Global CUO, Casualty in London

Global CUO, Casualty in London

London Full-Time 72000 - 108000 £ / year (est.) No working from home possible
AXA Group

At a Glance

  • Tasks: Lead global underwriting strategies and ensure profitable growth in the Casualty portfolio.
  • Company: AXA XL is a leader in solving complex risks for businesses worldwide.
  • Benefits: Enjoy a dynamic work environment with opportunities for professional growth and collaboration.
  • Other info: This role offers a chance to influence strategic direction and collaborate with diverse teams.
  • Why this job: Join a culture of innovation and excellence, making a real impact in the insurance industry.
  • Qualifications: Bachelor's degree preferred; extensive experience in global insurance and underwriting management required.

The predicted salary is between 72000 - 108000 £ per year.

Global Chief Underwriting Officer, Casualty United States, London, Paris

AXA XL’s culture of profitable growth and disciplined underwriting is the strategic focus of the GCUO, Casualty. The main remit is the development of consistent underwriting standards, practices and procedures. As a member of the Global CUO Leadership Team, reporting directly to the AXA XL Global Chief Underwriting Officer, the Casualty GCUO will act as the Global Technical leader responsible for developing and assessing the core underwriting strategic direction and product profitability for the Global Casualty portfolio.

This role is predominately an internal technical position with opportunity for customer-facing interaction, working together with internal clients and meeting with key brokers to support the Global and Regional underwriting and marketing strategies. You will work closely with the Regional CUO’s and Regional Casualty Product Heads to achieve the Global and Regional financial objectives and will be responsible for all underwriting operations including pricing, policy language construction and underwriting guidelines.

Additionally, you will work closely with functional leaders such as Claims, Actuarial Finance and Reserving, Operations and Technology, Data and Pricing and Analytics.

What you’ll be DOING

  • In partnership with Regional CUO’s, accountable for the Global Casualty line of Business P&L and management of the Global portfolio to set financial targets and ensure profitable growth
  • Inspire a culture of underwriting excellence and relentless product performance management across the Global Casualty teams
  • Promote the professional growth of a diverse and engaged underwriting community, whilst planning effectively to meet the succession needs of the organisation
  • Identify training needs and, in conjunction with the AXA XL Underwriting Academy, develop training programs designed to advance the technical skills of the Casualty Underwriting community
  • Drive and monitor underwriting policies, rules, guidelines and procedures establishing the referral flow for technical oversight
  • Cascading (and withdrawal) of Underwriting Authority levels to achieve underwriting quality, best practices, profitability and regulatory compliance goals
  • Create and implement governance framework to ensure underwriting best practice through form Underwriting Reviews and quality controls, as necessary
  • Represent line(s)/business unit(s) during, regulatory and FIC audits as needed and coordinate with line/Business Unit on internal and external requests for information
  • Operational planning - Work with the Global Product Heads and Regional CUO’s to ensure we have effective operational plans to achieve strategic objectives
  • Work with Finance, Actuarial, Heads of LOB to influence the development of Regional financial plans in support of the Global Casualty Strategy.
  • Build and maintain robust links with the Global CUO function and leadership team to ensure alignment with product growth and strategic direction
  • Align with AXA GI and other legal entities to collaborate and innovate where possible, proactively identifying new product opportunities to support product growth strategies
  • Ensure Regional Casualty Underwriting teams are collaborating with the Global Chief Underwriting office and Internal Audit as appropriate
  • You will report to AXA XL’s Global Chief Underwriting Officer.

    What you will BRING

  • Bachelor’s degree preferred with extensive experience in global insurance, focusing on underwriting management and insurance operations
  • Deep understanding of Casualty Insurance with a preference for experience leading a global portfolio. Specific exposure to and management of the US Casualty market is highly preferred.
  • Proven leadership and communication skills with an ability to influence across cultural differences
  • An unwavering commitment to enable a variety of teams to achieve their best results
  • Sound understanding of financial planning, analysis and reporting approaches
  • Successful track record of profitable growth
  • Ability to respond to a changing environment with flexibility and innovation
  • Enable feedback loop with Claims and Reserving on strategy and appetite
  • Close collaboration with Product specific GCUO, Regional CUOs and Regional Product Leaders as well as pricing, reserving actuaries, Risk Consulting and other Teams within the GCUO Organization and across AXA XL ( Risk) and AXA Group ( GIO/GRM)
  • Engage with clients and brokers where product expertise can add value to the interaction
  • Who WE are

    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.

    What we OFFER

    Inclusion

    Global CUO, Casualty in London employer: AXA Group

    AXA XL is an exceptional employer that fosters a culture of profitable growth and disciplined underwriting, making it an ideal place for professionals seeking to excel in the insurance industry. With a strong emphasis on employee development through the AXA XL Underwriting Academy, a commitment to diversity, and opportunities for collaboration across global teams, employees are empowered to thrive in a dynamic environment. Located in major cities like London and Paris, AXA XL offers a vibrant work culture that encourages innovation and provides access to a broad network of industry leaders.

    AXA Group

    Contact Details:

    AXA Group Recruitment Team

    StudySmarter Expert Advice🤫

    We think this is how you could land Global CUO, Casualty in London

    Tip Number 1

    Network with professionals in the insurance industry, especially those who have experience in casualty underwriting. Attend industry conferences and seminars to meet potential colleagues and learn about the latest trends and practices.

    Tip Number 2

    Familiarise yourself with AXA XL's culture and values. Understanding their focus on profitable growth and disciplined underwriting will help you align your discussions and demonstrate that you're a good fit for their team.

    Tip Number 3

    Prepare to discuss your leadership experiences and how you've influenced teams in previous roles. Highlight specific examples where you've driven profitable growth or improved underwriting standards.

    Tip Number 4

    Stay updated on regulatory changes and market trends in the casualty insurance sector. Being knowledgeable about these topics will show your commitment to the role and your ability to adapt to a changing environment.

    We think you need these skills to ace Global CUO, Casualty in London

    Underwriting Management
    Casualty Insurance Expertise
    Financial Planning and Analysis
    Leadership Skills
    Communication Skills
    Strategic Thinking
    Operational Planning

    Some tips for your application 🫡

    Understand the Role:Before applying, make sure you fully understand the responsibilities and expectations of the Global Chief Underwriting Officer, Casualty position. Tailor your application to highlight relevant experiences that align with the job description.

    Highlight Relevant Experience:In your CV and cover letter, emphasise your extensive experience in global insurance and underwriting management. Be specific about your achievements in managing a global portfolio, particularly in the US Casualty market.

    Showcase Leadership Skills:Demonstrate your proven leadership and communication skills in your application. Provide examples of how you've influenced teams across cultural differences and enabled them to achieve their best results.

    Tailor Your Cover Letter:Craft a compelling cover letter that not only reflects your qualifications but also your understanding of AXA XL's culture and strategic focus. Mention how you can contribute to their goals of profitable growth and underwriting excellence.

    How to prepare for a job interview at AXA Group

    Understand the Role Thoroughly

    Before the interview, make sure you have a deep understanding of the Global Chief Underwriting Officer role and its responsibilities. Familiarise yourself with AXA XL's culture, particularly their focus on profitable growth and disciplined underwriting.

    Showcase Your Leadership Skills

    As this position requires strong leadership and communication skills, prepare examples from your past experiences where you successfully led teams or influenced stakeholders across different cultures. Highlight your ability to inspire and manage diverse teams.

    Demonstrate Technical Expertise

    Be ready to discuss your knowledge of Casualty Insurance and your experience in managing global portfolios. Prepare to explain how you've previously developed underwriting standards and practices, as well as how you can contribute to the technical direction of the Global Casualty portfolio.

    Prepare for Financial Discussions

    Since the role involves accountability for the Global Casualty line of Business P&L, brush up on your financial planning and analysis skills. Be prepared to discuss how you have previously set financial targets and ensured profitable growth in your past roles.