Head of Environmental Package Solutions - XL Group
New York, NY
About the Job
DISCOVER your opportunity
Head of Head of Environmental Package Solutions
New York, NY I USA
The Americas Middle Market segment is a newly defined underwriting unit within AXA XL’s Americas region. With a deep focus on starting with the client and tailoring solutions that matter most to our segment, this role will drive the development of a key product capability that is paramount to our broker partners and clients. Leveraging in an innovative mindset, this leader will lead the launch in market of a combined liability and environmental solution product capability and oversee the market launch and underwriting of this program. This leader will closely coordinate with key broker partners in this growing segment to validate hypotheses and ensure this market entry is a success fully capitalizing on the opportunity to address this client need. This role will also collaborate in partnership with our UW leaders across AXA XL, particularly Middle Market, to drive a cross-sell strategy that serves the holistic coverage needs of our clients and brings AXA XL products to bear. Following product launch, this leader will be a key driver of growth in this segment by building and developing a market-leading team of UW talent.
DISCOVER your opportunity
What will youressential responsibilities include?
- Develop a roadmap to drive new environmental solution to market in partnership with key supporting functions including Pricing & Actuarial, Legal, Claims and Compliance
- Develop the overall appetite and go-to-market strategy for aligned product set ensuring breadth of appetite allows to maximize and deliver profitable growth for the line of business
- Create strategic plans for the line of business, including identifying key broker partners for launch and long-term growth plans for the segment
- Meet regularly with key broker partners aligning on opportunities in market and develop an advisory council to continuously provide feedback on evolving market needs
- Make key underwriting hires to build well-rounded team with deep expertise in this area and mentor team members to develop talent and overall bench strength
- 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
- 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 Americas Middle Market Head of Product & Analytics.
SHARE your talent
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.
- Requires at least three years of 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; deep knowledge of standard P&C and the core Casualty lines, particularly general liability
- Ability to draft coverage form language and intimate knowledge of the product development cycle
- Understanding of rating and experience working closely with Actuarial to develop pricing strategies for unique coverages and exposures
- Demonstrated leadership and mentoring skills with the ability to obtain cooperation and participation of individuals and groups.
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 ataxaxl.com
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 ataxaxl.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 seeSustainability at AXA XL.
The U.S. pay range for this position is USD 230,000 – 270,000. 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 visitUS-Benefits-at-a-Glance_2023_US.pdf (myaxaxlbenefits.com).