Underwriting Manager

Underwriting Manager - London Wholesale Casualty, International Liability

London, UK

A market leader in Lloyd’s and the London market, this long-established London-based team forms part of the London Wholesale Casualty division in the UK & Lloyd’s business unit. They underwrite general liability risks for a vast array of businesses around the world. The portfolio includes risks via the open market and via facilities and delegated authority arrangements, ranging from railways in Australia to ski resorts in Canada to chemical plants in South America and to hotels in the Caribbean. Every day is different and presents new challenges and we strive to find tailored solutions for our insureds that protect their businesses for the long-term.

At this level the role holder has responsibility for managing all aspects of the underwriting, including but 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 expertise across various industries and territories as well as strong technical skills in the management of facilities and delegated underwriting authority contracts. Further, the role holder will act as a senior contact for brokers and clients as well as managing a number of the underwriting staff in the team. They will assist the head of the team in delivering the required strategic growth and development of the business, in line with the business plan, and liaising with the senior management where required. The role holder is required to maintain visibility in the marketplace, 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.

DISCOVER your opportunity

What will your essential responsibilities include?

Execute departmental strategy and achieve P&L metrics including verification of appropriate risk appetite to ensure profitability.
Underwrite a core portion of the portfolio whilst having a strong knowledge of the book as a whole.
Leading, developing and proactively managing a team of underwriters.
Analysis of submissions including applications, policy wordings, risk reports, loss runs and financial reports.
Imparting your thorough working knowledge of underwriting principles, procedures and controls to team members, including the management of underwriting referrals.
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 proactively 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 process and controls for the management of the portfolio.

You will report to the Head of International Wholesale Liability.

SHARE your talent

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

Bachelor’s Degree (or equivalent) preferred, along with professional designations.
Experience in open market, lineslip and delegated authority contracts.
Experience of the Lloyd’s market and the international liability marketplace.
Policy development and broker management in the respective line 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 technical skills with Microsoft Office and other relevant systems.
Excellent problem-solving, analytical and decision-making skills combined with a great 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, as well as internal stakeholders.
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 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

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