Underwriting Manager - Downstream Energy in London

At this level the role holder assists the Regional Product Leader (RPL) in managing all aspects of the underwriting operations within the UK & Ireland in accordance with corporate and divisional guidelines. This includes but is not limited to portfolio profitability, policy pricing, marketing, business production, development of staff and broker and client management. The role holder must possess broad technical expertise across all products of Downstream Energy. Further, the role holder will act as a senior contact for insureds and brokers in the assigned geographic territory. Ensure strategic growth and development of the business in line with company objectives while retaining Clients. The role holder is required to maintain visibility in the community thereby reinforcing AXA XL's brand in the community. Travel to accomplish this objective is required. This is a regulated role under the Central Bank of Ireland's Fitness and Probity regime.

What you'll be doing

• Execute departmental strategy and achieve P& L metrics including verification of appropriate risk premium calculations to ensure profitability.
• Leading, developing and proactively managing a team of underwriters.
• Oversight on submissions including applications, policy wording, inspection reports, loss runs, and financial reports.
• Imparting your thorough working knowledge of underwriting principles, procedures and controls to team members.
• 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 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 reinsurance for risk placements.
• Managing policy endorsement requests to process any necessary changes to the policy.

You will report to the Head of Energy, UK & Lloyd's.

What you'll bring

• Bachelor's Degree (or equivalent) and professional designations preferred.
• Technical underwriting experience across all products of Downstream Energy.
• Experience in policy development and broker management in the respective line(s) 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 and their technical use, including Microsoft Office and other relevant systems.
• Excellent problem‐solving, analytical and decision‐making skills combined with a good 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.
• Effective time management skills; ability to multi task.
• Ability to lead in accordance with AXA XL's Core Values and Culture.

What we offer

Inclusion

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 enables business growth and is critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential.

Total Rewards

AXA XL's Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

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.