Job Description

Underwriter Manager, Property

Singapore

You will represent the Company\xe2\x80\x99s brand in the market, contribute to developing the Company in Asia and preserve the Company\xe2\x80\x99s excellent reputation as a business partner and employer. Responsible for underwriting a profitable book of Property business in line with AXA XL and AXA Group strategy and standards.

This is a regulated role under the Central Bank of Ireland\xe2\x80\x99s Fitness and Probity regime.

DISCOVER your opportunity

What will your essential responsibilities include?

Budget/Strategy

• Contributes to the direction of the portfolio with the aim to achieve the business plan targets and other goals.
• A particular attention will be kept on targeted loss ratios as well as other key metrics while providing input relevant to proactive cycle management.

Business Focus

• Proactive in marketing Company\xe2\x80\x99s appetite and presence.
• Pursue new business opportunities; implement leading edge products and solutions.
• Take part in marketing initiatives with other departments, proactively manages cross selling opportunities
• Awareness to financial results and performance metrics and escalate issues as required to Regional Product Leader.
• Be aware of periodic actuarial model changes, understanding where the assumptions are driven from and impact on rating for your class of business. Continuous monitoring for model consistency, escalating for further review where necessary.

Leadership and Management

• Lead the AXA XL Property Singapore business. Provide training to the other AXA XL Property underwriters. Support and empower their development.
• Ensure regular internal reporting on important market, client and product related developments.
• Be an active member of the Singapore Branch Management team
• Be a role model not only to the property team, but any other employee

Distribution

• Manage insured and producer relationships across the territory in collaboration with the Client and Country Management colleagues.
• In addition to existing distribution channels, develop own network of contacts and ensure all relevant client relationships (cedants, brokers, clients) are maintained.
• Active representation of AXA during roadshows, events, brokers functions
• Actively collaborates with all the AXA entities in the region
• Promote and actively drive collaboration and cross-sell

Regulatory

• Follow relevant procedures and guidelines and ensure compliance with Global and Regional Underwriting Guidelines and appropriate local requirements as well as with other external legal and regulatory requirements.

Reporting / Aggregate Management

• Business reporting according to requirements (portfolio and risk analysis, benchmarking information).
• Proactively communicate market intelligence.

Guidelines

• Ascertain top quality and best practice underwriting according to Company\xe2\x80\x99s standards and guidelines

Peer Review

• Proactively comply with the peer review process.

Claims

• Prompt handover to claims team of all claims advised, supporting and providing input on settlement of claims, as required.
• Be aware of the guidelines in place and reporting protocols to follow. In the event of a Nat Cat event or large loss, assessment and reporting are performed per up to date guideline

Reinsurance

• Identify and escalate potential need for RI.

Group and Regional Strategic Initiatives

• Assist and help as required in the Regional Strategic Initiatives.
• Coordination and synergy work with AXA GI across the region

You will report directly to the Singapore Country Manager with a secondary reporting line to the Head of Property & Casualty, Marine and Aerospace, Asia.

Qualifications

SHARE your talent

We\xe2\x80\x99re looking for someone who has these abilities and skills:

\xc2\xb7 Experience:

o Solid Property re/insurance technical underwriting background (10+ years). 3 \xe2\x80\x93 5 years of people management experience

o Strong understanding of Asia (re) insurance market; Singapore domestic market is a plus

o The role requires individuals of degree certification, fully/part ACII qualified or possess relevant insurance qualifications

o International Programs deployment and management

o Advanced decision making and negotiation skills

o Excellent presentation and communication ability

o Experience mentoring underwriting staff of various experience levels

o Team player

\xc2\xb7 Up to date appreciation of the technical requirements of the role

\xc2\xb7 Proven ability in identifying and analysing problems, creating good solutions, deploying sound decision making skills.

\xc2\xb7 Proven track record of knowing what it takes to provide a consistently first class customer service internally and/or externally

\xc2\xb7 Ability to build effective working relationships (internally/externally), establishing credibility amongst a wide and demanding client group

\xc2\xb7 Demonstrable evidence of interpreting & manipulating data clearly and accurately with the ability to extract & clearly articulate key points

\xc2\xb7 Demonstrates excellent communication skills, a confident and articulate presenter to internal/external audiences, exercising appropriate discretion in dealing with people from all levels of the Company

\xc2\xb7 Excellent attention to detail and a meticulous eye for identifying inconsistencies or inaccuracies in data entry or data outputs

\xc2\xb7 Able to organise self (and others if applicable) including effective scheduling, prioritisation and time management skills, completing tasks to tight deadlines. Demonstrates a \xe2\x80\x98can do\xe2\x80\x99 attitude

\xc2\xb7 Comfortable taking ownership for own work, identifying the need for action (using initiative) whilst working effectively within a team.

\xc2\xb7 Displays a resilient and adaptable style, track record of remaining calm in demanding circumstances, adjusting comfortably to changing conditions / priorities

\xc2\xb7 The role would suit highly driven self-starters, with a strong desire to challenge and deliver.

\xc2\xb7 Advanced knowledge of Microsoft Office programs; specifically Excel (including ability to manage if not write macros), Outlook, Word, Powerpoint

\xc2\xb7 Desirable Knowledge and Skill:

o Experience in a Financial Services environment

o First class report writing skills, ability to develop and present ideas and reasoned arguments clearly and concisely to various audience

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\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 at

Inclusion & Diversity

AXA 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.

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 \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

AXA XL