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AXA

Global insurer offering life, property, casualty

Underwriting Manager - Commercial Bond, Large Commercial Specialty

UnderwritingConfirmed live in the last 24 hours
Full-time$132.2k - $257.1kIn-person

About the Job

Requirements

  • Extensive experience in commercial or contract surety or related underwriting experience is preferred.
  • Advanced knowledge of contract and/or commercial surety operations, products, procedures, and practices is required.
  • Expertise in bond lines of business, ratings, customer environments, and markets is required.
  • Extensive knowledge of bond underwriting best practices, field underwriting operations, and day-to-day underwriting operational needs is required.
  • Actively pursuing an AFSB, CPCU, or other insurance- or finance-related certification is desired.
  • Significant business management and people leadership experience is desired.
  • Excellent verbal and written communication skills are needed to disseminate senior leadership's vision and motivate a large agency force.
  • Ability to set work priorities and initiate, evaluate, and recommend solutions to upper management is needed.
  • Demonstrated decision-making ability is required in day-to-day operations and when recommending solutions to customers.
  • Ability to perform duties with independent judgment, underwriting authority, and adherence to company underwriting standards is required.

Responsibilities

  • Lead an underwriting team that owns the sales and underwriting relationship for commercial bond books of business.
  • Manage the territory broadly, including relationships, underwriting, and expenses.
  • Develop and maintain business relationships with agencies and/or brokers to drive sales growth and distribution expansion.
  • Independently underwrite accounts based on the authority level granted to the role and underwriting appetite.
  • Monitor market conditions and confirm information gathered within the market space.
  • Analyze portfolio and individual account performance and develop appropriate actions to drive profitable growth.
  • Review and approve staff underwriting decisions and ensure compliance with legal requirements and organizational, business, and strategic objectives.
  • Work with members of the PRCB team, Specialty, and P&C to develop and pursue cross-selling opportunities.
  • Determine department priorities and workflow standards.
  • Plan, develop, and integrate territory sales plans to achieve top- and bottom-line objectives.
  • Communicate strategic direction and operational plans to external partners.
  • Communicate policies, procedures, and financial budgets that support attainment of business objectives.
  • Develop and maintain business relationships with key groups and individuals in the commercial lines market.
  • Develop customer service standards for the commercial bond team and drive service performance to those standards.
  • Partner with fellow leaders to manage employee training and ensure a high degree of competency and professionalism.
  • Set operational expectations, goals, and strategies.

Desired Qualifications

  • An undergraduate degree in business, insurance, or a related field is preferred.

About the Company

AXA

Global insurer offering life, property, casualty

AXA is a global insurer and asset manager that provides life, health, and property and casualty insurance, as well as related financial services. Its products work by customers paying insurance premiums in exchange for coverage against risks; AXA pools risk across many policyholders, prices premiums based on risk, and pays claims when events occur, while also offering investment and retirement products through its asset management arm. The company has grown through large acquisitions, giving it a wide geographic footprint and a diverse mix of personal, commercial, and specialty insurance offerings. This scale and breadth set AXA apart from many competitors, alongside a long history of strategic mergers that expanded its reach to customers around the world. AXA’s goal is to be a leading global insurer and asset manager, delivering financial protection and long-term value to customers and stakeholders.

Company size
10,001+
Company stage
IPO
Headquarters
Paris, France
Founded
1816

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