At a Glance
- Tasks: Lead a dynamic team in managing financial lines and fostering broker relationships.
- Company: Join AXA XL, a leader in innovative risk solutions.
- Benefits: Enjoy competitive pay, flexible work options, and inclusive benefits.
- Other info: Be part of a diverse culture that values sustainability and community engagement.
- Why this job: Make an impact in the insurance industry while developing your leadership skills.
- Qualifications: Bachelor’s degree preferred; strong interpersonal and analytical skills required.
The predicted salary is between 82800 - 101200 $ per year.
This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime. The Underwriting Manager, Financial Lines manages a team across Melbourne and Sydney. You will be leading product distribution and relationships across the professional lines products including commercial PI, Information Technology, Cyber, Management Liability and Financial Planners.
What you’ll be DOING
- Leading all operations of Brooklyn’s International Financial Lines division including:
- Strategic planning
- Change management
- Achieving business targets
- Broker relationships and development with support from distribution
- Staff advancement, clear goal setting and mentoring
- Fostering culture
- Product and systems innovation
- Collaboration with AXA XL IFL colleagues
- Personal development
Human Objectives
- Providing oversight and day-to-day direction through regular communication
- Staff mentoring – Regional Managers & Senior UW’s
- Performance management – aligning to strategic pillars
- Collaborate across all Brooklyn product lines
- Maintain and develop Broker relationships Australia-wide
- Liaison with AXA XL colleagues to foster and build strong internal working relationships
- Promote a spirit of teamwork, collaboration and fairness
- Fostering a cohesive workplace culture that aligns with the company’s values and ‘Our Commitments’
Operational Objectives
- Overall portfolio management of the following business lines:
- PI
- Cyber
- Management Liability
- Team Performance reporting
- Understand portfolio pricing, provide recommendations relevant to market cycles, performance and growth strategies.
- Structured framework around new business quotations, renewals and policy maintenance while providing advice and technical support to senior staff in alignment to SoA capabilities.
- Supervision and improvement of the online quotation system
- Adherence to agreed Service Standards
- Maintenance adherence to all Underwriting Guidelines
- Reviewing all product wordings and collaboration with AXA XL IFL as to changes or improvements.
- Ensure compliance with AXA XL corporate regulations and standards
- Business development activities
- New Product initiatives
- Systems innovation
Financial Objectives
- Achieve annual Gross Written Premium target across all lines
You will report to Head of Brooklyn.
What you will BRING
- Bachelor’s degree preferred with equivalent experience.
- Possess a high and extensive level of technical knowledge and skills including product & industry.
- Ability to work independently.
- Ability to respond to a changing environment with flexibility and innovation.
- Marketing - Effectively plan for sales and business development.
- Negotiation/Sales - Plan, structure and conduct negotiations with brokers and/or clients to reach outcomes that gain the support and acceptance of all parties.
- Interpersonal Savvy - Build excellent interpersonal relationships with brokers, clients & colleagues.
- Industry Knowledge - Understanding of the insurance industry and specific product portfolios.
- Strategy/Planning - Make underwriting decisions to fulfill the business strategic plan and deliver results.
- Analytical Skills - Visualize, gather information, articulate, analyze, and solve complex problems to make key business decisions.
Who WE are
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.
What we OFFER
- Inclusion - 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.
- Total Rewards - AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security.
- Sustainability - At AXA XL, Sustainability is integral to our business strategy.
Underwriting Manager – Brooklyn in Melbourne employer: AXA
AXA XL is an exceptional employer that fosters a dynamic and inclusive work culture in the heart of Sydney. With a strong emphasis on employee growth, we offer comprehensive training and development opportunities, ensuring our team members thrive in their careers. Our hybrid working model promotes work-life balance, while our commitment to regulatory excellence and innovation makes us a leader in the insurance industry.