Associate Underwriter, Group Captives

USA

Join us at AXA XL's Global Risk management group for an exciting and newly created opportunity in our Group Captives business unit. As an Underwriter, you will be a key member of our group captive team. This role is for someone with experience in all aspects of group captives. You will be an individual contributor in a new a growing area of Primary Casualty. Your key responsibilities will involve underwriting business in line with the business plan; assisting the planning and forecasting process; monitoring aggregate exposure within agreed limits; ensuring all risks written are within the agreed maximum; maintaining awareness of all claims advised; supporting and providing input on settlement of claims advised; building and maintaining relationships with brokers and clients; supporting the design and structure of risks.

In Global Risk Management in North America, one of our goals is to establish and provide the best-in-class Group Captive Programs in the marketplace. While we have already begun to make headway in this strategic

space, Global Risk Management plans to elevate our profile and to achieve this by writing qualified programs through a collaborative team of competent individuals with great underwriting expertise. Our focus is on the customer,

profitability and long-term viability.

Our Group Captive unit is significantly growing our portfolio of business. We seek a highly seasoned underwriting professional to help our team refine and execute the Group Captives business strategy to achieve all established production, loss ratio, rate, account retention and ROE goals.

What you'll be doing:

• Underwrite, manage and service a renewal book, and produce new business in accordance with business unit goals. Develop and manage underwriting strategies for both renewals and targets within your portfolio of accounts, including knowledge of the current penetration by product, cross-marketing penetration, and specific plans to increase company share.

• Develop, underwrite, manage and service a portfolio of Group Captive programs.

• Responsible for building the AXA XL reputation in North America within the Group Captive industry

• Exercise discretion and independent judgement in the analysis and evaluation of risk.

• Participate in roundtable discussions on risk assessment and provide mentorship and leadership to peers.

• Negotiate with captive intermediaries and producers within the limits of delegated authority and in accordance with established underwriting standards to achieve profit objectives.

• Build and enhance relationships with captive intermediaries, producers and clients and identify and establish new distribution relationships.

• 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 risk.

• Maintain compliance with all internal and external underwriting guidelines and legal requirements.

• Support the business planning and forecasting process; monitor financial exposure within outlined limits; monitor premium income to ensure it remains within set limits.

• Maintain awareness of all claims advised while supporting and providing input on settlement of claims.

• Identify and drive development of new product opportunities. Effectively cross-market with other AXA XL lines; meet with captive intermediaries, producers and insureds as required. Cultivate key intermediary relationships within the market and maintain a steady stream of business within our underwriting appetite.

• Under broad management direction, work at the highest authority limits on assignments reflecting the expert degree of technical complexity and coordination.

• Attend mandatory Group Captive board meetings as planned (two per year per captive)

• You will report to the Underwriting Manager/Head of Group Captives

What you will bring:

We're looking for someone who has these abilities and skills:

• Bachelor's degree (or equivalent).

• Possess a high and extensive degree of technical knowledge and skills including product and industry.

• Able to apply business understanding and/or management experience to set direction within the segment or function.

• Possess strong analytical and problem-solving skills, as well as strong sales and marketing abilities.

• Advanced organizational, time-management and multi-tasking skills, combined with a strong work ethic.

• Ability to develop and understand business processes, strategy, and planning.

• Knowledge of functionality of systems.

• Ability to work independently.

• Ability to respond to a changing environment with flexibility and innovation.

• Advanced customer service and negotiation skills, and a proven track record in developing strong business relationships with brokers and insureds.

• Ability to lead in accordance with AXA XL Core Values and Culture.

The U.S. base salary range for this position is USD $67,400 - $112,400.

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 2026.