Underwriting Manager - Contingency, Media and Entertainment
Job Description
At this level the role holder manages all aspects of the underwriting operations within the central region in accordance with corporate and divisional guidelines
This includes but is not limited to portfolio profitability, account pricing, portfolio rate change, renewal retention, marketing, new business production, development of staff and broker and client management
The role holder must possess broad technical expertise across various classes of business and may personally handle the more complex risks within the territory
Further, the role holder will act as a senior contact for insureds and retail brokers in the assigned geographic territory
Assume ownership of the P&L
Ensure strategic growth and development of the business in line with company objectives while retaining Clients
The role holder is required to maintain visibility in the community thereby reinforcing AXA XL’s brand in the community
Travel to accomplish this objective is required
The role holder will support AXA XL’s cross-sell objectives by understanding capabilities across other lines of business and maintaining open communication with colleagues in other departments
This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime
What you’ll be doing What will your essential responsibilities include
Execute departmental strategy and achieve P&L metrics including verification of appropriate risk premium calculations to ensure profitability
Leading, developing and proactively managing a team of underwriters
Oversight on submissions including applications, policy wording, inspection reports, loss runs, and financial reports
Imparting your thorough working knowledge of underwriting principles, procedures and controls to team members
Effective relationship management with clients and broker partners initiating opportunities for cross-selling offered products and ensuring account retention
Maintain visibility in the market by aggressively marketing to insureds and brokers
Controlling timely implementation of new and renewed accounts according to quality standards
Ensuring client satisfaction as it relates to fulfillment of their insurance requirements
In coordination with other internal teams, determining appropriate reinsurance for risk placements
Reviewing loss control reports and managing policy endorsement requests to process any necessary changes to the policy
You will report to the Head of SME, UK & Lloyd's What you’ll bring We’re looking for someone who has these abilities and skills: Bachelor’s Degree (or equivalent) required; professional designations preferred
Experience in policy development and broker management in the respective line(s) of business
Experience of hands-on team leadership / management / supervision demonstrating increasing responsibilities and knowledge of team motivation principles and practices
Knowledge of functionality of systems including strong technical skills with Microsoft Office and other relevant systems
Excellent problem-solving, analytical and decision-making skills combined with a robust work ethic
Ability to respond to a changing environment with flexibility and innovation
Effective interpersonal skills, communication including active listening skills, networking, marketing and collaboration skills evidencing public speaking and presentation experience
Ability to develop and maintain relationships with customers, producers and brokers
Excellent time management skills; ability to multi task
Ability to lead in accordance with AXA XL’s Core Values and Culture
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 axaxl.com/about-us/inclusion-and-diversity
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 axaxl.com/sustainability
Who we are 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