Senior Underwriter, Large Accounts- Cyber

Company: XL CATLIN

Location: Dallas

Closing Date: 02/11/2024

Salary: £100 - £125 Per Annum

Hours: Full Time

Type: Permanent

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Job Requirements / Description

Job Description

Job Number:

Senior Underwriter, Large Accounts - Cyber (Job Number: 24CYAM08D20230620)

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AXA XL provides cyber insurance and technology professional liability on an open brokerage basis to start-up firms all the way up to the Fortune 500. This class has been identified by AXA XL as an exciting growth area with excellent prospects for the successful underwriter to grow their profile and advance their career.

As digital threats grow more sophisticated, malicious, and hard to detect, our focus on innovation in providing tailored solutions to complex risks has earned AXA XL the reputation as a market leader. An increased dependence on technology brings increased vulnerabilities. Data breaches threaten the security of financial, customer, employee, and other proprietary data, and, at any time, a cyber-attack can disrupt a company’s operations.

We have an exciting opportunity for a Senior Underwriter, Large Accounts to join our underwriting team, one of our rapidly growing and dynamic segments within the Cyber underwriting unit. The individual will be responsible for servicing a renewal book, producing new business, and building new distribution channels through exceptional underwriting practices throughout North America.

What will your essential responsibilities include?

Building and executing a business plan to expand on the Cyber Central region’s existing middle markets portfolio, aligning within the overall Cyber business growth strategy.
Assisting in and leading others in achieving profitable premium and rate goals, working with actuarial and claims and successfully delivering results consistent with the financial plan.
Collaborating across business units and functions to leverage existing resources to underwrite, manage and service a cyber and technology renewal book and produce new business in accordance with the Cyber underwriting unit goals.
Exercising discretion and independent judgment in the analysis and evaluation of risk.
Participating in roundtable discussions on risk assessment.
Negotiating with producers within the limits of delegated authority and in accordance with established underwriting standards to achieve profit objectives.
Building and enhancing relationships with assigned brokers and clients to identify and establish new distribution relationships.
Maintaining expertise with the products, services, priorities, and target markets to more effectively enable clients to uncover hidden cyber risks.
Promoting 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 evolving cyber risk.
Maintaining compliance with all internal and external underwriting guidelines and legal requirements.

You will report to the Underwriting Manager.

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

Required Skills and Abilities:

A bachelor’s degree or equivalent experience.
A moderate to extensive amount of experience within Cyber and Technology underwriting or underwriting experience in another area of expertise with a robust conceptual comprehension of data security, privacy, cyber, and information risk.
The ability to travel a minimum of 15% of the time is anticipated.

Desired Skills and Abilities:

Exceptional organizational and time management skills with the ability to perform accurate mathematical calculations.
Excellent collaborative skills in a fast-paced team-centric environment.
Outstanding interpersonal, presentation, written, and verbal communication skills.
The ability to demonstrate critical thinking, decision making, and problem-solving skills.

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.

At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance, and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential.

The U.S. 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. We strive for market alignment and internal equity with our colleagues’ pay.

AXA XL is an Equal Opportunity Employer.