Underwriting Manager, Financial Lines Brooklyn

AXA; Melbourne; Hybrid; AUD 180,000 - 230,000; Full time

Job summary

AXA XL in Melbourne seeks an Underwriting Manager, Financial Lines to lead a team across Melbourne and Sydney, directing strategic planning, pricing discipline, and broker relationships for PI, IT, Cyber, Management Liability and Financial Planners.

You will mentor staff, drive product and systems innovation, supervise day-to-day underwriting operations and collaborate with AXA XL IFL colleagues to meet annual targets while upholding our standards of service and compliance in line with the

Qualifications

• Bachelor’s degree preferred with equivalent experience.
• 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 - 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.

Responsibilities

• Lead strategic planning and operations for Brooklyn’s International Financial Lines division across Melbourne and Sydney.
• Manage broker relationships and drive business development with distribution support.
• Mentor Regional Managers & Senior Underwriters; set clear goals and foster a collaborative culture.

Skills

Technical knowledge

Independent work

Flexibility

Negotiation

Interpersonal savvy

Industry knowledge

Strategy/Planning

Analytical skills

Education

Bachelor's degree or equivalent

Job description

Underwriting Manager, Financial Lines Brooklyn

Melbourne, Victoria

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 team work, 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

Required Skills and Abilities:

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

• 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. 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 Brooklyn Underwriting and AXA 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 the business strategic plan and deliver results. Has knowledge of the financial targets and levers to deliver on departmental business plan.

• 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.

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

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 axaxl.com/about-us/inclusion-and-diversity. 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 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/sustainability.