At a Glance
- Tasks: Lead a new business unit focused on multi line portfolio business and develop strategic initiatives.
- Company: Join AXIS Capital, a global leader in specialty lines insurance and reinsurance.
- Benefits: Enjoy competitive benefits including health plans, retirement options, and tuition reimbursement.
- Other info: Be part of an entrepreneurial culture that values ethical practices and professional growth.
- Why this job: Make a significant impact by shaping the future of capacity solutions in a dynamic environment.
- Qualifications: 10+ years in commercial (re)insurance with strong leadership and relationship-building skills.
The predicted salary is between 80000 - 100000 £ per year.
This is your opportunity to join AXIS Capital - a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture.
AXIS is seeking a Head of Capacity Solutions to lead a new business unit focused on multi line portfolio business via brokers and MGAs. This business will operate under the direction of the AXIS President and CEO and be responsible for successfully assessing, onboarding, and managing multi line portfolio business while maximizing the potential returns for AXIS. The selected candidate will lead the segment and be responsible for the end to end success of the business and operating model. This segment will be supported in its execution by a virtual team from across AXIS, including the CUO Office, Operations and Distribution.
What will you do in this role?
- Develop the business strategy and be responsible for its successful implementation.
- Lead prospecting for new multi line portfolio opportunities with brokers and MGAs.
- Overall responsibility for deal structuring, appraisal and execution.
- Develop the capital (cession) strategy, including prospecting for long term capital providers, and capital structuring.
- Work with the CUO office to determine the optimal portfolio shape, mitigate clash, and add diversification to the wider enterprise portfolio.
- Foster and manage relationships with capital providers, distribution, and underwriting partners.
- Build and manage the AXIS Capacity Solutions team and develop a market leading capability.
- Partner with underwriting subject matter experts in the development and appraisal of new opportunities.
- Chair the Deal Committee, which shares responsibility for the approval of multi line portfolio opportunities to the AXIS Group.
- Work with all functional departments to ensure an efficient operating model for multi line portfolio business.
You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.
Successful Candidate Profile
- At least 10 years of experience in a commercial or technical role in commercial lines (re)insurance.
- Bachelor's or advanced degree in a highly analytical subject.
- Professional experience in (re)insurance industry performance and/or governance management role(s).
- Experience building strong and effective relationships with colleagues and leadership with a proven ability to win confidence of business partners and influence outcomes.
- Experience in efficient deal structuring and portfolio assessment.
- Experience and perspective on best practice operating models, governance and business unit performance frameworks.
- Strong attention to detail.
- Excellent verbal and written communication and negotiation skills.
- Ability to communicate complex concepts to all stakeholders.
- Ability to execute while partnering effectively with Operations, Technology, Claims and CUO functions.
- Ability to plan effectively and prioritise workload.
- Proven leadership skills, including developing and managing high performing teams.
Benefits
We offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.
Head of Capacity Solutions employer: Job Search Place Limited
AXIS Capital is an exceptional employer, offering a dynamic and entrepreneurial work environment that fosters innovation and ethical practices. As the Head of Capacity Solutions, you will have the opportunity to lead a new business unit, driving strategic initiatives while benefiting from a comprehensive benefits package that includes health and wellness programs, tuition reimbursement, and a commitment to employee growth. Join us in a culture that values collaboration and excellence, where your contributions directly impact our success and the satisfaction of our clients.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Capacity Solutions
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and reinsurance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews! Research AXIS Capital thoroughly and understand their business model. Think about how your experience aligns with the Head of Capacity Solutions role. We want you to shine when discussing your strategies and insights!
✨Tip Number 3
Showcase your leadership skills! Be ready to share examples of how you've built and managed high-performing teams. We’re looking for someone who can inspire and lead, so let your past experiences do the talking!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. Don’t miss out on this opportunity!
We think you need these skills to ace Head of Capacity Solutions
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Head of Capacity Solutions role. Highlight your experience in commercial lines (re)insurance and any leadership roles you've held. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your achievements in deal structuring and portfolio management that demonstrate your expertise.
Showcase Your Communication Skills:Since this role requires excellent verbal and written communication, make sure your application reflects that. Use clear and concise language, and don't shy away from showcasing your ability to communicate complex concepts effectively.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at Job Search Place Limited
✨Know Your Stuff
Make sure you thoroughly understand AXIS Capital's business model and the role of Head of Capacity Solutions. Familiarise yourself with multi line portfolio business, brokers, and MGAs. This will help you speak confidently about how your experience aligns with their needs.
✨Showcase Your Leadership Skills
Prepare examples that highlight your leadership experience, especially in building and managing high-performing teams. Be ready to discuss how you've successfully led projects or initiatives in the past, particularly in the (re)insurance sector.
✨Master the Art of Communication
Since this role requires excellent verbal and written communication skills, practice articulating complex concepts clearly. Think about how you can convey your ideas effectively to different stakeholders, from technical teams to senior management.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities and decision-making skills. Prepare for scenarios related to deal structuring and portfolio assessment, and think through how you would approach these challenges in the context of AXIS's goals.
