One of the largest financial protection companies in the country, AXA, has recently announced a major expansion in Mecklenburg County, that will add 550 new jobs over the next five years, almost doubling their Charlotte-based workforce.
They will also invest about $18 million into facility upgrades at their University City location – making it their largest location in the U.S. (although their Corporate Headquarters will remain in New York City).
“AXA is just the kind of financial services company with a global customer base that fits well with the diverse and talented workforce located in Mecklenburg and surrounding counties,” said North Carolina Commerce Secretary Anthony M. Copeland. “We work hard to ensure that North Carolina-based companies strongly consider staying close to home when they are ready to expand.”
The new AXA jobs will include a variety of positions, including; IT, finance, legal, accounting, customer service, and HR and other functions that will support growth of the company’s business. Salaries will vary by position, but the annual payroll for the new jobs will exceed $60 million, meaning the average salary for the new jobs will exceed $100,000.
“AXA looks forward to growing in Charlotte, and we appreciate the support from the state of North Carolina, the city of Charlotte and Mecklenburg County,” said Mark Pearson, Chairman, President and Chief Executive Officer of AXA US. “We know from our experience that Charlotte is a great place to attract a talented workforce, allowing us to grow our business and better serve our customers.”
AXA was founded in 1859 and has provided life insurance, annuity and financial products and services ever since. They now have approximately 107 million clients in 64 countries around the world. AXA currently employs about 575 people at its Charlotte operations center.