Head of Underwriting Management - Cyber and Technology , West Coast(
Job Number:
11003056D20240104)
Flexible Work Eligible: None
DISCOVER your opportunity
Head of Underwriting Management- Cyber and Technology E&O
Los Angeles, CA I USA
In this role you will work closely with the US Cyber and Tech CUO to drive the business unit’s underwriting strategy nationally, ensuring consistency across regional cyber business units, and providing guidance on global cyber strategy decisions. You will enforce global underwriting guidelines, develop US market-specific underwriting guidelines, manage projects to improve operational efficiencies, and centralize and evaluate common language and endorsement requests. Additionally, you will collaborate with various teams, including Claims Practice and Underwriting, to evaluate loss trends, research and release regulatory updates and guidance, and actively promote the AXA XL Cyber and Technology brand through various channels and industry events.
DISCOVER your opportunity
What will your essential responsibilities include?
National Cyber and Technology Underwriting Strategy and Product Management:
- Drive the cyber and technology underwriting strategy nationally for the US team, aligning it with the overall business objectives.
- Develop market-specific underwriting guidelines for cyber and technology risk issues specific to the US market, incorporating regulatory requirements and industry trends.
- Centralize and evaluate common language and endorsement requests and responses to streamline processes and maintain consistency.
- Evaluate Insuring Agreements and Endorsements based on loss history, analyzing trends, and identifying areas for improvement.
- Coordinate with the Claims Practice team to identify loss trends in the US, providing insights and recommendations for underwriting adjustments.
- Research and release relevant updates and guidance on regulatory developments and current events affecting the cyber and technology insurance market.
- Update and tailor application materials as needed to ensure they align with regulatory requirements and market trends.
Global Central Underwriting Office Coordination:
- Enforce global underwriting guidelines across the US cyber and technology team to ensure consistency and adherence to established standards.
- Collaborate with the global central underwriting office to ensure consistency across regional cyber business units.
- Provide insights and guidance on global cyber strategy decisions based on market knowledge and expertise.
Operational Efficiencies and Project Management:
- Identify opportunities to improve operational efficiencies within the underwriting process and manage projects to implement enhancements.
- Work closely with actuarial, data science, innovation, and operational to drive and implement a variety of projects to support the profitability and growth goals of the US Cyber and Technology business
Thought Leadership and Brand Promotion:
- Actively promote the AXA XL Cyber and Technology brand through publications, social media, and industry events, managing conference sponsorships and participation.
- Innovative Approaches and Thought Leadership:
- Organically develop new ways of quantifying, evaluating, and insuring cyber and technology risks, staying at the forefront of industry advancements.
- Collaborate with the Underwriting team on speaking engagements and attendance at industry conferences, showcasing thought leadership in the field.
You will report to Head of Cyber and Technology Underwriting, Americas.
SHARE your talent
SHARE your talent
We’re looking for someone who has these abilities and skills:
- Extensive Cyber and Technology Underwriting/Managerial experience with an effective conceptual comprehension of data security, privacy, cyber and information risk.
- Exceptional organizational and time management skills with the ability to perform accurate mathematical calculations.
- Outstanding collaborative skills in a fast-paced team-centric environment.
- Excellent interpersonal, presentation, written and verbal communication skills.
- The ability to demonstrate critical thinking, decision making, and problem-solving skills.
- The ability to travel a minimum of 15% of the time is anticipated.
- A bachelor’s degree is required.
- Continuing education or professional designations in insurance underwriting and information privacy.
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 USD 211,000 – 260,000. 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).
AXA XL is an Equal Opportunity Employer.
Location
:US-CA-Los Angeles
Work Locations
:
US CA Los Angeles 725 So. Figueroa Street
725 South Figueroa Street Suite 4000
Los Angeles 90017
Job Field
:Underwriting
Schedule
:Full-time
Job Type
:Standard
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