Head of Portfolio Management, UK and Lloyds

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Head of Portfolio Management - UK & Lloyd's

London, United Kingdom

AXA XL UK & Lloyd's are embarking on an exciting new journey to create a team focused on the efficient and technically smart underwriting of follow business. In the newly established role, as Head of Portfolio Management you will act as the leader for your 'business stream' and will be responsible for developing and assessing the core strategic direction and profitability for your portfolio. This role is considered both a technical and customer-facing position, working hand-in-hand with internal clients and meeting with key brokers to support the unit's underwriting and marketing strategies. You will work closely with the Business Unit Chief Underwriting Office and Distribution/Product Teams, and the Divisional Underwriting, Pricing, Innovation, Data and Analytics Teams to achieve financial objectives and be responsible for all underwriting activities.

DISCOVER your opportunity

What will your essential responsibilities include?

• Provide strategic direction and guidance to ensure effective underwriting practices and adherence to company policies and industry regulations

• Portfolio Underwriting and strategy development: Take on the responsibility for building and overseeing portfolio underwriting of Facilities and Consortia, setting the portfolio strategy in collaboration with key stakeholders, considering market trends, risk factors, and business goals

• Work closely with senior management to align portfolio strategy with the overall business strategy

• Active Portfolio management: Monitor and analyse portfolio performance metrics, identifying areas for improvement and implementing corrective actions on an ongoing basis to ensure the portfolio strategy is delivered

• Develop data tools and analytic reports; working closely with Actuarial, Data and Tech to develop and enhance new tools to allow for ongoing monitoring of portfolio performance, budgets and forecasts.

• Driving Portfolio Underwriting Excellence to support and ensure profitable growth

• Maintaining and modifying underwriting policies, procedures and authority guidelines as required to enable portfolio underwriters to profitably achieve financial goals and maximize AXA XL's opportunities.

• Preserve and enhance profitability through the development of sophisticated underwriting and analytic techniques, pricing discipline, competitive analysis and the development of performance metrics and controls

• Building and maintaining relationships and visibility in the market

The role will report to Harpreet Sanghera, Strategy Director, UK & Lloyd

SHARE your talent

SHARE your talent

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

• Experience: Substantial experience focusing on portfolio underwriting management and operations. You will also have experience building relationships with all brokers, and other 3 rd party providers. You will also be expected to have a successful track record of driving profitable growth and building new capabilities within a company.

• Inspired Leadership : AXA XL requires a self-starter who will thrive in a team-oriented environment. You will be a non-political player who can, by virtue of your background and experiences, be immediately credible with both internal and external constituents who include brokers and customers. You will be naturally collaborative, and your words, tone and actions will set the bar for others to follow. You will have the ability to influence without authority, motivate others and be highly participative. You will have the reputation for engaging through listening and then driving for efficiency of decision making versus creating bureaucracy.

• Business Building: You must have a good balance of both strategic and operating skills. You will have a track record of executing to plan and working to achieve objectives. Highly attentive to operational and financial details, you will be well organized, a disciplined planner with solid communication skills. You will be financially astute and sophisticated in identifying key financial trends and reworking metrics to get to answers that at first were not obvious.

• Technical Acumen: Sharp rigorous thinker who creates a logical connection for others between the dynamics of market realities, AXA XL's mission, vision and strategy. You will be a student of the insurance industry and know how the business makes money. You will be market savvy and know what the competition is doing from a product and pricing perspective and quickly grasp challenges and opportunities. Finally, you will have the proven ability to easily articulate the technical and complicated in a manner others readily understand.

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 axaxl.com

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 axaxl.com/about-us/inclusion-and-diversity . 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 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