Job descriptionResponsibilities
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.
Support the Structured Risk Solutions underwriting process across all stages to ensure seamless deal execution and underwriting compliance.
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 independently 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).
Compensation and Benefits Canada base salary range:
CAD 121,700 to 171,700
(actual pay determined by skill, experience, and location).
Competitive retirement savings plan.
Health and wellness programs.
Learning and development opportunities.
AXA XL is an Equal Opportunity Employer.
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