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AXA XL · 3 days ago

Head of Commercial Bond

Boston, MA

Full-time

Onsite

Director/Executive

$225K/yr - $275K/yr

AXA XL is a global provider of property, casualty, financial lines, and specialty insurance and reinsurance solutions. As the Head of Commercial Bond for the Americas, you will lead the Commercial Bond unit, overseeing underwriting activities, driving strategic initiatives, and managing performance while fostering a culture of excellence.

ConsultingCustomer ServiceFinanceInsurance

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

Define and execute the strategic underwriting direction for the Commercial Bond unit within Political Risk, Credit and Commercial Bond, Americas. Develop and execute a business development strategy that returns profitable growth in the segment, including portfolio diversification and new product applications

Contribute to the Head of PRCB Americas’ budgeting, profitability targets, pricing strategy, and portfolio

Manage renewals of the existing policies and origination and underwriting of new business

Coordinate and facilitate the Commercial Bond business across regions, ensuring consistency and alignment with the PRCB strategy

Plans, develops and integrates regional sales plans to achieve top and bottom-line objectives. Translates strategic business plans into organizational direction

Ensure consistency in underwriting, risk appetite and sales strategies across Commercial Bond regions

Reviews complex and escalated business to make underwriting recommendations in line with Commercial Bond’s organizational, business and strategic objectives

Responsible for developing, enhancing and managing Broker and Client relationships on a national level

Lead growth initiatives and geographic expansion plans, including new broker partnerships and cross-sell opportunities

Develop and manage a robust broker distribution strategy to drive market share in current and new regions

Provides recommendations to leadership regarding underwriting strategy and opportunity, including identifying operational opportunities and efficiency

Manage and mentor high-performing Commercial Bond regional underwriting teams across North America; implement succession planning and development plans

Foster a culture of learning, cross-functional collaboration, and accountability

Maintain effective relationships with brokers, clients, and cross-functional leaders (Product, Pricing, Operations)

Cross-share relevant industry (energy, data centers, etc) underwriting information across the PRCB product teams

Represent the organization at industry events and internal/external forums to advance the Commercial Bond business

Streamline processes, leverage data and technology (e.g., workflow tooling, analytics dashboards) to improve efficiency and decision quality

Lead and manage change initiatives (growth, product development, process improvements) with a focus on adoption and business impact

Qualification

Underwriting surety productsLeadership capabilitiesAnalytical skillsSales/marketing skillsBroker relationship managementBusiness development strategyNegotiation skillsInnovationCommunication skillsInterpersonal skillsTeam collaborationFlexibility

Required

Bachelor's Degree (or equivalent)

Extensive years of experience working in underwriting surety and commercial bonds products

Proven experience in managing a market leading team

Possesses demonstrated technical knowledge and skills, including product and industry, reflective of successful progression through various job family levels

Leadership: ability to lead and motivate. Results-oriented with a focus on achieving performance targets

Advanced analytical, negotiation and sales/marketing skills

Excellent written and oral communication skills

Interpersonal Savvy - Demonstrated ability to build and maintain robust insured and broker contacts

Ability to develop and understand business processes, strategy and planning

Ability to respond to a changing environment with flexibility and innovation

Collaborative team player who provides creative solutions and ideas for resolution

Benefits

Competitive retirement savings plan

Health and wellness programs

Wide range of learning opportunities

Company

AXA XL

Glassdoor4.0

We are a leading provider of insurance and reinsurance offering innovative risk management solutions for businesses worldwide.

Hamilton, Hamilton, BMU

10001+ employees

https://axaxl.com

H1B Sponsorship

AXA XL has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2022 (8)