Underwriting Manager

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Underwriting Manager - Marine Hull & War

London, UK

At this level the role holder will be responsible for P ortfolio Management and Lead the underwriting activities for the Marine Hull & War portfolio in collaboration leading a team of Underwriters based in London. This will involve:

• Close collaboration with Marine Risk Consulting/Loss prevention and claims teams.
• Organizing Thought leadership presentations for clients and brokers to reinforce AXA XL's position as a Market leader.
• Monitor and analyze the performance of the Hull & War portfolio in accordance with Business Plan.
• Market Analysis: Stay abreast of market dynamics, emerging trends, and regulatory developments impacting the Hull & War insurance market.
• Relationship Management: Cultivate strong relationships with brokers, clients, and other stakeholders within the insurance marketplace. Collaborate effectively to support the Underwriting team in negotiating terms, resolve issues, and drive business growth.
• Underwriting Compliance: Ensure compliance with Lloyd's & Company underwriting standards, regulatory requirements, and internal policies. Conduct regular pre-binds and post-bind peer reviews to uphold underwriting quality and integrity.
• Team Development: Foster a culture of inclusion, continuous learning and excellence within the underwriting team. striving to maximize team capability for both personal development and technical underwriting. Manage performance of the existing team whilst being aware of external talent opportunities to enhance team performance.
• Operational Efficiency: Supporting the Underwriting team by streamlining the underwriting processes, leverage technology solutions, and implement best-in-class underwriting practices to enhance operational efficiency and effectiveness.
• Stakeholder Communication: Communicate underwriting strategies, performance metrics, and key initiatives to senior management, and other internal stakeholders. Present findings

The role holder must possess broad technical underwriting expertise across various Marine Hull sub-classes of business and will provide support to the underwriting team for handling the more complex largerrisks. Further, the role holder will act as a senior contact for insureds and brokers in the assigned geographic territory. 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.

DISCOVER your opportunity

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 Head of Marine, UK & Lloyds.

SHARE your talent

SHARE your talent

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

• Bachelor's Degree (or equivalent) professional designations preferred
• Significant underwriting experience, policy development, 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 excellent technical skills with Microsoft Office and other relevant systems.
• Excellent problem-solving, analytical and decision-making skills combined with a good 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.
• Excellent time management skills; ability to multitask.
• Ability to lead in accordance with AXA XL's Core Values and Culture.

FIND your future

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

Inclusion & Diversity

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 a diverse workforce enable business growth and are critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can 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 . AXA XL is an Equal Opportunity Employer.

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 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