Head of Ceded Re - North America - Axis Capital Holdings
Red Bank, NJ
About the Job
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. As a member of AXIS, you join a team that is among the best in the industry.
At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.
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.
How does this role contribute to our collective success?
AXIS Capital is a well-known underwriting organization and a respected reinsurance buyer. This role is an opportunity to contribute to AXIS Capital’s gross and net profitability in a Senior Leadership role. The role has significant profile internally and externally given diverse lines of business written and ceded from AXIS Capital’s London and European offices.
In this role, the Head of Ceded Reinsurance (North America) leverages their strong knowledge of specialty, property and casualty lines of business and broad broker and reinsurer networks to inform strategy and execution in support of AXIS Capital’s gross and net portfolio. The Head of Ceded Reinsurance (North America) actively engages internally across lines of business and disciplines to support best execution of outwards placement process and relationship management on behalf of AXIS.
The Head of Ceded Reinsurance (North America) would manage and be responsible for talent development of a team in AXIS Capital’s NYC office. The Head of Ceded Reinsurance (North America) would also engage within the CUO office to support portfolio optimization. The Head of Ceded Reinsurance (North America) would be subject to governance on reinsurance purchasing via a panel of senior and executive leadership. The Head of Ceded Reinsurance (North America) would support regulatory compliance and reporting requirements in the role.
The Head of Ceded Reinsurance (North America) would report to Global Head of Ceded Reinsurance (located in NYC) and regularly interact and collaborate with colleagues in Ceded Re’s London location on shared interests and relationship management.
What will you do in this role?
- Accountable for placement outcomes that should meet AXIS agreed objectives and be compliant with AXIS governance and regulatory requirements.
- Manage a local team located in New York City/Area office.
- Manage reinsurer relationships and broker relationships locally and in collaboration with AXIS executive leadership, Global Head of Ceded Re, and London located colleagues.
- Actively and personally manage placement process for placements with larger subject premiums or profile with support of NYC/New York area based team and engagement with London business colleagues to assure best execution.
- Regularly engage internally with business colleagues and externally with local relationships to provide perspective to AXIS Capital regarding outwards products available.
- Prepare and present presentations to governance committees and as required on ad hoc basis.
You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.
About You:
We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences, we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.
What you need to have:
- Strong knowledge of property & casualty and specialty lines written in North America market.
- Broad network of relationships in North America market with brokers and reinsurers.
- A minimum of 10 years of Reinsurance buying, underwriting, or pricing related experience
- Strong knowledge of reinsurance structures and application considerations.
- Ability to present complex information to leadership in a compelling manner
- Ability to have productive engagement with colleagues in CUO office, within Ceded team, with businesses, and senior and executive leadership.
- Ability to apply advanced expertise and professional concepts in novel ways, bringing new expertise to the organization.
- Ability to review and identify drafting requirements in respect of reinsurance contract wording.
- Ability to deliver outcomes that reflect stakeholder interests at business and group level.
- Ability to roll up sleeves and diligence details or expedite placement activities in order to get to best execution.
- Excellent communicate (both written and verbal)
- Excellent interpersonal skills and emotional intelligence
- Strong negotiation skills
What we prefer you to have:
- Management experience
Role Factors:
In this role, you will typically be required to:
- Be in the office 3 days per week
- Domestic and International travel required
- Ability and willingness to work outside normal office hours
What we offer:
What we offer:
For this position, we currently expect to offer a base salary in the range of $275,000 to $350,000 base.Yoursalary offer will be based on an assessment of a variety of factors includingyour specific experience and work location.
In addition,you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this,you will be eligible fora comprehensive and competitive benefits package which includes medical plans foryou and your family, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.
Where this role is based in the United States of America, this role isExemptfor FLSA purposes.
