Job Description
AXA XL offers property, casualty, financial lines and specialty insurance and reinsurance solutions for mid-sized companies through to large multinationals globally. We blend underwriting discipline, analytic excellence, and a robust market focus to create stellar partnerships with clients and brokers.
We help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clients’ potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters.
AXA XL’s Alternative Risk Solutions (ARS) team combines innovative insights with proven analytical expertise to deliver tailored, intelligent risk solutions. With robust underwriting, advanced risk engineering, and global claims capabilities, we empower forward-thinking businesses to thrive. Leading organizations choose AXA XL for our responsive, experienced underwriters and proven success.
At AXA XL, we can help businesses that want to manage some of their own risks. In collaboration with our Product Line teams, we can handle the largest, most complex placements, and issue local policies wherever they are needed.
The Senior Underwriter – Single Parent Captives role will be a key member of a high impact growth area, pursuing the growth of AXA XL’s captive business in the North America region, and providing deal-specific alternative risk expertise to internal/external stakeholders.
What you’ll be doing
What will your essential responsibilities include?
- Collaborate with Distribution and Product Line Underwriting teams to identify and pursue new Captive Fronting opportunities through client and broker marketing, pipeline development, stewardship meetings, industry events, and strategic initiatives.
- Work closely with Product Line Underwriters and key internal stakeholders (e.g., Actuarial, Middle Office, Claims, Credit, Legal) to underwrite, structure, and service Captive Fronting placements at a high standard, including negotiating reinsurance commissions, terms, and collateral requirements.
- Serve as the technical expert on Captive solutions for new business and renewal transactions, leading elements such as deal structuring, negotiations, and post-binding activities.
- Partner with the broader account team to develop compelling deal proposals, participate in or lead pitch presentations, and coordinate across multiple coverage lines to deliver a ONE AXA XL solution.
- Ensure all Captive Fronting placements adhere to AXA XL’s Rules, Guidelines, relevant regulations, and compliance standards. Contribute to maintaining accurate portfolio reporting alongside other team members.
- Cultivate and maintain relationships within the Captive ecosystem, including Brokers, Captive Managers, Consultants, TPAs, and other vendors.
- Contribute to internal and external educational efforts related to Captive Fronting, alternative risk transfer, and other relevant AXA XL capabilities to generate new business, foster collaboration, and support cross-sell objectives.
You will report to the Regional Director, Single-Parent Captives, Americas, and be part of the wider Alternative Risk Solutions unit.
What you will BRING
We’re looking for someone who has these abilities and skills:
Required Skills and Abilities:
- Moderate experience in negotiating, structuring, and executing large, complex Fronting and Multinational programs.
- Deep understanding of Captives, fronting concepts, underwriting processes, and industry governance and compliance standards.
- Broad knowledge of various insurance product lines, with the ability to articulate clear value propositions to internal and external stakeholders to grow a profitable book of business.
- Proven ability to positively influence key stakeholders, including C-suite executives, across various functions and regions.
- University degree or professional insurance qualification in Actuarial, Insurance, Underwriting, Finance, or Legal fields.
Desired Skills and Abilities:
- Direct experience in commercial underwriting of large commercial insurance programs, with a demonstrated ability to learn quickly.
- Excellent communication skills, both written and verbal, with the ability to clearly convey strategies, market insights, and complex ideas.
- Ability to work self-directed while being a collaborative team player, supporting the delivery of our value proposition and fostering effective cross-functional relationships.
- Outstanding organizational, time-management, and multi-tasking skills to manage multiple priorities efficiently.
- Willingness to travel (25-30% of time)
Who WE are
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.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
Learn more at axaxl.com
What we OFFER
Inclusion
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 enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It’s about helping one another — and our business — 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 Inclusion & Diversity at AXA XL | AXA XL. AXA XL is an Equal Opportunity Employer.
Total Rewards
AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.
We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.
Sustainability
At 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 “Roots of resilience”, 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 – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – 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. We’re 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 XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.
For more information, please see Sustainability at AXA XL.
The U.S. base salary range for this position is USD 107,000 – 209,000.
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. We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers. For more details about AXA XL’s benefits offerings, please visit US Benefits at a Glance 2026.