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65 AXA Business Services Jobs

Underwriting Manager

2-6 years

Mumbai

1 vacancy

Underwriting Manager

AXA Business Services

posted 4mon ago

Job Description

  • As Underwriting Manager of the India Reinsurance Branch, you will set the strategy and direction for the team around industry and geographic segmentation aligned to Asia Strategic plan, AXA XL pricing and underwriting guidelines, distribution strategy and product offering.
  • You will perform the role of Chief Underwriting Officer which is a Key Management Position regulated under the Insurance Regulatory and Development Authority of India (IRDAI) and is also a regulated role under the Central Bank of Ireland s Fitness and Probity regime. As a Key Management Personnel (KMP), you will also be a member of the branch executive committee which is responsible for formulating the overall strategy and direction as well as overseeing the management of the branch.

What will your essential responsibilities include?

  • Work closely with the Chief Executive Officer to re-establish AXA XL reputation and presence in India.
  • Develop and implement underwriting strategies, ensure sound underwriting practices, manage risk exposure and drive profitable growth.
  • Oversee the underwriting process and ensure adherence to underwriting guidelines and regulatory requirements.
  • Manage risk exposure by evaluating and pricing insurance policies appropriately.
  • Lead and mentor underwriting teams, providing guidance and training to ensure high performance and development.
  • Work closely with product heads in Asia to leverage expertise, drive business growth and innovation.
  • Monitor underwriting results and performance, identifying areas for improvement and implementing corrective actions.
  • Stay updated on industry trends, market conditions and regulatory changes to inform underwriting decisions and strategies.
  • Foster strong relationships with reinsurance partners and underwriting agencies to optimize risk management and capacity.
  • Drive growth through effective planning and execution, identify new markets and further develop existing markets.

We re looking for someone who has these abilities and skills:

  • Established Underwriter with proven experience in underwriting leadership within the insurance, in general insurance or reinsurance industry preferred. In-depth knowledge of regulatory requirements and compliance standards.
  • Leadership: Role model by setting a high bar for performance, engagement and commitment. Well experienced in managing a team. Takes initiative and has the ability to lead independently, as well as inspiring success and advancing talent and culture.
  • Excellent verbal and written communication and influencing skills. Able to communicate effectively with internal and external stakeholders at all levels of sophistication. Ability to work in a changing environment and navigate the matrix organization.
  • Collaborative: Ability to develop and maintain productive working relationships with internal and external stakeholders in country, Asia and the Business Unit. Capable of working and collaborating with a virtual team and providing guidance and seeking input from others as needed to achieve the best result possible.

Employment Type: Full Time, Permanent

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People are getting interviews at AXA Business Services through

(based on 56 AXA Business Services interviews)
Job Portal
Referral
Walkin
Company Website
Recruitment Consultant
48%
18%
14%
4%
2%
14% candidates got the interview through other sources.
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What people at AXA Business Services are saying

Underwriting Manager salary at AXA Business Services

reported by 1 employee with 2 years exp.
₹2.7 L/yr - ₹3.5 L/yr
64% less than the average Underwriting Manager Salary in India
View more details

What AXA Business Services employees are saying about work life

based on 1.4k employees
51%
88%
70%
86%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

AXA Business Services Benefits

Cafeteria
Health Insurance
Team Outings
Soft Skill Training
Job Training
Work From Home +6 more
View more benefits

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