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Underwriter II, Large Accounts; Cyber
1 month ago
Underwriter II, Large Accounts
Los Angeles, CA | San Francisco, CA I USA
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 AXA XL has earned 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 an Underwriter to join our Cyber – Large Accounts underwriting team, our preeminent portfolio, which continues to be a rapidly growing and dynamic segment. The individual will be responsible for servicing a renewal book and producing new business through exceptional underwriting practices throughout North America.
DISCOVERyour opportunity
What will your essential responsibilities include?
- Underwriter II will be responsible for building and executing a business plan to expand the existing Large Accounts portfolio, aligning within the overall Cyber business strategy.
- Assist in achieving profitable premium and rate goals, working with actuarial and claims and successfully delivering results consistent with financial plan.
- Collaborate 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.
- Exercise discretion and independent judgment in the analysis and evaluation of risk.
- Participate in roundtable discussions on risk assessment.
- Negotiate with producers within the limits of delegated authority and in accordance with established underwriting standards to achieve profit objectives.
- Build and enhance relationships with assigned brokers and clients to identify and establish new distribution relationships.
- Maintain expertise with the products, services, priorities and target markets to more effectively enable clients to uncover hidden cyber risks.
- Promote 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.
- Maintain compliance with all internal and external underwriting guidelines and legal requirements.
You will report to the Head of Large Accounts Standard.
