Job description
New York, NY / USA
As a newly established business division of AXA XL Americas, our Middle Markets business focuses on the expansion of AXA XL’s current offerings to Middle Market clients in the US Commercial P&C market. You will own the P&L and set strategy and direction for the team in support of the Region’s and broader organization’s goals. The Head of Private Equity for Middle Market builds and manages a team of technical UW professionals supporting the development and execution of PE product line initiatives and market strategy
This role reports to the Head of Underwriting, US Middle Market.
DISCOVER your opportunity
What will your essential responsibilities include?
- Closely collaborate with the leadership team to develop products and establish a Private Equity Middle Market presence in the industry
- Develop Pricing Models for the products, together with our Pricing Actuaries
- Provide input on the marketing strategy and partnership opportunities
- Creating and executing the annual business plan and strategy for PE, ensuring consistency with agreed risk appetites. Responsible for underwriting profit and loss within PE, including revenue management on a gross and net level, and expense management.
- Ensuring that appropriate underwriting governance is maintained through policies, procedures, reviews, audits, and training.
- Promoting the professional growth of a diverse and engaged underwriting community, while planning effectively to maintain the organization’s business continuity goals.
- Manage underwriting teams to ensure operational efficiency around production and hit ratio reporting, retention ratios, production planning and tactical actions expected related to the established plans
- Embody the AXA XL culture and act as a role model for all colleagues, irrespective of organizational alignment
SHARE your talent
We’re looking for someone who has these abilities and skills:
- Outstanding knowledge of the Americas insurance industry, combined with in-depth technical knowledge of PE insurance product offerings.
- Effective broker relationships within the PE sector.
- Ability to lead a team that will deliver the most efficient and best possible customer experience.
- Proven business acumen to engage colleagues in how the needs of our customers are met through our vision, strategy, and operational plans.
- Ability to build and drive positive, helpful, and seamless end-to-end customer, broker and/or partner experiences in the spirit of our purpose.
- A leader who anticipates customer and market trends in order to position AXA XL as a responsible and innovative “market shaper” and Thought Leader in the industry.
- Consistently pursue opportunities to differentiate AXA XL in the industry through our offerings and how we conduct business.
- Ability to energize a team through a compelling vision of the business and for the future.
- A proven bold decision maker who can drive results in uncertain environments.
- An engaged leader who proactively challenges the status quo to create momentum and action for change.
FIND your future
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.
Inclusion & Diversity
At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, while creating an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.
- Five Business Resource Groups focused on gender, LGBTQ+, race/ethnicity, 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 axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.
Corporate Responsibility
At AXA XL our approach to corporate responsibility (CR) is the same as our approach to business; constantly seeking to provide innovative solutions to the world’s most complex problems. From offering our expertise, products and services to help build more resilient communities, to advancing understanding and response to climate change, our strategy – Our Impact. Our Future. – aligns key issues that are pertinent to our business – climate, water and financial resilience - and contributes to AXA Group’s purpose to “Act for human progress by protecting what matters.”
- Climate: We’re reducing our carbon footprint, protecting ecosystems and exploring how our business can help build a better world.
- Water: We’re developing water resilience where it is — and will be — needed most.
- Financial resilience: We’re helping create opportunities for the unemployed and underemployed, so they can be better prepared for unexpected changes.
- Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as our “Hearts in Action” programs.
For more information please see the Corporate Responsibility section on our website.
The pay range for this position is ($147,000-$273,000). Actual pay will be determined based upon the individual’s skills, experience and location. We strive for market alignment and internal equity with our colleagues’ pay.
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