Location: New York,NY, USA
Product Manager - Inland Marine
New York, NY I Hartford, CT I Stamford, CT I Boston, MA I Chicago, IL I Atlanta, GA I Exton, PA I USA
AXA XL has recently launched a business unit focused on serving the needs of mid-sized customers and this unique opportunity drives the product management efforts for the critical Inland Marine business unit. This leader will have the opportunity to engage closely with the Middle Market leadership team to enable growth of our Inland Marine product line and ensure our coverages meet the needs of our broader middle market customer base. This leader will play a key role in driving the overall success of the Middle Market business unit and they will have the opportunity to lean into the broader product strategy decisions of the organization.
DISCOVER your opportunity
What will your essential responsibilities include?
* Work in close collaboration with Inland Marine UW leadership as well as broker partners to drive underwriting and product strategy to deliver growth across middle market business segment
* Consistently horizon scans the market for product differentiators, leading efforts to draft and implement new products, coverage forms, endorsements and manuscripts to help us win
* Drive underwriting strategy and risk selection through understanding of the competitive marketplace, preferred risk characteristics, lessons from loss trends, and competitor offerings
* Collaborate effectively with aligned Actuarial support and help drive key strategies to ensure competitiveness of pricing and the appropriate level of pricing sophistication to enable growth at profitable returns
* Manages statement of authority for Inland Marine team
* Provides consultations for field underwriters and approves large and complex Inland Marine risks.
* Manages CAT risk for the portfolio, which includes monitoring aggregates and implementing moratoriums.
* Establish robust working relationships with cross-functional groups including Claims, Compliance, Regulatory, Legal and other functions to engage and collaborate on issues related to the Marine Lines of business
* Serve as a though leader and industry expert for the Inland Marine Line of Business at AXA XL and represent us in market and at key industry events
You will report to the Head of Product & Analytics.
SHARE your talent
We're looking for someone who has these abilities and skills:
Required Skills and Abilities:
* Extensive Commercial Property & Casualty insurance experience in the field of product management, product development, underwriting or referral underwriting with a focus on the Construction and Transportation industry segments
* Required: a College Degree with relevant experience.
* Ability to communicate effectively with others, both verbally and in writing
* Team player who takes initiative and is able to work independently
* Excellent analytical skills
* Able to manage time, meet deadlines and adjust to competing priorities
* Understanding of the need for accurate and timely management information; effectively manages up and escalates issues that may impact business strategies or operational goals
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 92,500 - 182,000. 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).