Global Chief Underwriting Officer, Property

AXA

1d•$375,000 - $425,000

About The Position

AXA XL’s culture of profitable growth and disciplined underwriting is the strategic focus of the GCUO, Property. The main remit is the development of consistent underwriting standards, practices and procedures. As a member of the Global CUO Leadership Team, reporting directly to the AXA XL Global Chief Underwriting Officer, the Property GCUO will act as the Global Technical leader responsible for developing and assessing the core underwriting strategic direction and product profitability for the Global Property portfolio. This role is predominately an internal technical position with opportunity for customer-facing interaction, working together with internal clients and meeting with key brokers to support the Global and Regional underwriting and marketing strategies. You will work closely with the Regional CUO’s and Regional Property Product Heads to achieve the Global and Regional financial objectives and will be responsible for all underwriting operations including pricing, policy language construction and underwriting guidelines. Additionally, you will work closely with functional leaders such as Claims, Actuarial Finance and Reserving, Operations and Technology, Data and Pricing and Analytics.

Requirements

Bachelor’s degree preferred with extensive experience in global insurance, focusing on underwriting management and insurance operations
Deep understanding of Property Insurance with a preference for experience leading a global portfolio
Proven leadership and communication skills with an ability to influence across cultural differences
An unwavering commitment to enable a variety of teams to achieve their best results
Sound understanding of financial planning, analysis and reporting approaches
Successful track record of profitable growth
Ability to respond to a changing environment with flexibility and innovation
Enable feedback loop with Claims and Reserving on strategy and appetite
Close collaboration with Product specific GCUO, Regional CUOs and Regional Product Leaders as well as pricing, reserving actuaries, Risk Consulting and other Teams within the GCUO Organization and across AXA XL (e.g. Risk) and AXA Group (e.g. GIO/GRM)
Engage with clients and brokers where product expertise can add value to the interaction

Responsibilities

In partnership with Regional CUOs, accountable for the Global Property line of Business P&L and management of the Global portfolio to set financial targets and ensure profitable growth
Inspire a culture of underwriting excellence and relentless product performance management across the Global Property teams
Work with Group and Divisional Ceded Re as well as the Regional Property Underwriting leaders to influence the purchase of effective treaty reinsurance protection for the Property portfolios.
Promote the professional growth of a diverse and engaged underwriting community, whilst planning effectively to meet the succession needs of the organization
Identify training needs and, in conjunction with the AXA XL Underwriting Academy, develop training programs designed to advance the technical skills of the Property Underwriting community
Drive and monitor underwriting policies, rules, guidelines and procedures establishing the referral flow for technical oversight
Cascading (and withdrawal) of Underwriting Authority levels to achieve underwriting quality, best practices, profitability and regulatory compliance goals
Create and implement governance framework to ensure underwriting best practice through form Underwriting Reviews and quality controls, as necessary
Represent line(s)/business unit(s) during, regulatory and FIC audits as needed and coordinate with line/Business Unit on internal and external requests for information
Operational planning - Work with the Global Product Heads and Regional CUO’s to ensure we have effective operational plans to achieve strategic objectives
Work with Finance, Actuarial, Heads of LOB to influence the development of Regional financial plans in support of the Global Property Strategy.
Build and maintain robust links with the Global CUO function and leadership team to ensure alignment with product growth and strategic direction
Align with AXA GI and other legal entities to collaborate and innovate where possible, proactively identifying new product opportunities to support product growth strategies
Ensure Regional Property Underwriting teams are collaborating with the Global Chief Underwriting office and Internal Audit as appropriate

Benefits

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
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.
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.
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.