Senior Underwriter, Large Accounts; Cyber

Job Number: 24CYAM09D20230620

Job Title: Senior Underwriter, Large Accounts; Cyber

Location: New York, NY, USA

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 has earned AXA XL 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 a Senior Underwriter to join our Large Accounts Cyber underwriting team, our preeminent portfolio, which continues to be 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.

Essential Responsibilities:

• Build and execute a business plan to expand the existing Large Accounts portfolio, aligning within the overall Cyber business strategy.
• 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 independent 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 while regularly conducting and taking leadership roles in client and broker meetings to educate on evolving cyber risk.
• Maintain compliance with all internal and external underwriting guidelines and legal requirements.

You will report to The Head of Large Accounts Standard.

Required Skills and Abilities:

• A bachelor’s degree or equivalent experience.
• A moderate to extensive amount of experience within 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.

Desired Skills and Abilities:

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

Compensation: The U.S. pay range for this position is USD 95,000 – 186,500. Actual pay will be determined based upon the individual’s skills, experience, and location.

Benefits: AXA XL offers a competitive retirement savings plan, health and wellness programs, and many other benefits. For more details about AXA XL’s benefits offering, please visit US-Benefits-at-a-Glance_2023_US.pdf (myaxaxlbenefits.com).

AXA XL is an Equal Opportunity Employer.

Schedule: Full-time

Job Type: Standard