Head of Equipment Breakdown Technical & Product

Job Description

Where you’ll work

As Head of Equipment Breakdown and Technical Product, Americas, you will set the strategic direction and lead the profitable growth of AXA XL’s Equipment Breakdown portfolio across the region. Acting as the senior technical authority for the product, you will shape underwriting strategy, appetite, standards and product proposition; translate market, portfolio and risk insights into clear business actions; and ensure disciplined execution across underwriting teams. You will partner with brokers, clients and internal leaders to strengthen market relevance, technical excellence and sustainable performance.

The Property product line protects clients’ physical assets and operations from complex risks. Equipment Breakdown provides specialized coverage for mechanical, electrical and pressure-system failures that can damage equipment or disrupt business.

Property — Equipment Breakdown and Technical Product

What you’ll be doing

Your essential responsibilities will include:

• Define and execute the Americas Equipment Breakdown and technical product strategy, translating regional and Property priorities into annual plans, portfolio objectives and measurable outcomes.
• Own the product proposition, underwriting appetite, guidelines, authorities and governance framework, ensuring consistent application, regulatory compliance and appropriate escalation of complex or unusual risks.
• Direct portfolio performance and optimization using underwriting, pricing, claims, exposure and market insights to improve risk selection, rate adequacy, capacity deployment, diversification and long-term profitability.
• Serve as the Americas technical authority for Equipment Breakdown, providing decisive guidance on highly complex accounts, coverage, contract interpretation, pricing and emerging technical issues.
• Lead product development and enhancement by monitoring emerging risks, technology, regulation, competitor activity and client needs, and by converting those insights into differentiated solutions and underwriting practices.
• Build senior relationships with key brokers, clients and industry partners; represent AXA XL externally; and support strategic business development, distribution and retention opportunities.
• Partner with Property underwriting, Risk Consulting, Pricing, Actuarial, Claims, Legal, Compliance, Finance and Operations to deliver coordinated solutions and resolve issues with broad business impact.
• Lead, coach and develop a high-performing technical and underwriting community, strengthening succession, capability, knowledge sharing and accountability across the Americas.
• Oversee resources and budgets within the area of responsibility and make decisions that materially influence product-line results, service quality and the success of the wider Property business.

You will report to the Chief Underwriting Officer.

What you’ll bring

We’re looking for a recognized Property underwriting leader who combines deep Equipment Breakdown expertise with commercial judgment, strategic perspective and the ability to mobilize teams and stakeholders.

People Skills:

• Inspirational Vision and Strategy: Sets a compelling direction grounded in foresight, market understanding, data and client insight, and adjusts course as conditions evolve.
• Leading Teams: Creates accountability for ambitious outcomes, develops talent, deploys resources effectively and brings teams together across organizational boundaries.
• Influence and Communication: Communicates complex and sometimes challenging positions with clarity and conviction, and persuades senior internal and external stakeholders.
• Cross-Functional Collaboration: Builds trusted, cooperative relationships across teams, geographies and functions to achieve shared goals.

Business Skills:

• Strategic Business Development: Builds sustainable broker and client partnerships and evaluates opportunities for profitable growth and long-term value.
• Commercial and Financial Acumen: Connects underwriting decisions to revenue, profitability, capital, expense and broader business outcomes.
• Data-Driven Decision Making: Uses portfolio, pricing, claims and market insights to make sound decisions and challenge assumptions.
• Stakeholder Management: Balances the expectations of clients, brokers, regulators and internal partners while protecting business priorities.

Technical Skills:

• Equipment Breakdown and Property Product Knowledge: Expert knowledge of product mechanics, coverage, exposures, market practices and client value propositions.
• Underwriting Acumen and Risk Assessment: Expert ability to evaluate complex risks, apply appetite and authority, and determine appropriate pricing, terms and capacity.
• Portfolio Management: Strategically manages portfolio mix and performance to minimize volatility and maximize sustainable profitability.
• Contract Analysis and Policy Interpretation: Interprets complex wording, terms, conditions, restrictions and exclusions and aligns coverage with underwriting guidelines and client needs.
• Pricing and Risk Insight Application: Applies pricing, engineering, claims and risk-control insights to strengthen underwriting decisions and loss-prevention outcomes.
• Compliance and Governance: Establishes and maintains underwriting standards, controls and policies consistent with legal, regulatory and internal requirements.

Essential Position Information:

• Hybrid model – Currently our hybrid model consists of 3 days in office (one of those days must be a Monday or a Friday) the other two days can be worked remotely.
• Employment Type - Permanent
• Working hours – Full time

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 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 enterprising 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. pay range for this position is USD 157,000 - 292,000. 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 an enterprising 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 2026.