Executive Underwriter, Middle Market

Calgary, AB, Canada

Job Description


Executive Underwriter xe2x80x93 Middle MarketCalgary, AB I CanadaAs a newly established business division of AXA XL Americas, our Middle Market business focuses on the expansion of AXA XLxe2x80x99s current offerings to mid-sized clients in the Commercial P&C market across the Americas. The Canadian market represents a key growth area for Middle Market and this role will play a key role in building our overall capabilities and driving our go-to-market approach. AXA XL Insurance is seeking a highly skilled and experienced Executive Underwriter to join our team. This role requires in-depth knowledge and expertise in underwriting middle market complex risks, managing a portfolio, and developing strategic relationships with brokers and clients. The Executive Underwriter will play a critical role in shaping the underwriting strategy, ensuring profitability, and contributing to the company's growth objectives in order to support this exciting new business.DISCOVER your opportunityWhat will your essential responsibilities include?

  • Risk Assessment: Evaluate, underwrite, and price middle market business within appetite, ensuring compliance with company guidelines and industry standards. Drive profitable premium and rate goals, working with actuarial and claims and successfully delivering results consistent with financial plan.
  • Portfolio Management: Develop and manage a portfolio, focusing on achieving profitability and growth targets while maintaining an appropriate risk balance.
  • Market Analysis: Conduct thorough market research and analysis to identify trends, emerging risks, and opportunities, using these insights to inform underwriting decisions and strategies.
  • Relationship Management: Establish and maintain outstanding relationships with brokers, clients, and key stakeholders to facilitate business development, negotiate terms, and ensure client satisfaction. In addition, identifying and establishing new distribution relationships.
  • Policy Development: Collaborate with underwriting teams and Canada Product Line Leader Middle Market to develop and refine policy wordings, coverage terms, and pricing structures tailored to middle market risks. Maintain expertise with products, services, priorities and target markets to more effectively enable clients to uncover hidden risks.
  • Strategic Planning: Contribute to the development and execution of underwriting strategies, aligning with overall business objectives and market conditions.
  • Mentorship and Training: Provide expert guidance, mentorship, and training to junior underwriters, fostering a culture of excellence and continuous learning.
  • Compliance and Governance: Ensure all underwriting activities adhere to regulatory requirements, internal policies, and industry best practices.
  • Reporting and Documentation: Prepare detailed underwriting reports, portfolio reviews, and documentation to support decision-making and provide insights to senior leadership.
  • Innovation: Identify and implement innovative underwriting practices, tools, and technologies to enhance efficiency and competitive advantage.
You will report to the Chief Underwriting Officer, Middle Market, Canada.QualificationsSHARE your talentWexe2x80x99re looking for someone who has these abilities and skills:Required Skills and Abilities:
  • Bachelorxe2x80x99s degree in business, Finance, Risk Management, or a related field. Advanced degree or professional certifications (e.g., CIP, CRM) are highly desirable.
  • Extensive Middle Market insurance experience (e.g., underwriting, claims, or insurance- related business development experience).
  • Outstanding knowledge of the Canadian insurance industry, combined with in-depth technical knowledge of insurance product offerings. Effective broker relationships within the Canadian market.
  • 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.
  • Consistently pursue opportunities to differentiate AXA XL in the industry through our offerings and how we conduct business.
FIND your futureAXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we donxe2x80x99t just provide re/insurance, we reinvent it.How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business xe2x88x92 property, casualty, professional, financial lines and specialty.With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.Learn more atInclusion & DiversityAXA 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. Thatxe2x80x99s 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. Itxe2x80x99s about helping one another xe2x80x94 and our business xe2x80x94 to move forward and succeed.
  • 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
Learn more at . AXA XL is an Equal Opportunity Employer.SustainabilityAt 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 xe2x80x9cRoots of resilience,xe2x80x9d 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 xe2x80x93 are essential to our future. Wexe2x80x99re committed to protecting and restoring nature xe2x80x93 from mangrove forests to the bees in our backyard xe2x80x93 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. Wexe2x80x99re 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 XLxe2x80x99s xe2x80x9cHearts in Actionxe2x80x9d programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day xe2x80x93 the Global Day of Giving.
For more information, please see .

AXA

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Job Detail

  • Job Id
    JD2398402
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Calgary, AB, Canada
  • Education
    Not mentioned