Bachelor's Degree (or equivalent); Master's preferred in business, economics, insurance, or international affairs.
Moderate to extensive experience in credit or political risk insurance.
Ability to work under technical direction on complex assignments.
Demonstrated technical knowledge reflective of career progression.
Advanced analytical, negotiation, and sales/marketing skills.
Excellent written and oral communication skills.
Strong interpersonal skills for building relationships with clients and brokers.
Collaborative team player with creative problem-solving abilities.
Responsibilities
Review submissions to ensure adherence to Political Risk & Credit risk appetite standards.
Negotiate bespoke policy wordings tailored to client needs.
Calculate appropriate risk premiums considering various factors for profitability.
Proactively advise and assist clients on insurance and risk management matters.
Manage relationships to increase transaction flow and cross-sell AXA XL products.
Ensure timely implementation of new and renewed accounts according to quality standards.
Support business planning and forecasting processes while monitoring financial exposure and premium income.
Maintain awareness of claims and provide input on their settlement.
Benefits
Enterprising retirement savings plan.
Health and wellness programs.
Wide range of learning opportunities for professional development.
Support for physical, mental, and financial health.
Full Job Description
As an Underwriter II, you will be responsible for delivering profitable underwriting service to your clients. Your key tasks include: underwriting business within the agreed business plan and individual authority; supporting the business planning and forecasting process; monitoring financial exposure within outlined limits; monitoring premium income to ensure it remains within set limits; maintaining awareness of all claims advised while supporting and providing input on settlement of claims; ensuring adequate reinsurance covers specific risks; building and maintaining relationships with brokers and clients; supporting the design and structure of risks.
What you'll be doing
What will your essential responsibilities include?
Reviewing submissions including applications, financial statements, credit memos, technical reports and legal due diligence reports to determine whether the transaction adheres to our Political Risk & Credit risk appetite standards with a strategic focus on medium to long term transactions.
Negotiating bespoke policy wordings.
Calculating appropriate risk premium by considering the political or credit risks of potential transactions, reinsurance cessions as well as the Underwriting and general administration costs while ensuring profitability.
Proactively advising, assisting, servicing and following up with clients on insurance and risk management matters to ensure satisfaction and fulfillment of their insurance requirements.
Effective relationship management to increase PRC transaction flow and to initiate opportunities for cross-selling other AXA XL products.
Controlling timely implementation of new and renewed accounts according to quality standards.
Supporting the business planning and forecasting process; monitoring financial exposure within outlined limits; monitoring premium income to ensure it remains within set limits.
Maintaining awareness of all claims advised while supporting and providing input on settlement of claims.
Working collaboratively in a team environment, assisting underwriters, underwriting assistants and management team.
You will report to a Senior or Executive Underwriter.
What you'll be doing
We're looking for someone who has these abilities and skills:
Bachelor's Degree (or equivalent) and Masters (preferred) in business, economics, insurance, international affairs or related field preferred
Moderate to Extensive experience in the credit or political risk insurance business.
Under technical direction, works within significant limits and authority on assignments of higher technical complexity and coordination.
Possesses demonstrated technical knowledge and skills, including product and industry, reflective of successful progression through various job family levels.
Advanced analytical, negotiation and sales/marketing skills.
Excellent written and oral communication skills.
Interpersonal Savvy - Demonstrated ability to build and maintain robust insured and broker contacts.
Ability to develop and understand business processes, strategy and planning.
Collaborative team player who provides creative solutions and ideas for resolution
The U.S. base salary range for this position is USD 87,400 - 170,000.
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 an enterprising 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.
