The Senior Underwriter - Single Parent Captives role will be a key member of a high impact growth area, pursuing the growth of AXA XL's captive business in the North America region, and providing deal-specific alternative risk expertise to internal/external stakeholders.

What you'll be doing

What will your essential responsibilities include?

• Collaborate with Distribution and Product Line Underwriting teams to identify and pursue new Captive Fronting opportunities through client and broker marketing, pipeline development, stewardship meetings, industry events, and strategic initiatives.
• Work closely with Product Line Underwriters and key internal stakeholders (e.g., Actuarial, Middle Office, Claims, Credit, Legal) to underwrite, structure, and service Captive Fronting placements at a high standard, including negotiating reinsurance commissions, terms, and collateral requirements.
• Serve as the technical expert on Captive solutions for new business and renewal transactions, leading elements such as deal structuring, negotiations, and post-binding activities.
• Partner with the broader account team to develop compelling deal proposals, participate in or lead pitch presentations, and coordinate across multiple coverage lines to deliver a ONE AXA XL solution.
• Ensure all Captive Fronting placements adhere to AXA XL's Rules, Guidelines, relevant regulations, and compliance standards. Contribute to maintaining accurate portfolio reporting alongside other team members.
• Cultivate and maintain relationships within the Captive ecosystem, including Brokers, Captive Managers, Consultants, TPAs, and other vendors.
• Contribute to internal and external educational efforts related to Captive Fronting, alternative risk transfer, and other relevant AXA XL capabilities to generate new business, foster collaboration, and support cross-sell objectives.

You will report to the Regional Director, Single-Parent Captives, Americas, and be part of the wider Alternative Risk Solutions unit.

What you will BRING

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

Required Skills and Abilities:

• Moderate experience in negotiating, structuring, and executing large, complex Fronting and Multinational programs.
• Deep understanding of Captives, fronting concepts, underwriting processes, and industry governance and compliance standards.
• Broad knowledge of various insurance product lines, with the ability to articulate clear value propositions to internal and external stakeholders to grow a profitable book of business.
• Proven ability to positively influence key stakeholders, including C-suite executives, across various functions and regions.
• University degree or professional insurance qualification in Actuarial, Insurance, Underwriting, Finance, or Legal fields.

Desired Skills and Abilities:

• Direct experience in commercial underwriting of large commercial insurance programs, with a demonstrated ability to learn quickly.
• Excellent communication skills, both written and verbal, with the ability to clearly convey strategies, market insights, and complex ideas.
• Ability to work self-directed while being a collaborative team player, supporting the delivery of our value proposition and fostering effective cross-functional relationships.
• Outstanding organizational, time-management, and multi-tasking skills to manage multiple priorities efficiently.
• Willingness to travel (25-30% of time)

The U.S. base salary range for this position is USD 107,000 - 209,000.

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 2026.