Head of Capacity Solutions

AXIS Capital; Greater London; On-site; GBP 90,000 - 120,000; Full time

Benefits offered by this job

Medical plans for employees and their families

Health and wellness programs

Retirement plans

Tuition reimbursement

Paid vacation

Job summary

AXIS Capital in Greater London is seeking a Head of Capacity Solutions to lead a new business unit focusing on multi-line portfolio business via brokers and MGAs. This role requires at least 10 years of experience in the (re)insurance industry and strong leadership skills.

The selected candidate will manage deal structuring and relationships with capital providers while developing a strong team. AXIS offers a competitive benefits package including medical plans and retirement plans.

Qualifications

• 10+ years of experience in a commercial or technical role in (re)insurance.
• Experience in effective deal structuring and portfolio assessment.
• Strong attention to detail and ability to communicate complex concepts.

Responsibilities

• Develop and implement the business strategy for AXIS Capacity Solutions.
• Lead prospecting for new portfolio opportunities with brokers and MGAs.
• Overall responsibility for deal structuring, appraisal, and execution.
• Manage relationships with capital providers and underwriting partners.

Skills

Leadership

Communication skills

Deal structuring

Relationship management

Analytical skills

Education

Bachelor’s or advanced degree in a highly analytical subject

Job description

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture.

All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.

Head of Capacity Solutions – Job Description

Job Family Grouping: AXIS Capacity Solutions – a new business unit initially reporting to Vince Tizzio, President and CEO. Job Family: Underwriting Leadership.

How does this role contribute to our collective success?

AXIS is seeking a Head of Capacity Solutions to lead a new business unit focused on multi‑line portfolio business via brokers and MGAs. This business will operate under the direction of the AXIS President and CEO and be responsible for successfully assessing, onboarding, and managing multi‑line portfolio business while maximizing the potential returns for AXIS. The selected candidate will lead the segment and be responsible for the end‑to‑end success of the business and operating model. This segment will be supported in its execution by a virtual team from across AXIS, including the CUO Office, Operations and Distribution.

What will you do in this role?

• Develop the business strategy and be responsible for its successful implementation.
• Lead prospecting for new multi‑line portfolio opportunities with brokers and MGAs.
• Overall responsibility for deal structuring, appraisal and execution.
• Develop the capital (cession) strategy, including prospecting for long‑term capital providers, and capital structuring.
• Work with the CUO office to determine the optimal portfolio shape, mitigate clash, and add diversification to the wider enterprise portfolio.
• Foster and manage relationships with capital providers, distribution, and underwriting partners.
• Build and manage the AXIS Capacity Solutions team and develop a market‑leading capability.
• Partner with underwriting subject matter experts in the development and appraisal of new opportunities.
• Chair the Deal Committee, which shares responsibility for the approval of multi‑line portfolio opportunities to the AXIS Group.
• Work with all functional departments to ensure an efficient operating model for multi‑line portfolio business.
• You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.

Successful Candidate Profile

• At least 10 years of experience in a commercial or technical role in commercial lines (re)insurance.
• Bachelor’s or advanced degree in a highly analytical subject.
• Professional experience in (re)insurance industry performance and/or governance management role(s).
• Experience building strong and effective relationships with colleagues and leadership with a proven ability to win confidence of business partners and influence outcomes.
• Experience in efficient deal structuring and portfolio assessment.
• Experience and perspective on best practice operating models, governance and business unit performance frameworks.
• Strong attention to detail.
• Excellent verbal and written communication and negotiation skills.
• Ability to communicate complex concepts to all stakeholders.
• Ability to execute while partnering effectively with Operations, Technology, Claims and CUO functions.
• Ability to plan effectively and prioritise workload.
• Proven leadership skills, including developing and managing high performing teams.

Benefits

We offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.

Rewarding. Challenging. Meaningful.

We are shaping the direction of insurance and reinsurance during a critical and exciting time for the industry. Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you.