Senior Product Line Leader – Environmental
Publication date:
17 October 2024Workload:
100%Contract type:
Unlimited employment- Place of work:EXTON
Head of Forms
New York, NY | Stamford, CT | Hartford, CT | Boston, MA | Chicago, IL | Exton, PA | Philadelphia, PA | USA
The Environmental segment represents a key growth unit within the newly organized Americas Middle Market segment and this Product Line Leader and Manager will play an important role in setting the product line strategy and delivering the right capabilities to capitalize on this growth opportunity. This leader will mentor other product line members and underwriters on evaluating environmental risk and structuring deals that meet our client’s unique needs while ensuring profitable growth for the underwriting unit. This leader will cultivate a culture geared towards a growth mindset and innovation, where through close partnership with our underwriting teams and key broker partners, we deliver a best-in-class product set that enhances AXA XL’s trajectory as an industry leader in the Environmental marketplace. This role will also have the unique opportunity as a leader within the Americas Middle Market Product team to contribute and influence the overall strategic plans as we look to expand our broader product portfolio.
DISCOVER your opportunity
What will your essential responsibilities include?
· Holds a high level of delegated underwriting authority for individual risk decisions. In partnership with the Environmental CUO, drives the strategy for referral triggers and ensure the right checks and balances are in place to enable profitable growth for the line of business. Given deep technical expertise in the space, may be consulted for account referrals on Environmental risks outside of the Americas region
· Drives the overall product strategy for the Environmental UW unit in close partnership with the Environmental leadership team; ensures the competitiveness of our product and stays abreast of market trends and changes that may influence the evolution of our products; sets a regular cadence for regular and timely reviews and updates of our proprietary product set
· Maintains a deep understanding of the Environmental market and consistently scans the market to ensure our product set retains an industry leading position and serves the evolving needs of our customer base
· Partners closely with counterparts across AXA XL to understand our full suite of products, appetite and opportunities to introduce cross-sell options as well as innovative, integrated products that better address our client’s unique exposures
· Provides a great deal of product line depth and understanding to liases effectively with partners in other cross-functional units, including Risk Control, Claims, Legal, Regulatory & Compliance as well as Reinsurance
· Helps develop talent within the Product Line team as well as across the Underwriting unit through thoughtful mentoring and coaching interactions
· Drives the priorities for the Product Line team and works closely with Environmental UW leadership to influence the broader strategy of the Environmental UW unit
· Drives the portfolio management of the Environmental book of business, driving the audit process across the UW book, understanding loss considerations and helping the organization achieve financial and operational goals on an annual basis
· Serves as a key leadership member of the Americas Middle Market Product team and help shape and influence strategic plans across the broader Middle Market product portfolio
· As an industry thought leader for the Environmental space, will represent AXA XL at key industry events and conferences alongside key broker partners, insureds, and potential prospects
You will report to the Head of Middle Market Data Analytics & Product.
SHARE your talent
We’re looking for someone who has these abilities and skills:
· Extensive Commercial Underwriting and/or technical experience with the vast majority of that time focused on the Environmental lines of business.
· This role requires some prior people management experience
· BA/BS degree or equivalent; key insurance designations such as CPCU, RPLU, or ARM
· Deep experience working externally within the environmental market with established broker relationships
· Extensive knowledge and expertise of the technical aspects of Environmental and Pollution lines Underwriting with the ability to translate that experience into thorough Technical UW guidelines and training modules
· Demonstrated leadership and mentoring skills with the ability to obtain cooperation and participation of individuals and groups.
· Ability to draft coverage form language and intimate knowledge of the product development cycle
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 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.com
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’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 Charter
Learn 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 Sustainability at AXA XL.
The U.S. pay range for this position is $133,000-$233,000. 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.
At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers. For more details about AXA XL’s benefits offerings, please visit US-Benefits-at-a-Glance_2023_US.pdf (myaxaxlbenefits.com).