The role holder manages all aspects of the Accident and Health underwriting portfolio of the UK/Lloyd’s segment of AXA XL in accordance with Corporate and Divisional guidelines.
Working with your Life counterpart and Head of Life, Accident and Health, the role holder will fully contribute to the development and execution of the team strategy.
Substantially re-positioned over the past 4 years, this profitable portfolio is a robust, diversified book of business written in the UK/Lloyd’s market using AXA XL’s Lloyd’s and Company platforms. As the only operating unit within AXA XL writing LAH, the portfolio is global and specialty in nature. It includes direct, facultative and treaty reinsurance written within a defined risk appetite. Profitable, organic growth is the core objective for the portfolio consistent with AXA XL’s role as the Large Corporate and Specialty division of AXA Group.
Necessarily, the role holder must possess excellent technical expertise commensurate with their experience across the various classes of Accident and Health business. The role holder must have excellent interpersonal skills and an innovative mindset able to develop solutions for global clients - whether Corporate or Insurance buyers. Travel to accomplish this objective, occasionally at short notice, is required.
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?
- Contribute to and execution of departmental strategy.
- Being responsible for all aspects of portfolio management throughout the market cycle to deliver plan
- Being responsible for all account underwriting, pricing and aggregate management.
- Being responsible for Marketing, New business and renewal retention by proactively managing Client and Broker relationships including the extensive Delegated Authority Clients of the team.
- Identification and development of new product opportunities, as appropriate.
- Contribution to the design of the Outwards Reinsurance programme purchased by the team.
- Leading, developing and managing a team of 6 underwriters.
You will report to Head of Life, Accident and Health, 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 qualification to ACII (or equivalent) is preferred.
- A&H Underwriting Experience at senior practitioner level, relevant to the role within the Lloyd’s Insurance Market. Applicants outside of the Lloyd’s market are welcome provided they have the relevant experience of the wholesale trading model.
- A sound working knowledge of actuarial principles, underwriting and pricing of direct, facultative and treaty risks, conduct risk and the UK/Lloyd’s regulatory environment is expected commensurate with the role applied for.
- Experience of hands-on team leadership / management / supervision demonstrating increasing responsibilities and knowledge of team motivation principles and practices.
- Excellent inter-personal, problem-solving, analytical and decision-making skills combined with a outstanding work ethic demonstrating the ability to respond to a changing market environment.
- Ability to lead in accordance with AXA XL’s Core Values and Culture. Either a qualified lawyer with experience of M&A (or other corporate transactional work) or alternatively other corporate experience working in a transaction-oriented role
- Influential negotiating skills and comfort working with legal documents
- Excellent organization, communication and interpersonal skills, with the ability to work collaboratively in a fast-paced environment with tight deadlines and deal-time pressures
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
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
