Head of Capacity Solutions
AXIS Capital · London
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.
Head of Capacity Solutions - Job Description
Job Family Grouping: AXIS Capacity Solutions – A new business unit initially reporting to Vince Tizzio, President and CEO
Job Family: Underwriting Leadership
How does this role contribute to our collective success?
AXIS is seeking a Head of Capacity Solutions to lead a new business unit, focussed on multi-line portfolio business via brokers and MGAs. This business will operate under the direction of the AXIS President and CEO, and be responsible for successfully assessing, onboarding, and managing multi-line portfolio business, whilst maximising the potential returns for AXIS. The selected candidate will lead the segment and be responsible for the end-to-end success of the business and operating model. This segment will be supported in its execution by a virtual team from across AXIS, including the CUO Office, Operations and Distribution.
What will you do in this role?
- Develop the business strategy and be responsible for its successful implementation.
- Lead prospecting for new multi-line portfolio opportunities with Brokers and MGAs.
- Overall responsibility for deal structuring, appraisal and execution.
- Develop the capital (cession) strategy, including prospecting for long-term capital providers, and capital structuring.
- Work with the CUO office to determine the optimal portfolio shape, mitigate clash, and seek to add diversification to the wider enterprise portfolio.
- Foster and manage the relationship with capital providers, distribution, and underwriting partners.
- Build and manage the AXIS Capacity Solutions team and develop a market leading capability.
- Partner with underwriting subject matter experts in the development and appraisal of new opportunities.
- Chair the Deal Committee which has shared responsibility for the approval of multi-line portfolio opportunities to the AXIS Group.
- Work with all functional departments to ensure an efficient operating model for Multi-line portfolio business
You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.
Successful Candidate Profile:
- At least 10 years of experience in a commercial or technical role in commercial lines (re)insurance.
- Bachelor’s or advanced degree in a highly analytical subject.
- Professional experience in (re)insurance industry performance and/or governance management role(s)
- Experience in building strong and effective relationships with colleagues and leadership with a proven ability to win confidence of business partners and influence outcomes.
- Experience in efficient deal structuring and portfolio assessment.
- Experience in and perspective on best practice operating models, governance and business unit performance frameworks.
- Strong attention to detail.
- Excellent verbal and written communication and negotiation skills.
- Ability to communicate complex concepts to all stakeholders.
- Ability to execute while partnering effectively with Operations, Technology, Claims and CUO functions.
- Ability to plan effectively and prioritise workload.
- Proven leadership skills, including developing and managing high performing teams.