At a Glance
- Tasks: Lead global underwriting strategies and drive innovation in aerospace products.
- Company: AXA XL, a leader in insurance with a commitment to diversity and inclusion.
- Benefits: Competitive salary, flexible working arrangements, and comprehensive health benefits.
- Other info: Join a culture that values innovation and offers robust career development opportunities.
- Why this job: Shape the future of aerospace underwriting and make a real impact in a dynamic environment.
- Qualifications: Strong leadership, strategic thinking, and excellent communication skills required.
The predicted salary is between 130000 - 175000 £ per year.
As the Aerospace and PRCB Global Head of Underwriting Management, you will play a pivotal role in shaping and implementing underwriting strategies and operational effectiveness for all aerospace products within AXA XL. This role offers a unique opportunity to drive strategic initiatives, foster innovation, and contribute to the profitable growth of our business.
What you’ll be doing
- Build the Technical Underwriting Strategy development and Products Future Focus, in conjunction with Product GCUOs.
- Coordinate and support developments and delivery of operational and strategic initiatives in coordination with GCUOs.
- Project Lead for Underwriting strategy development, communicating, executing and monitoring global product strategies (Product Unit Strategy Documents) (with GCUO).
- Support RCUO with the implementation of 1st line of defense (pre and post bind reviews).
- Review and assess post Bind reviews (1st Line), Independent reviews (1.b. line), internal audit reports to ‘continually improve’ the Underwriting Product Technical strategy and associated 1st Line of defense framework, in conjunction with the CUO.
- Support the GCUO in driving insights into the global portfolios and assist in efficient and effective reinsurance structures to manage our net position.
- Support reinsurance treaty renewal process, helping project manage renewal submission process in conjunction with GUMs.
- Work with GCUOs and the product leadership team to maintain robust strategic relationships with the broker network and co-ordinate with other lines of business and country managers.
- Drive insights into the global portfolio to help improve profitability for the Global Product, supporting the CUO and Practice Leader in deciding where they should expand and contract – using the PMP Data.
- Support the GCUO and RCUOs in handling the PAP process and encourage profitable product innovation, as required.
- Support the GCUO in the development and effectiveness of an Expert Network strategy to ensure best practice is driven through the entire Product globally and drive best practice.
- Identification of Emerging Risks and formulating and Development of necessary responses.
- Referrals flow through from BU Underwriting Leaders to GCUO, to ensure that product specialists are most involved in approving use of AXA XL capital in unusual situation.
- Help coordinate yearly planning process with Finance partners and identify avenues for potential expense optimization.
- In coordination with GCUO and Global Head of Risk (GHR), liaise with GRM/FRM/ERM on information and data requests as they may arise, including updates to Committees and Task Forces.
- Continuously improve LOB Governance, maintain evolution and streamlining of R&Gs, ensure compliance with Division and Group directives.
- Support development of Climate and Energy Transition strategy in coordination with GCUOs and GHR.
- Manage GUM and support their professional development.
What you’ll bring
- Outstanding leadership and strategic thinking skills with the ability to drive initiatives forward.
- Excellent communication skills, both verbal and written, to effectively collaborate with stakeholders at all levels.
- Proven ability to manage projects, meet deadlines, and adapt to changing priorities in a dynamic environment.
- Analytical mindset with the capability to evaluate complex data and make informed decisions.
- Keen understanding of underwriting principles and practices within the aerospace industry.
- Ability to foster proactively a culture of innovation and continuous improvement.
- Demonstrated proficiency in building and maintaining strategic relationships with internal and external partners.
- Commitment to excellence and a proactive approach to problem‑solving.
What we offer
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.
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.
Global Head of Underwriting Management (Aerospace & PRCB) in London employer: AXA XL
As a leading global insurance provider, we pride ourselves on fostering a dynamic work culture that prioritises innovation and collaboration. Our employees benefit from comprehensive health plans, robust retirement options, and ample opportunities for professional development, all within a supportive environment that encourages strategic thinking and leadership. Join us in our commitment to excellence in the aerospace sector, where your contributions will be valued and rewarded.
StudySmarter Expert Advice🤫
We think this is how you could land Global Head of Underwriting Management (Aerospace & PRCB) in London
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We think you need these skills to ace Global Head of Underwriting Management (Aerospace & PRCB) in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at AXA XL.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at AXA XL. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at AXA XL
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at AXA XL to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at AXA XL, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding AXA XL's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
