Executive Underwriter/Product Line - Ocean Marine
Executive Underwriter / Product Line Ocean Marine
If the following job requirements and experience match your skills, please ensure you apply promptly.
New York, NY San Francisco, CA Chicago, IL USA
This Americas regional position will manage the Marine Hull Product Line.
AXA XL offers property, casualty, professional lines and specialty insurance and reinsurance solutions for mid-sized companies through to large multinationals globally.
We blend underwriting discipline, analytic excellence, and a robust market focus to create stellar partnerships with clients and brokers.
DISCOVER your opportunity
As a key member of the Americas Ocean Marine Underwriting team, this role consists of two core deliverables. What will your essential responsibilities include?
- Leading the Marine Hull product line in the United States and Canada is the primary responsibility.
- Implement and maintain Global Product Line strategy, rules and guidelines in the Americas region.
- Outline financial goals by setting a strategic direction, complete annual operating plans, and develop initiatives to be successful.
- Responsible for new business growth by creating a quality volume of new business submissions through interaction with insurance brokers.
- Ensure profitability, resiliency, and ROE in any market environment via superior risk selection and balance to overall portfolio.
- Measure portfolio performance and manage results through action-oriented behaviors to meet or exceed plan.
- Lead team to comply with pricing metrics, legal and compliance guidelines, quality standards and effectively exhibiting appropriate judgment.
- Provide monthly and quarterly feedback on performance indicators to management and team for planning and forecasting.
- Review and approve proprietary and manuscript coverage forms in conjunction with legal, compliance and regulatory teams.
- Build robust working relationships with functional partners including Claims, Finance, Actuarial, IT, HR, Legal and Marketing, Sales & Distribution.
- Matrixed reporting and coordination to Global Marine Hull Product Line Management.
- Coordination amongst Americas Ocean Marine Leaders for Ocean Cargo and Marine Liabilities as well as the Marine Multinational Incoming Team.
- Partner with Americas Sales & Distribution zonal teams as well as Specialty managers as required.
- Assist the Global Marine Chief Underwriting Office team on project work to expand the appetite and product offerings of the global marine unit.
- Underwrite a portfolio of Marine Hull business.
- Responsible for underwriting the unit’s most complex new and renewal business within assigned remit.
- Drive profitable premium and rate goals, working with actuarial and claims and successfully delivering results consistent with financial plan.
- Work closely with brokers to understand the specific needs of their clients and to ensure that the insurance policies offered are tailored to meet those needs.
- Process and document files including Pricing Tools in accordance with corporate standards.
- Provide guidance and support to junior underwriters.
- Exercise discretion and independent judgment in the analysis and evaluation of risk.
- Participate in roundtable discussions on risk assessment.
- Service an existing book by providing leading-edge client focused solutions.
- Manage net lines at a policy level with a combination of line size and reinsurance solutions including effective management NAT CAT aggregation.
- Engage clients with AXA XL’s Digital Commercial Platform, Ecosystem, and Innovation offerings which allow for tailor-made solutions.
- Promote the company's expertise by participating in industry conferences and events while regularly conducting and taking leadership roles in client and broker meetings to educate on evolving risk.
- Maintain compliance with all internal and external underwriting guidelines and legal requirements.
The role reports to the Head of Ocean Marine, Americas.
SHARE your talent
We’re looking for someone who has these abilities and skills :
- A bachelor’s degree is required for this role.
- A moderate amount of marine hull insurance underwriting experience.
- Experience with Delegated Underwriting Authority management, governance, and administration.
- Professional designations, certificates, or other insurance classes are highly desired.
- Recognized expert and specialist in the ocean marine insurance industry regionally or nationally.
- Business development oriented with a successful track record driving profitable growth.
- Excellent analytical and decision-making skills.
- Excellent communication, networking, marketing, collaboration skills evidencing public speaking and presentation experience.
- Capable of being autonomous and working within an ambiguous market environment.
- Ability to develop and maintain relationships with customers, producers and trading partners.
- Outstanding technical skills with Microsoft Office and other relevant systems. Travel of up to 15% of the time is anticipated.
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.
Learn more at axaxl.com / about-us / inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.
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