Job Description

Underwriting ManagerXLICSE, India Reinsurance BranchMumbai, IndiaXLICSE is an Ireland domiciled insurer with branches throughout the EU, as well as Australia, Hong Kong, Singapore, Malaysia and India. It primarily writes property, casualty and specialty insurance and facultative reinsurance for large national and multinational corporations and leading insurance companies. XLICSE is part of AXA XL (a division of AXA group) which also operates in several jurisdictions worldwide.Having obtained the certificate of registration from IRDAI to operate as a reinsurance branch located in Mumbai in 2017, the branch is well positioned to effectively develop and service clients of AXA XL in India.As Underwriting Manager of the India Reinsurance Branch, you will set the strategy and direction for the team around industry and geographic segmentation aligned to Asia Strategic plan, AXA XL pricing and underwriting guidelines, distribution strategy and product offering.You will perform the role of Chief Underwriting Officer which is a Key Management Position regulated under the Insurance Regulatory and Development Authority of India (IRDAI) and is also a regulated role under the Central Bank of Ireland\xe2\x80\x99s Fitness and Probity regime. As a Key Management Personnel (KMP), you will also be a member of the branch executive committee which is responsible for formulating the overall strategy and direction as well as overseeing the management of the branch.DISCOVER your opportunityWhat will your essential responsibilities include?\xc2\xb7 Work closely with the Chief Executive Officer to re-establish AXA XL reputation and presence in India.\xc2\xb7 Develop and implement underwriting strategies, ensure sound underwriting practices, manage risk exposure and drive profitable growth.\xc2\xb7 Oversee the underwriting process and ensure adherence to underwriting guidelines and regulatory requirements.\xc2\xb7 Manage risk exposure by evaluating and pricing insurance policies appropriately.\xc2\xb7 Lead and mentor underwriting teams, providing guidance and training to ensure high performance and development.\xc2\xb7 Work closely with product heads in Asia to leverage expertise, drive business growth and innovation.\xc2\xb7 Monitor underwriting results and performance, identifying areas for improvement and implementing corrective actions.\xc2\xb7 Stay updated on industry trends, market conditions and regulatory changes to inform underwriting decisions and strategies.\xc2\xb7 Foster strong relationships with reinsurance partners and underwriting agencies to optimize risk management and capacity.\xc2\xb7 Drive growth through effective planning and execution, identify new markets and further develop existing markets.You will report to Chief Executive Officer with a secondary reporting to Head of International Financial Lines Asia.QualificationsSHARE your talentWe\xe2\x80\x99re looking for someone who has these abilities and skills:\xc2\xb7 Established Underwriter with proven experience in underwriting leadership within the insurance, in general insurance or reinsurance industry preferred. In-depth knowledge of regulatory requirements and compliance standards.\xc2\xb7 Leadership: Role model by setting a high bar for performance, engagement and commitment. Well experienced in managing a team. Takes initiative and has the ability to lead independently, as well as inspiring success and advancing talent and culture.\xc2\xb7 Excellent verbal and written communication and influencing skills. Able to communicate effectively with internal and external stakeholders at all levels of sophistication. Ability to work in a changing environment and navigate the matrix organization.\xc2\xb7 Collaborative: Ability to develop and maintain productive working relationships with internal and external stakeholders in country, Asia and the Business Unit. Capable of working and collaborating with a virtual team and providing guidance and seeking input from others as needed to achieve the best result possible.FIND your futureAXA 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\xe2\x80\x99t 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 \xe2\x88\x92 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.Learn more atInclusion & DiversityAXA 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 and a diverse workforce enable business growth and are critical to our success. That\xe2\x80\x99s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It\xe2\x80\x99s about helping one another \xe2\x80\x94 and our business \xe2\x80\x94 to move forward and succeed.

• Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe
• 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

Learn more at . AXA XL is an Equal Opportunity Employer.SustainabilityAt 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. Our 2023-26 Sustainability strategy, called \xe2\x80\x9cRoots of resilience\xe2\x80\x9d, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.Our Pillars:

• Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society \xe2\x80\x93 are essential to our future. We\xe2\x80\x99re committed to protecting and restoring nature \xe2\x80\x93 from mangrove forests to the bees in our backyard \xe2\x80\x93 by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
• Addressing climate change: The effects of a changing climate are far reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We\'re building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
• Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We\xe2\x80\x99re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
• AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL\xe2\x80\x99s \xe2\x80\x9cHearts in Action\xe2\x80\x9d programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day \xe2\x80\x93 the Global Day of Giving.

For more information, please see axaxl.com/sustainability

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