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Location - London/Paris/USA
A commercial lines (re)insurer, AXA XL is subject to a range of risks as a result of its underwriting activities. AXA XL's Risk Management Function defines processes, rules and governance to empower the business to take on risks in a secured environment, thus enhancing value creation and protecting the capital, liquidity, earnings and reputation of the company for the long term. As a result, AXA XL's culture embeds a disciplined and conscious approach to the acceptance of risk where risks are transparent, understood and the appropriate reward can be defined.
The Underwriting Risk department is the Center of Excellence within AXA XL Risk Management responsible for helping AXA XL manage underwriting risk, which is the risk that underwriting income volatility observed over a given time period is not within expected levels, i.e. premium income is less than expected and/or loss experience is worse than expected. The mission of the Underwriting Risk Management team is to act as the second line of defense on underwriting topics across the AXA XL organization, by helping AXA XL to identify, measure, monitor, manage and report on underwriting risks.
Cyber insurance is one of the fastest growing lines of business within Property & Casualty and - as a constantly evolving product - comes with its own unique set of risks. The Senior Underwriting Risk Manager will be responsible for managing the underwriting risks associated with the Cyber portfolio of AXA XL. This means ensuring policies and standards are respected and followed, incorporating cyber risks into the broader underwriting risk framework, carrying out reviews of key cyber underwriting activities and helping the business monitor the portfolio.
The Senior Underwriting Risk Manager will report to the Head of Underwriting, Pricing & Reinsurance Risk Management
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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.
How? By combining a strong 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 - 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 at axaxl.com
Diversity & Inclusion
We know that a diverse workforce and inclusive culture enable business growth and are critical to our success. That's why we have made a strategic commitment to attracting and retaining the most diverse workforce possible, while creating a strong, inclusive culture where everyone is welcome and can contribute and reach their highest potential.