Company Profile
Company Overview
As a global provider of insurance and reinsurance products & services, XL Group companies specialize in commercial risks. Our customers are some of the world's largest industrial, commercial, and professional service firms, insurance companies, and financial institutions. They trust us for our superior financial security, risk expertise, and service excellence.
We believe that developing the right corporate culture and values are essential to serving the best interests of our employees, our clients and our shareholders. The XL Culture has characteristics that not only differentiate us from our competitors but are central to any understanding of who we are. This solid cultural foundation, supported by a currency of trust, is shaped by our core values of Ethics, Teamwork, Excellence, Development, and Respect.
Ethics - We insist on the highest standards of personal and professional conduct to secure the absolute trust and confidence of our clients, our shareholders and our colleagues.
Teamwork - We achieve a greater contribution when we work together. We will recognize and reward teamwork.
Excellence - We require continuous improvement in the quality of all that we do. We will reward those who continually seek to improve the quality of their work.
Development - Ensuring that all of our staff realizes their full potential is the only way for us to reach our business objectives. We expect everyone to take the initiative for their own professional development and assist in the development of colleagues and subordinates
Respect - We value and respect the differences and diversity within our organization. Lack of personal and professional respect in dealing with our colleagues will not be tolerated
Grow With Us
XL Group's success hinges on a corporate culture that is built for transformation - one that is opportunistic, smart, and agile. As a non-hierarchical corporation, lateral movement between our companies and the locations we operate in is common amongst our approximately 3,600 employees. The training and development of our staff is very important, and talent and initiative is continually sought and rewarded at XL Group.
Learning and Development Opportunities
XL Group encourages a culture of continuous development. Support for professional designations, management and professional skills development, tuition reimbursement programs, and informal learning between colleagues are some of the ways XL supports the professional growth of its people. We know that providing our employees with development opportunities keeps them excited about learning, makes them stronger, more confident performers, and helps them to reach their full potential.
Performance Management
Our Performance Management Process is designed to promote dialogues between managers and their employees. These conversations present opportunities for goal sharing, individual feedback, and performance coaching. Managers serve as coaches to help employees gain the skills and developmental assignments needed to take the next career step.
XL is an equal opportunity employer.
Company History
XL Group plc (XL) was founded in 1986 as EXEL Limited by 68 of the world's largest global corporations in response to a severe shortage of liability insurance in the United States. XL's insurance company, X.L. Insurance Company Limited, now known as XL Insurance (Bermuda) Ltd, provided excess liability insurance coverage for large commercial customers, drawn principally from Fortune 1000/FTSE 100 companies.
Over the past decade, XL has expanded through a series of strategic mergers, acquisitions and start ups establishing itself as a leading provider of insurance and reinsurance products throughout the world.
Benefits
We provide comprehensive benefits designed to be competitive in our local markets and to provide our employees with adequate protection and resources needed to plan for the future.