Senior Underwriter, Political Risk & Credit

As a Senior Underwriter, Political Risk and Credit, you'll deliver profitable underwriting services to global clients and prospects on behalf of the Americas region. You will apply deep risk insight to structure and price coverage, manage exposures, and build outstanding client and broker relationships. Your contributions will help expand our political risk and credit insurance capabilities across the portfolio.

What will your essential responsibilities include?

• Underwrite a pipeline of new transactions and service a portfolio of existing transactions and develop new business aligned to business unit goals; design and manage underwriting strategies for political risk and credit lines within your portfolio.
• Represent AXA XL in client meetings with senior executives and brokers, delivering clear, credible risk insights.
• Assess and price risk across the full spectrum of credit and political risk transactions, with a particular focus on project and structured credit, development and impact finance and multicounty political risk insurance programs; in all cases determine appropriate premiums and coverage within delegated authority.
• Participating in internal transaction triage and assessment discussions on individual risks contributes to the refinement of underwriting standards and policy wordings.
• Negotiate with brokers and clients within authority, balancing profitability with client needs.
• Build and nurture brokers and client relationships; identify and establish new distribution channels.
• Maintain up-to-date expertise on products, markets, sanctions, export controls, and regulatory requirements to better identify hidden risks for clients.
• Promote AXA XL expertise by participating in industry events and leading client/broker discussions on risk.
• Ensure compliance with all internal and external underwriting guidelines, legal requirements, and policy terms.
• Support business planning and forecasting; monitor exposures and premium income against limits.
• Monitor advised claims and providE input on settlement strategy as appropriate.
• Identify opportunities for new product development and cross-market collaboration with other AXA XL lines; align with regional and global strategic priorities.
• Collaborate effectively in a team environment, supporting underwriter colleagues, underwriting assistants, and management.

You will report to the Head of Political Risk and Credit

What you will BRING

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

• Extensive underwriting experience in political and/or credit risk for large commercial banks, development finance institutions and multinational corporates.
• Deep understanding of credit and political risk insurance policy wordings and ability to negotiate key policy terms and conditions with brokers and clients.
• Bachelor's degree (or equivalent).
• Demonstrated technical knowledge in political risk insurance, credit insurance, and related products, robust understanding of international markets and macro risk drivers.
• Proven ability to represent AXA XL with gravitas, professionalism, and sound judgment.
• Robust analytical and problem-solving skills, paired with outstanding sales, negotiation, and relationship-management capabilities.
• Excellent organizational, time-management, and multi-tasking abilities; self-directed and adaptable to a dynamic environment.
• Ability to understand and influence business processes, strategy, and planning; willingness to collaborate across teams.
• Robust communication skills, with the ability to present complex risk concepts clearly to senior client and broker audiences.
• Knowledge of sanctions regimes, export controls, AML considerations, and regulatory compliance.
• Proficiency in common risk analytics tools and MS Office; familiarity with underwriting systems and data-driven decision making.
• Willingness to travel as needed.

What we OFFER

Inclusion

• 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

Total Rewards

AXA XL's Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We're committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called "Roots of resilience", focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars:

• Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society - are essential to our future. We're committed to protecting and restoring nature - from mangrove forests to the bees in our backyard - by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.

• Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.

• Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We're training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
• AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL's "Hearts in Action" programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day - the Global Day of Giving.

For more information, please see Sustainability at AXA XL.

The U.S. base salary range for this position is USD $107,600-$209,100.

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.