Underwriting Governance Manager

AXA UK; London; On-site; GBP 40,000 - 60,000; Full time

Job summary

AXA UK is seeking a proactive underwriting support professional to join its CUO Office, enhancing the underwriting function's efficiency. This role offers significant personal growth opportunities through varied responsibilities and direct engagement with senior management, ideally suited for individuals with experience in insurance governance.

Benefits

Competitive Salary

30 days Annual Leave

Birthday Leave

10% Employer Pension Contribution

Private Health Insurance

Group Income Protection

Life Assurance Cover

Enhanced Parental Leave

Annual Health Check

Volunteer Leave

Learning & Wellbeing Budget

Qualifications

• Deep understanding of the mechanisms of the insurance industry.
• Experience in underwriting governance or related roles.
• Detail oriented with a keen analytical mind.

Responsibilities

• Support the Head of Underwriting Management with governance tasks.
• Provide support in developing and monitoring underwriting policies.
• Act as liaison between CUO Office and other functions.

Skills

Understanding of insurance industry

Documenting processes

Interpreting management information

Problem-solving skills

Communication skills

Organisational skills

Analytical mindset

Job description

This role sits within the CUO Office for Insurance which has a broad remit, focused on supporting both the Group Chief Underwriting Officer and the UK Chief Underwriting Officer. The CUO Office ensures the smooth operation of the overall underwriting function and assists in the implementation and execution of Convex’s underwriting-related strategies.

This role gives you the canvas to make an impact within the Insurance Underwriting function and gain significant insight into underwriting operation in Convex. This is a visible role reporting into the Head of Underwriting Management, allowing you plenty of opportunities for personal growth and development through increased exposure and responsibility.

Key Responsibilities

• Support the Head of Underwriting Management with a range of underwriting governance focused tasks and initiatives either from a Group, Entity or Lloyd’s Syndicate perspective.
• Provide support in the development, execution and monitoring of underwriting related policies, processes, and strategies.
• Use good judgment and discretion in providing administrative support and troubleshooting issues identified.
• Engagement with Heads of Business Groups, Lines of Business Heads and Underwriters to facilitate completion of tasks and ensuring key information is shared and disseminated.
• Act as liaison between the CUO Office and other functions within Convex.
• Represent CUO Office/Insurance Underwriting in Convex projects, working with relevant groups and committees as required.

Skills Knowledge and Expertise

• Deep understanding of the mechanisms of the insurance industry, with prior experience in either underwriting, underwriting governance or in a role which has required direct engagement with an underwriting function such as internal audit or another controls focused role within insurance.
• Experienced in documenting processes and procedures as well as making improvement recommendations.
• Capable of interpreting basic management information related to underwriting performance.
• Detail orientated with an analytical mind.
• Flexible and adaptable to change.
• Approachable personality with well-rounded communication skills.
• Keen on problem solving using your “can-do” attitude.
• A team player, with the ability to work independently as required.
• Good organisation and prioritisation skills.

Benefits

• Competitive Salary
• 30 days Annual Leave
• Birthday Leave
• 10% Employer Pension Contribution
• Private Health Insurance Medical Cover
• Group Income Protection
• Life Assurance Cover
• Enhanced Parental Leave
• Annual Health Check
• 3 days of Volunteer Leave each year
• 10 days of help with care (elder/ childcare) through Bright Horizons
• £1,300 to spend on learning & wellbeing
• Give as You Earn
• Cycle to Work
• Season Ticket Loan

About Convex Insurance

In 2019, Stephen Catlin and Paul Brand co-founded Convex with $1.7bn of initial committed capital to underwrite insurance and reinsurance for complex specialty risks. The company has since received an A.M. Best rating of A (Excellent) and regulatory approval to operate in London, Bermuda, Luxembourg and United States.

We have also welcomed leaders in their fields from across the insurance industry, bringing a diversity of thought and approach.

We live our values in every facet of our business:

Earn our reputation

Everything we do affects how others see us. Our success depends upon our reputation, for which all of us share responsibility.

Straightforward and fair

We tell it like it is, with fairness, dignity and respect. We strive to do the right thing always, however hard it seems.

Determined to improve

However good we are, we are not complacent. We know we can always be better and we never stop trying to improve.

Inspired by opportunity

We come to the market and to every client engagement without baggage. There is no limit to what we can achieve together.

Enjoy being different

We feel positive about change and we are not afraid to try new things in our quest for a better way for clients, stakeholders and colleagues to do business.