Underwriting Manager, Angel Risk Management

Chelmsford, ENG, GB, United Kingdom

Job Description

:

Angel Risk Management specialises in underwriting products for the small to medium-sized sector on behalf of AXA XL - the global insurer that combines financial security with a nimble and empowered approach. AXA XL provides property, casualty, professional and specialty products to industrial, commercial and professional businesses, insurers and enterprises through the world.



The majority of Angel online business is underwritten either via the Angel Underwriting bespoke system from the Angel Chelmsford office or the Angel online quick quote system. A typical Angel broker would usually be a smaller and predominately regionally focused broker.



At this level, the role holder manages all aspects of the underwriting operations within ARM in accordance with coverholder agreements and corporate/divisional guidelines. This includes but is not limited to portfolio profitability, account pricing, portfolio rate change, renewal retention, marketing, new business production, existing and new product development, ARM Commercial strategy, adhering to regulatory and governance requirements, development of staff and broker and client management.



The role holder must possess broad technical expertise across various classes of business and will personally handle risks within both new and renewed by ARM. Further, the role holder will act as a senior contact for insureds and retail brokers, assume ownership of the P&L and ensure strategic growth and development of the business in line with company objectives, whilst retaining Clients.



The role holder will support AXA XL's cross-sell objectives and identify new product opportunities, by understanding capabilities across other lines of business and maintaining open communication with colleagues in other departments. The role holder will also be required to provide regular communication and reporting to the ARM Board, AXA XL senior management and Internal Product Teams (those providing coverage).



This is a Senior Manager role regulated under the Senior Manager & Certification Regime and is also 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, fostering a culture of innovation and continuous improvement 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 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 AXA XL teams, agreement and adherence to coverholder agreements for risk placements. Reviewing loss control reports and managing policy endorsement requests to process any necessary changes to the policy. Collaboration with other AXA entities/teams to ensure alignment of appetite and strategy Guide and drive IT development and System Enhancement and New Product Developments Provide updates and performance reporting to ARM Board and ensure compliance of Board requirements.

You will report to the Head of Angel Risk Management.

What

you'll bring


------------------------

We're looking for someone who has these abilities and skills:

Bachelor's Degree (or equivalent); professional designations preferred. Proven Underwriting experience at leadership level, and experience in policy development and broker management in the respective line(s) of business. Experience of hands-on team leadership, demonstrating increasing responsibilities and knowledge of team motivation principles and practices. Ability to lead in accordance with AXA XL's Core Values and Culture. Knowledge of functionality of systems including advanced technical skills with Microsoft Office and other relevant systems. Excellent problem-solving, analytical and decision-making skills combined with an excellent work ethic. Ability to respond to a changing environment with flexibility and innovation. Excellent 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. Effective time management skills and the ability to multi-task.

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

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Job Detail

  • Job Id
    JD3238070
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Chelmsford, ENG, GB, United Kingdom
  • Education
    Not mentioned