Placement Lead

New York, United States

Job Description:

Placement Lead

Hartford, NYC, Stamford or Philadelphia

The Ceded Reinsurance Placement Team is responsible for the purchase and the management of the global reinsurance programs at AXA XL, working closely with AXA XL’s underwriting teams, legal entities, Regional and Global Leadership Teams, and Risk Management colleagues to understand AXA XL’s risk appetite limits and how to meet them.

The Ceded Reinsurance placement team works across all business lines. The portfolio is all Treaty business with an equal split between Quota Share and Excess of Loss

What you’ll be DOING

What will your essential responsibilities include?

Support the placement process for key reinsurance placements (submission preparation, contract review, contract negotiation, handover to Ceded Re operations etc.).
Participate in negotiations to secure competitive terms, structure and pricing.
Help ensure contracts reflect negotiated terms, comprehensive coverage and market leading terms and conditions.
Help ensure negotiations conclude successfully on or before treaty inception.
Contribute relationships inside and outside the enterprise to understand and foster their business objectives.
Help ensure that all related parties understand the programs, from operational through to underwriting.
Serve as a key member of the Ceded Reinsurance Placement Team.
Liaise & collaborate on an on-going basis with other Ceded Re teams (placement, operations) and AXA XL/AXA Group stakeholders to encourage innovation and continuous improvement for the placements process and approach.
Participate in strategic projects as they arise, take on lead and back-up roles as deemed appropriate.
Stay up to date on coverage and legal trends to help ensure contracts protect the company from adverse or unexpected loss.

What you will BRING

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

Required Skills and Abilities:

First Reinsurance experience is essential for this role and previous experience of Ceded Reinsurance is highly beneficial.
Understanding of Reinsurance contract wordings including formation and interpretation.
Able to contribute to data and analytical skills for the ability to manage large submission data sets.
Appreciate capital modelling and actuarial analysis in the purchase of reinsurance is beneficial.
Effective Communication: Excellent verbal and written communication, collaboration and presentation skills. Ability to negotiate reinsurance business externally.
Able to work across a global team; showing collaboration with peers and other team members.
Mental Agility: Innovative thinker, willing to turn ideas on their head. Capable of handling complex situations.
Knowledge of Specialty, Property and Casualty Insurance and Reinsurance.
Technical orientation.
Ability to work to tight placement process deadlines to ensure placement is completed in a timely fashion.
Some travel required including domestic and international.

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 $92,600 to $145,500 USD.

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 2025.

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