At a Glance
- Tasks: Support digital portfolio strategies and drive innovative underwriting initiatives.
- Company: Join AXA XL, a leader in risk solutions with a focus on inclusivity.
- Benefits: Enjoy competitive pay, flexible working, and a commitment to your growth.
- Other info: Collaborative environment with strong focus on sustainability and community impact.
- Why this job: Be part of a dynamic team transforming the insurance industry through digital innovation.
- Qualifications: Degree in Business or related field; experience in strategic analysis and project management.
The predicted salary is between 60750 - 74250 £ per year.
The Digital Strategic Portfolio Specialist will play a crucial role in supporting the development of AXA XL UK&L’s Portfolio Underwriting strategy. This role focuses on operational support of the Digital Portfolio Solutions Business Unit across Facilities and the Digital Underwriting platform and execution of digital Underwriting initiatives. The successful candidate will work closely with various departments to ensure alignment across Facilities and Digital Underwriting portfolios.
What you’ll be doing
- Portfolio monitoring
- Analyzing and tracking underwriting performance through the Portfolio Management Process (PMP) and QBR's.
- Maintaining excellent broker relationships and aligning portfolio strategies with other business lines and country managers.
- Ensuring effective implementation of the PMP within teams to align with strategic goals.
- Governance and compliance
- Ensure alignment to internal and external compliance and governance requirements for the Digital Portfolio Solutions Facilities portfolio.
- Conduct control and reporting processes to support the Digital Portfolio Solutions business unit.
- Ensure all digital initiatives comply with established risk management protocols and regulatory requirements.
- Identify and mitigate risks associated with digital transformation projects.
- Work closely with Risk Management functions to ensure Facility portfolio appetite and exposures are well understood and within requirements.
- Strategic and financial Planning
- Collaborating with the Head of Portfolio Optimisation to align division and product line objectives.
- Leading strategic projects in the Lloyd’s region to drive profitability, growth and operational efficiency.
- Executing critical business change initiatives and providing regular updates to the Underwriting leadership team.
- Internal coordination and plan execution
- Working with GCUO's to improve underwriting strategy, rules, guidelines and operations.
- Developing and implementing strategic underwriting operational plans aligned with objectives.
- Supporting recruitment of talent and ensuring the timely use of underwriting metrics for decision-making.
- Conducting pre and post bind reviews in conjunction with GCUOs and providing feedback to improve Underwriting and Operations.
- Work closely with IT, Data & Analytics, Underwriting Oversight, and Underwriting Optimisation to ensure seamless integration of digital initiatives.
- Facilitate cross-functional collaboration to drive digital transformation projects.
What you’ll bring
- Bachelor’s degree in Business, Finance, IT, or a related field.
- Proven experience in strategic analysis, governance and oversight, and project management.
- Excellent understanding of digital transformation and underwriting processes.
- Excellent analytical, problem-solving, and decision-making skills.
- Fantastic communication and interpersonal skills, with the ability to engage and influence stakeholders at all levels.
- Experience in the insurance industry is essential.
- Proactive approach to identifying and solving problems.
- Ability to work independently and as part of a team.
- High level of integrity and commitment to excellence.
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.
- Robust support for Flexible Working Arrangements.
- Enhanced family-friendly leave benefits.
- Named to the Diversity Best Practices Index.
- Signatory to the UK Women in Finance Charter.
Sustainability
- At AXA XL, Sustainability is integral to our business strategy.
- Our 2023-26 Sustainability strategy, called "Roots of resilience", focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
- We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL's "Hearts in Action" programs.
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.
Strategic Portfolio Specialist - Digital 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 Strategic Portfolio Specialist - Digital
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
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✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like AXA XL. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Strategic Portfolio Specialist - Digital
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.
