Underwriter II – Private Equity

AXA • Chicago, IL

1d

About The Position

Our Middle Markets business focuses on mid-sized customers in the US Commercial P&C market. In this role you will be responsible for underwriting our Middle Market products and establishing broker and client relationships in the Eastern Territory to support growing this business.
What you’ll be doing
Essential responsibilities include:
Underwriting both new and renewal business. Assisting in achieving profitable premium and rate goals, working with actuarial and claims to successfully delivering results consistent with financial plan.
Contribute to planning through the development and execution of your own annual desk-level underwriting plan.
Adhere to underwriting guidelines, underwriting authorities and referral requirements as needed to Underwriting Manager and Chief Underwriting Officer.
Ensuring high quality service standards and compliance with all internal audit guidelines.
Working collaboratively in a team environment, assisting underwriters, underwriting assistants and management team.
Travel throughout the territory for broker, client, and internal meetings.
Developing, maintaining and servicing broker relationships within the distribution model. Coordinate with brokers to determine their marketing and education needs supported by AXAXL Middle Market.
Acting as a representative of the company and our agents by attending internal/external company functions, agent sponsored and industry events.
Cross-sell across Middle Market business unit to maximize deployment of AXA XL’s capital.
You will report to the Chief Underwriting Officer – Private Equity.
What you’ll bring
We’re looking for someone who has these abilities and skills:
Outstanding knowledge of the US insurance industry, combined with in-depth technical knowledge of PE insurance product offerings. Effective broker relationships within the PE sector.
A moderate amount of Middle Market insurance experience (e.g., underwriting, claims, or insurance related business development experience).
Consistently pursue opportunities to differentiate AXA XL in the industry through our offerings and how we conduct business.
Demonstrated ability to build and maintain outstanding insured and broker contacts.
Excellent written and oral communication skills. Excellent customer service focus is a must.
Collaborative team player who provides creative solutions and ideas for resolution.

Requirements

• Outstanding knowledge of the US insurance industry, combined with in-depth technical knowledge of PE insurance product offerings. Effective broker relationships within the PE sector.
• A moderate amount of Middle Market insurance experience (e.g., underwriting, claims, or insurance related business development experience).
• Consistently pursue opportunities to differentiate AXA XL in the industry through our offerings and how we conduct business.
• Demonstrated ability to build and maintain outstanding insured and broker contacts.
• Excellent written and oral communication skills. Excellent customer service focus is a must.
• Collaborative team player who provides creative solutions and ideas for resolution.

Nice To Haves

• Bachelor’s Degree preferred; professional designations CPCU, ARM a plus
• Excellent analytical skills.
• Excellent communication skills.
• Excellent marketing, presentation and negotiation skills.
• Solid leadership and management skills.
• Excellent decision-making skills.

Responsibilities

• Underwriting both new and renewal business. Assisting in achieving profitable premium and rate goals, working with actuarial and claims to successfully delivering results consistent with financial plan.
• Contribute to planning through the development and execution of your own annual desk-level underwriting plan.
• Adhere to underwriting guidelines, underwriting authorities and referral requirements as needed to Underwriting Manager and Chief Underwriting Officer.
• Ensuring high quality service standards and compliance with all internal audit guidelines.
• Working collaboratively in a team environment, assisting underwriters, underwriting assistants and management team.
• Travel throughout the territory for broker, client, and internal meetings.
• Developing, maintaining and servicing broker relationships within the distribution model. Coordinate with brokers to determine their marketing and education needs supported by AXAXL Middle Market.
• Acting as a representative of the company and our agents by attending internal/external company functions, agent sponsored and industry events.
• Cross-sell across Middle Market business unit to maximize deployment of AXA XL’s capital.

Benefits

• 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 a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can 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
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees