Associate Underwriter, Cyber Wholesale

AXA•Chicago, IL

8d•Hybrid

About The Position

AXA XL provides cyber insurance and technology professional liability on an open brokerage basis to start-up firms all the way up to the Fortune 500. This class has been identified by AXA XL as an exciting growth area with excellent prospects for the successful underwriter to grow their profile and advance their career. As digital threats grow more sophisticated, malicious, and hard to detect, our focus on innovation in providing tailored solutions to complex risks AXA XL has earned the reputation as a market leader. An increased dependence on technology brings increased vulnerabilities. Data breaches threaten the security of financial, customer, employee and other proprietary data, and, at any time, a cyber-attack can disrupt a company’s operations. We have an exciting opportunity for an Underwriter to join our Cyber – Wholesale underwriting team in a rapidly growing and dynamic segment. The individual will be responsible for servicing a renewal book and producing new business through exceptional underwriting practices throughout North America.

Requirements

A bachelor's degree or equivalent.
Some Cyber and Technology underwriting experience or Underwriting experience in another area of expertise with a robust conceptual comprehension of data security, privacy, cyber and information risk.
The ability to travel a minimum of 15% of the time is anticipated.

Nice To Haves

Exceptional organizational and time management skills with the ability to perform accurate mathematical calculations.
Excellent collaborative skills in a fast-paced team-centric environment.
Robust interpersonal, presentation, written and verbal communication skills.
The ability to demonstrate critical thinking, decision making, and problem-solving skills.

Responsibilities

Responsible for same day quote turnarounds including quoting 7 to 14 new business opportunities each day
Assist in achieving profitable premium and rate goals, working with actuarial and claims and successfully delivering results consistent with financial plan.
Collaborate across business units and functions to leverage existing resources to underwrite, manage and service a cyber and technology renewal book and produce new business in accordance with the Cyber underwriting unit goals.
Exercise discretion and self-supported judgment in the analysis and evaluation of risk.
Participate in roundtable discussions on risk assessment.
Negotiate with producers within the limits of delegated authority and in accordance with established underwriting standards to achieve profit objectives.
Build and enhance relationships with assigned brokers and clients to identify and establish new distribution relationships.
Maintain expertise with the products, services, priorities and target markets to more effectively enable clients to uncover hidden cyber risks.
Promote the company's expertise by participating in industry conferences and events.
Maintain compliance with all internal and external underwriting guidelines and legal requirements.