Job Description
Job Description - Assistant Underwriter, Cyber&Technology (78103208D20240920) Assistant Underwriter, Cyber&Technology Job Number: 78103208D20240920 DISCOVER your opportunity Assistant Underwriter - Cyber and Technology Chicago, IL | New York, NY | USA AXA XL provides cyber 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 leading market. 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 an established wholesale distribution channel only underwriting team in a rapidly growing and dynamic segment. The individual will be responsible for servicing a renewal book and producing new business through exceptional underwriting practices for the West Region. What will your essential responsibilities include? Same day or next day quote turnaround High level of responsiveness to client requests Build and enhance relationships with assigned brokers and clients to identify and establish new distribution relationships. Underwrite, manage and service a cyber and technology renewal book and produce new business in accordance with business 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. 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 Leadership team for Wholesale Cyber&Technology. We’re looking for someone who has these abilities and skills: Some underwriting or underwriting support experience, preferably within the Cyber and Technology insurance space. Exceptional organizational and time management skills with the ability to perform accurate mathematical calculations. Outstanding 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. The ability to travel a minimum of 10% of the time is anticipated. A Bachelor's degree is required. Continuing education or professional designations in insurance underwriting and information privacy including Registered Professional Liability Underwriter (RPLU), Certified Information Privacy Professional and Chartered Property Casualty Underwriter (CPCU) are preferred but not required. FIND your future AXA 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 don’t 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 − property, casualty, professional, financial lines and specialty. 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 $63,000 - $112,000. 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 a competitive retirement savings plan, health and wellness programs, and many other benefits. AXA XL is an Equal Opportunity Employer. Location Location: US-IL-Chicago Other Locations: US-NY-New York Work Locations: US IL Chicago 111 S. Wacker Drive Suite 400040th Floor Chicago 60606 Job Field Schedule Schedule: Full-time Job Type Job Type: Standard J-18808-Ljbffr