Global Underwriting Manager, GCUO Property
Madrid, Spain
The Global Underwriting Manager will be part of the Chief Underwriting Office Property team providing Global Chief Underwriting Officer (GCUO) Property the ability to deploy Global Product Strategy and associated frameworks and controls.
DISCOVERyour opportunity
The key internal interactions (Manager, Team, Other Teams)
- Support GCUO, Business Unit Chief Underwriting Officers (BU CUO), Regional Product Leaders (RPL) and Underwriters with the development and review of Insurance contract wordings, in conjunction with Legal and Wordings
- Collaborate with GCUO Property to support deployment of Global Product Strategy and associated frameworks and controls
- Support development and execution of the GCUO Property Operational Plan, including leading Projects where required
- Engage, including leading where required, on various technical topics. These topics will often be broader than Underwriting, noting cross collaboration with Pricing, Reinsurance, Risk Management and Risk Consulting will often be required to bring change in strategy / products / process and to ensure applicable support to business development
- Work in conjunction with Underwriting Governance Centre (UGC) & Region on Rules and Guidelines (R&G’s), Directives & Underwriting Authority Template
- Support GCUO in providing treaty reinsurance information pack allowing Ceded Re to negotiate treaty placement
- Participate in independent underwriting reviews of selected GCUO Property portfolios, with the support of GPCUO and UGC, to promote and improve the governance and quality of the underwriting in the Business Units
- Co-ordination of training material with relevant colleagues (including Marketing and the Underwriting Academy) and support the overall successful delivery of training strategy, using lessons learnt to drive improvements.
What will your essential responsibilities include?
- Teamwork
- Collaborating with colleagues across GCUO, Underwriting, Claims, Wordings team, Legal Department and beyond to assist in product development and product innovation.
- Work with GCUO, Business Units, UGC & AXA Group in all aspects of UW Governance, including:Drafting and updating of R&G, Cascade of Underwriting Authority, as pre-agreed between CUO and BU CUO along with any required ongoing administration, Independent / Thematic reviews, Effective referral management and maintenance of referral to CUO, AXA Group mandates & Letter of Application
- Analyzing
- Reviewing our existing products, new product development (including Product PAPs) and those of our competitors, including analysis and explanation of individual clauses right through to entire product wordings, always with a focus on delivering a commercial solution to any issued raised
- Development and enhancement of policy forms and endorsements. Assist underwriters to interpret and respond to coverage requests
- Support & perform analytics, as required, of Underwriting and Financial Management Information.
- Creating
- Working closely with key stakeholders to build new insurance products or refine / expand existing products
- Develop & promote best practice UW standards & support implementation
- Support engagement & development of solution in respect of both emerging and systemic risk
- Training and Developing
- Sharing best practice solutions across the wider business
- Train underwriters to better understand risk and exposure to actual claims
- Co-ordination of training material and support the overall successful delivery of training strategy
You will be reporting to the Global Head of Underwriting Management Property.
SHARE your talent
We’re looking for someone who has these abilities and skills:
- Solid and established Property and/or Energy, and/or Construction Underwriting experience. Experience in different geographies will be considered a plus.
- Fluent and confident in working in English, written and spoken
- Act independently, think in global terms and demonstrate excellent business acumen
- Ability to work with agility and flexibility
- Stakeholders management skills: develop and maintain productive working relationships with internal and external stakeholders. Provide guidance and seek input from others as needed to achieve the best result possible.
- Capable of working and collaborating with a virtual team, across multiple diverse geographies and cultures.
- Excellent Problem-solving skills: Use judgment to identify and solve day to day problems in straightforward situations. Ability to analyze and interpret data appropriately and identify trends to direct/engage with others as needed.
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 strong 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.
At AXA XL we are happy to talk flexible working. We are committed to building a diverse and inclusive workforce and consider flexible ways of working for every role. Talk to us about how we can make flexibility work for you.
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
