Senior Underwriter, Middle Market - Chicago

Company:  XL CATLIN
Location: Chicago
Closing Date: 20/10/2024
Salary: £150 - £200 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Job Description - Senior Underwriter, Middle Market - Chicago (23000038)

Job Number: 23000038

Location: Chicago, IL

As a newly established business division of AXA XL Americas, our Middle Markets business focuses on the expansion of AXA XL’s current offerings to Middle Market clients in the US Commercial P&C market. In this role, you will be responsible for establishing new broker and client relationships, marketing and underwriting our Middle Market products, and supporting the growth of this exciting new business.

Essential Responsibilities:

  1. Support the development and marketing of our new products.
  2. Underwrite both new and renewal business, assisting in achieving profitable premium and rate goals, working with actuarial and claims, and successfully delivering results consistent with the financial plan.
  3. Develop, maintain, and service broker relationships within the distribution model. Coordinate with brokers to determine their marketing and education needs supported by AXA XL Middle Market.
  4. Interact directly with insureds, brokers, and producers to service accounts and brokers.
  5. Work collaboratively in a team environment, assisting underwriters, underwriting assistants, and the management team.
  6. Ensure high-quality service standards and compliance with all internal audit guidelines.
  7. Act as a representative of the company and our agents by attending internal/external company functions, agent-sponsored, and industry events.
  8. Meet with brokers, set annual targets, issue monthly status reports, and monitor P&L against plan.
  9. Take initiative and proactively support broker and market interactions that support growth. Meet with customers and prospects to develop relationships, deliver Middle Market education, and support business targets.

Qualifications:

  1. Outstanding knowledge of the US insurance industry, combined with in-depth technical knowledge of PE insurance product offerings and effective broker relationships within the PE sector.
  2. Extensive Middle Market insurance experience (e.g., underwriting, claims, or insurance-related business development experience).
  3. Consistently pursue opportunities to differentiate AXA XL in the industry through our offerings and how we conduct business.
  4. Demonstrated ability to build and maintain robust insured and broker contacts.
  5. Excellent written and oral communication skills. Excellent customer service focus is a must.
  6. Collaborative team player who provides creative solutions and ideas for resolution.

Compensation: The 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: At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits.

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.

AXA XL is an Equal Opportunity Employer.

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