Underwriting Manager, Marine Cargo

Job description

Job Description:

Underwriting Manager, Marine Cargo

Singapore

Manages all aspects of the underwriting operations within the central region in accordance with corporate and divisional guidelines.

This includes but is not limited to portfolio profitability, account pricing, portfolio rate change, renewal retention, marketing, new business production, development of staff and broker and client management.

The role holder will manage all staff and an underwriting territory that includes business product in several locations.

What you'll be DOING

What will your essential responsibilities include?

• Execute business unit strategy and achieve P&L metrics including verification of appropriate risk premium calculations to ensure profitable growth.
  
  This includes budgeting and financial forecasting responsibilities.
  
  
• Effective relationship management with clients and broker partners initiating opportunities for cross-selling offered products and ensuring account retention.
  
  
• Mange insured and producer relationships across large geographical territory.
  
  
• Maintain visibility in the market by effectively marketing to insureds and brokers.
  
  
• Ensuring client satisfaction as it relates to fulfillment of their insurance requirements.
  
  
• In coordination with other internal teams, determining appropriate reinsurance for risk placements.
  
  
• Leadership responsibilities - Lead and develop a team of Underwriters and Assistant Underwriters.
  
  
• Operational responsibilities - Oversight on submissions including applications, policy wording, inspection reports, loss runs, and financial reports.
  
  Controlling timely implementation of new and renewed accounts according to quality standards.
  
  Reviewing loss control reports and managing policy endorsement requests to process any necessary changes to the policy.
  
  
• Continuous improvement.
  
  

You will report to the Head of Specialty for Asia.

What you will BRING

We're looking for someone who has these abilities and skills:

• Bachelor's degree preferred and equivalent experience, policy development and broker management.
  
  
• Knowledge of functionality of systems including technical skills with Microsoft Office and other relevant systems.
  
  
• Ability to respond to a changing environment with flexibility and innovations.
  
  
• Ability to lead in accordance with AXA XL core values and culture.
  
  

• Leadership - Guide and influence others into a direction or decision that empowers them.
  
  Guides the strategic vison of a team and organization.
  
  

• Marketing - Effectively plan for sales and business development.
  
  Integrating the use of various techniques, tools, and information to support profitable business growth over a defined period.
  
  

• 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 with the intention of improving personal profile and reputation within AXA XL and the broader market.
  
  

• Industry Knowledge - Understanding of the insurance industry and specific product portfolios to positively impact the underwriting business.
  
  
• Strategy/Planning - Make underwriting decisions to fulfill business strategic plan and deliver results.
  
  Has knowledge of financial targets and levers in order to deliver on departmental business plan.
  
  
• Analytical Skills - Visualize, gather information, articulate, analyze and solve complex problems in order 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.

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

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.

At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success.

That's why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and 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 Charter

Learn more at AXA XL is an Equal Opportunity Employer.

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.

It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We're committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

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 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

Required Skill Profession

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