AXA XL · 22 hours ago
Underwriting Manager, Captives
New York, United States
Full-time
Onsite
Senior Level
$155K/yr - $233K/yrAXA XL is a global leader in property, casualty, financial lines, and specialty insurance and reinsurance solutions. The Underwriting Manager, Captives will lead a team focused on growing AXA XL's captive business in North America, overseeing strategic direction, profitability, and market expansion.
ConsultingCustomer ServiceFinanceInsurance
Responsibilities
Define and execute the strategic direction for the single parent Captives unit within Alternative Risk Solutions
Own budgeting, profitability targets, pricing strategy, and portfolio quality
Manage renewals of the existing policies and origination and underwriting of new business
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
Collaborate closely with AXA XL’s Business Units (e.g., Property, Casualty) to deliver holistic solutions to clients involving their captive in their risk financing strategies
Establish and maintain underwriting guidelines, risk appetite, and referral processes to ensure consistent quality and regulatory compliance
Partner with analytics to monitor portfolio risk, loss experience, and performance trends; adjust strategies as needed
Manage and mentor a high-performing underwriting team; implement succession planning and development plans
Foster a culture of learning, cross-functional collaboration, and accountability
Maintain robust relationships with brokers, clients, and cross-functional leaders (Product, Pricing, Ops)
Represent the organization at industry events and internal/external forums to advance the Marine business
Qualification
Required
Bachelor's Degree (or equivalent)
Proven extensive experience in originating and structuring captive solutions and 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
Knowledge of a wide range of insurance lines as current captive programs include General Liability, Employer's Liability, Workers Compensation, Property Damage and Business Interruption, Energy, Marine Cargo, Professional Indemnity, Construction, Fine Art & Specie and Environmental
Network of leading ARS brokers in the Americas region and among risk managers of Fortune 500 companies
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
Robust support for Flexible Working Arrangements
Enhanced family-friendly leave benefits
Competitive compensation and personalized, inclusive benefits
Health and wellness programs
Competitive retirement savings plan
Wide range of learning opportunities
Company
AXA XL
We are a leading provider of insurance and reinsurance offering innovative risk management solutions for businesses worldwide.
10001+ employees
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)
Funding
Current Stage
Late StageLeadership Team
Joseph Tocco
Chief Executive Officer, Americas
Rose Hall, PE
Co-Founder, AXA XL Ecosystem
Recent News
CEE Legal Matters
2025-07-11
Company data provided by crunchbase