Head of Small & Medium Enterprise, Cyber and Professional Liability

Head of Small & Medium Enterprise, Cyber and Professional Liability

New York, NY I USA

AXA XL provides cyber insurance and technology, Architects & Engineers, and Commercial E&O to start-up firms all the way up to the Fortune 500.

This space has been identified by AXA XL as an exciting growth area with excellent prospects for the successful underwriter to grow their profile and advance their career.

For more than fifty years, AXA XL Design Professional has been a market leading insurance provider serving the needs of the Architect and Engineering design industry.

We provide our customers with market leading loss prevention and risk management education programs, best in class claims support and industry leading underwriting services.

We have been a trusted partner and advocate for law firms for over 20 years and remain deeply committed to supporting the legal profession.

Policyholders can have confidence knowing that we have a proven track record of financial stability, superior claims service and underwriting expertise all backed by the economic strength and resources of a global leader.

The individual will be responsible for the portfolio’s strategy, growth, and overall impact to the America’s Region Chief Underwriting Office.

You will lead SME Underwriting team, servicing a renewal book and be responsible for producing new business through exceptional underwriting practices.

You will represent yourself as a true Cyber and Professional Liability leader, internally and externally, based on your extensive and unique knowledge and experience.

DISCOVER your opportunity

What will your essential responsibilities include?

• Build the strategy for SME Cyber, LPL, and Design Professional to achieve profitable growth with new business and renewal business within the customer segment to achieve profitable premium and rate goals, working with actuarial and claims, and successfully delivering results consistent with financial plan.
• Create and execute the annual business plan and strategy, ensuring consistency with agreed risk appetites. Responsible for underwriting profit and loss within the function, including revenue management on a gross and net level, and expense management.
• Execute a diversified Cyber SME strategy and business plan, evaluating the efficacy of : (1) build capabilities internally;

2) partner with big tech as a distributor; (3) build API capabilities; (4) provide capacity to MGAs or InsureTechs

• Maintain appropriate underwriting governance is maintained through policies, procedures, reviews, audits, and training.
• Promote the professional growth of a diverse and engaged underwriting community, while planning effectively to maintain the organization’s business continuity goals.
• Manage underwriting teams to ensure operational efficiency around production and hit ratio reporting, retention ratios, production planning and tactical actions expected related to the established plans.
• Underwrite, manage, and service a cyber and technology renewal book and produce new business in accordance with business unit goals.
• Exercise discretion and independent judgment in the analysis and evaluation of risk.
• Collaborate closely with the leadership team to drive product development and innovation in the cyber insurance space.
• Build, execute, and maintain operational infrastructure for digitally enabled processes.
• Build, continuously, market cycle guidance for product and pricing
• Build best practices, align synergies, and increase operational efficiencies for Design Professional, Commercial E&O, and Cyber SME portfolios
• Oversee LPL Admitted, and any other SME portfolio within Design Professional, Select Professional and Cyber teams.
• Embody the AXA XL culture and act as a role model for all colleagues, irrespective of organizational alignment

This role reports to the CUO of Cyber, Design Professional, and Commercial E&O Americas.

SHARE your talent

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

Required Skills and Abilities :

• Extensive Cyber and Professional Liability Underwriting, inclusive of Managerial experience and SME or Operations experience
• Must reside in a major industry hub.
• Proven ability to lead a team and deliver exceptional customer experiences.
• Robust business acumen and the ability to anticipate customer and market trends
• Demonstrated capacity to differentiate AXA XL in the industry through innovative offerings and business practices.
• Ability to energize a team through a compelling vision of the business and for the future.
• Proven ability to drive the business forward regardless of uncertain environments.
• An engaged leader who proactively challenges the status quo to create momentum and action for change.
• Exceptional organizational time management, and interpersonal skills with the ability to perform accurate mathematical calculations.
• Excellent collaborative, presentation, and communication skills.
• The ability to demonstrate critical thinking, decision making, and problem-solving skills.
• The ability to travel a minimum of 20% of the time.
• A bachelor’s degree is required with Continuing education or professional designations in insurance underwriting and information privacy

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.

Inclusion & Diversity