Chief Underwriting Officer, Cyber

Chief Underwriting Officer Cyber, AmericasUnited StatesAXA and AXA XL’s culture of profitable growth is at the core of our underwriting ethos, and the primary driver of both strategic and day-to-day decisions. As an extensive global business, we take pride in teamwork, underwriting excellence, discipline, and the implementation of consistent underwriting standards and practices. We aim to consistently outperform the competition and attract the best talent by being the employer of choice.As the Chief Underwriting Officer Cyber - Americas, you will embody these values, lead the Americas Cyber and Underwriting unit, be responsible for developing and executing on the Americas strategy for these segments, while working with the region’s other underwriting business leaders and partners, our Global Underwriting Office, and our Global Cyber Center of Excellence. This role has full P&L responsibility and reports directly to the CUO – Americas, as part of the Underwriting Leadership team in the Americas Region.The global cyber insurance market is one of the largest the single largest organic growth opportunity in commercial P&C for 2023-26 due to the supply / demand imbalance that exists in the market. Cyber products are expected to grow in maturity and popularity with all client segments. AXA must have a competitive and sustainable offering to stay relevant with brokers and clients. Clients seek risk transfer, but also support services to help them understand and mitigate risk.This is a very exciting time to join AXA’s global cyber team. AXA XL is one of the top 5 insurers of Cyber risk. You’d be joining a group of talented and collaborative professionals. DISCOVER your opportunity What will your essential responsibilities include?·       Lead and grow the Cyber underwriting team in the Americas, which includes the Bermuda, Canada, and the United States.·       Drive Cyber growth by identifying new markets (e.g., new channels, new products) and by further developing existing markets (e.g., deeper relationships with existing brokers and clients) as measured by new premium and market share growth or profitable GWP growth in new books of business. ·       Coordinate/facilitate/lead new business, renewals, re-pricings, restrictions, special acceptances, commutations and cancellations in determining risk acceptability & coverage, in accordance with underwriting guidelines and authorities.·       Optimize allocation of capacity across regions, sub-products, and client segments to highest margin opportunities.·       Responsible for the use of and development of metrics that will enable underwriters to make better decisions regarding deployment of the firm’s capital.·       Ensure adherence to the underwriting authorities and guidelines as approved; cascade/rescind Underwriting authority as needed throughout the product line.·       Develop and execute on business financial and operational plans. ·       Develop and execute on a Regional strategy to meet the Cyber needs of customers of all segments of the market, and act as the primary liaison with the Global Cyber Center of Excellence in the evolution of our AXA Group-wide Cyber ambition.·       Lead and promote a collaborative, diverse and inclusive working environment.·       Embody the AXA XL culture and act as a role model for all colleagues, irrespective of organizational alignment.·       Apply an understanding of worldwide risk exposures leading to refined terms & conditions and improved pricing and risk management.SHARE your talentWe’re looking for someone who has these abilities and skills:·       A robust knowledge of the Americas region insurance industry, combined with in-depth technical knowledge of Cyber insurance product offerings. ·       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.  Demonstrated end-to-end strategy design including demonstrated development of business plans using data and analytics.  ·       Demonstrated ability to manage complex relationships diplomatically and consultatively and instill confidence in across all levels in the organization.·       Ability to lead through influence and work as part of a collaborative team across geographies.·       Ability to build and drive positive, helpful, and seamless end-to-end customer, broker and/or partner experiences in the spirit of our purpose.·       Anticipate 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.·       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.·       Sound understanding of financial planning, analysis and reporting approaches.·       Successful track record of profitable growth. The pay range for this position is $250,000-$350,000. 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.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’t 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 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.comInclusion & 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’s 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’s about helping one another — and our business — 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 CharterLearn more at axaxl.com/about-us/inclusion-and-diversity.  AXA XL is an Equal Opportunity Employer.Sustainability At 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 “Roots of resilience”, 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 – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – 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’re 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’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.For more information, please see axaxl.com/sustainabilityJob SummaryJob number: 78001337D20230405Date posted : 2023-08-07Profession: Property & Casualty InsuranceEmployment type: STANDARD