Executive Underwriter, Energy Transition

AXA Group; New York (NY); On-site; USD 106,000 - 187,000; Full time

Job summary

An established industry player is seeking a Senior Underwriter specializing in Property and Energy Transition. This role involves underwriting and managing a diverse portfolio, engaging in risk assessment discussions, and building strong relationships with clients and brokers. The ideal candidate will have extensive underwriting experience, exceptional organizational skills, and a passion for driving profitable growth. Join a forward-thinking company that values innovation and sustainability, and play a key role in shaping the future of energy insurance while enjoying a competitive salary and comprehensive benefits.

Benefits

Competitive Retirement Savings Plan

Health and Wellness Programs

Learning Opportunities

Flexible Working Arrangements

Enhanced Family Friendly Leave Benefits

Qualifications

• Extensive experience in Property Energy Underwriting with strong knowledge of energy sectors.
• Exceptional organizational skills with ability to manage multiple tasks effectively.

Responsibilities

• Underwrite and manage Property Energy Risk renewals and new business.
• Negotiate with producers to achieve profit objectives and maintain compliance.

Skills

Property Energy Underwriting

Business Development

Risk Analysis

Interpersonal Communication

Critical Thinking

Education

Bachelor's Degree

Professional Designations in Insurance Underwriting

Job description

Senior Underwriter - Property and Energy Transition

USA

At AXA XL, we are focused on profitably growing our energy and energy transition portfolio, including oil & gas, power generation, renewable and low-carbon energy, and energy-related industries. We offer our clients global underwriting capability with local energy representation in 11 countries. Our underwriters are supported by expert risk consultants, giving a deep understanding of the risks we mitigate. Our teams take part in regular energy best-practice groups, ensuring they have access to the latest thinking on optimizing assets.

The challenges created by the global energy transition call for new thinking. Whether our clients are an energy provider, in an industry involved in supporting the transition, or transitioning their business towards net zero, our innovative insurance products and solutions go beyond protection, embracing prevention. Our global insights from the energy sector and beyond give our clients better clarity about risk, at every stage of their assets’ lifecycles, wherever they are in the world.

DISCOVER your opportunity

What will your essential responsibilities include?

• Underwrite, manage and service a Property Energy Risk 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
• Build and enhance relationships with assigned brokers and clients to identify and establish new distribution relationships.
• Maintain expertise with the products, services, priorities and target markets to more effectively enable clients to uncover hidden energy 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 energy insurance underwriting.
• Maintain compliance with all internal and external underwriting guidelines and legal requirements.

• Be dedicated to learning 1-2 new energy technologies and share this information with your peers globally

You will report to the Head of Energy Property, Americas.

SHARE your talent

We’re looking for someone who has these abilities and skills:

Required Skills and Abilities:

• Extensive Property Energy Underwriting experience or a related area of expertise (energy or property underwriting) with a robust conceptual comprehension of oil & gas, power generation, renewable and low-carbon energy, and energy-related industries.
• Exceptional organizational and time management skills with the ability to perform accurate mathematical calculations.
• Outstanding collaborative skills in a fast-paced team-centric environment.
• Business development skills evidencing a successful track record driving profitable growth.
• 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 15% of the time is anticipated.
• A bachelor’s degree is required.
• Continuing education or professional designations in insurance underwriting and information privacy

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.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more at axaxl.com

Inclusion & Diversity

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. 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 axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.

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. pay range for this position is USD 106,500 – 186.500. 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. Wealsobelieve 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 aboutAXA XL’s benefits offerings, please visit US Benefits at a Glance 2025.