accounts, including but not limited to, referrals, quotes, binders, facultative reinsurance, policies, engineering services, premium collection in accordance with company standards.
Advise, assist, and service clients on insurance and risk management matters to ensure clients satisfaction and respond to client and AXA XL queries in a timely manner.
Develop best practices and the sharing of underwriting knowledge within the team.
Proactively foster positive relationships with renewal clients including pre-renewal and stewardship engagement to get a mutual understanding of their needs.
Ability to lean and/or assist in continuous improvement project to benefit Equipment Breakdown and is some cases, the broader organization.
You will report to the Head of EB Technical + Product.
What you’ll bring Required Skills And Abilities
Solid technical knowledge of equipment exposures, mechanical and electrical systems, and the application of coverage forms to a wide variety of industries.
The ability to determine appropriate rating, terms, and conditions in accordance with company guidelines and delegated underwriting authority.
The ability to analyze inspection reports, engineering recommendations, and maintenance programs to identify potential loss drivers and mitigation opportunities.
Manage an assigned book of business for profitability, rate adequacy and retention targets.
Apply sound judgement in pricing, coverage, and risk selection consistent with portfolio objectives.
Proficiency in rating tools, reinsurance structures and facultative procedures.
Desired Skills And Abilities
Analytical thinking and sound judgment in balancing risk selection with business goals.
Robust communication and negotiation skills with brokers and internal teams.
Initiative and accountability in managing assigned underwriting authority.
Team-oriented mindset with willingness to mentor junior underwriters.
Detail-oriented, organized, and comfortable with deadline-driven work.
Bachelor’s Degree preferred, professional designations CPCU, ARM a plus.
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 even some inspirational 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, 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.
What we offer 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. That’s 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. 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.
Total Rewards AXA XL’s 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. 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. 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. base salary range for this position is USD 85,000 - 149,000.
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 2025.
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Underwriter II, Equipment Breakdown
role at
AXA XL
What you’ll be doing What will your essential responsibilities include?
Develop and structure tailor-made solutions through our risk transfer products, in accordance with the Equipment Breakdown Underwriting Guidelines and relevant best practices, to enhance our customer and broker experience.
Procure new business opportunities through effective marketing strategies designed around supporting our key brokers, wholesalers and regional brokers, fostering new broker relationships, and meeting with prospective clients.
Evaluate appropriate risk premium by considering the risk costs, inherent to the Equipment Breakdown sector, reinsurance cessions as well as the underwriting and general administration costs to ensure profitability.
Utilize effective sales and negotiating skills to bring new business and renewal transactions to a successful close.
Initiate and collaborate internally with other business units to uncover and pursue cross-sell opportunities.
Manage timely implementation of new and renewal accounts, including but not limited to, referrals, quotes, binders, facultative reinsurance, policies, engineering services, premium collection in accordance with company standards.
Advise, assist, and service clients on insurance and risk management matters to ensure clients satisfaction and respond to client and AXA XL queries in a timely manner.
Develop best practices and the sharing of underwriting knowledge within the team.
Proactively foster positive relationships with renewal clients including pre-renewal and stewardship engagement to get a mutual understanding of their needs.
Ability to lean and/or assist in continuous improvement project to benefit Equipment Breakdown and is some cases, the broader organization.
You will report to the Head of EB Technical + Product.
What you’ll bring Required Skills And Abilities
Solid technical knowledge of equipment exposures, mechanical and electrical systems, and the application of coverage forms to a wide variety of industries.
The ability to determine appropriate rating, terms, and conditions in accordance with company guidelines and delegated underwriting authority.
The ability to analyze inspection reports, engineering recommendations, and maintenance programs to identify potential loss drivers and mitigation opportunities.
Manage an assigned book of business for profitability, rate adequacy and retention targets.
Apply sound judgement in pricing, coverage, and risk selection consistent with portfolio objectives.
Proficiency in rating tools, reinsurance structures and facultative procedures.
Desired Skills And Abilities
Analytical thinking and sound judgment in balancing risk selection with business goals.
Robust communication and negotiation skills with brokers and internal teams.
Initiative and accountability in managing assigned underwriting authority.
Team-oriented mindset with willingness to mentor junior underwriters.
Detail-oriented, organized, and comfortable with deadline-driven work.
Bachelor’s Degree preferred, professional designations CPCU, ARM a plus.
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 even some inspirational 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, 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.
What we offer 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. That’s 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. 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.
Total Rewards AXA XL’s 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. 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. 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. base salary range for this position is USD 85,000 - 149,000.
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 2025.
#J-18808-Ljbffr