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Underwriting Manager – Programs – Property and Casualty

Underwriting Manager – Programs – Property and Casualty

CompanyAxis Capital
LocationNew York, NY, USA
Salary$230000 – $280000
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior, Expert or higher

Requirements

  • Deep expertise in P&C package products to include coverage, policy construction, and rating.
  • Familiarity with ISONet and navigating the Commercial Lines Manual
  • Direct experience in underwriting and managing Delegated Underwriting Authority (PAs, MGAs, MGUs).
  • At least 8 years of experience in underwriting Commercial P&C in higher risk segments of business.
  • Ability to negotiate contracts, develop business plans, and manage external & internal stakeholders in the deliverance of business plans.
  • In-depth financial and underwriting understanding of programs business, with the ability to assess and develop financial projections and forecasts on existing and prospective programs.
  • Intermediate skills in Excel, PowerBI, PowerPoint, and Word.

Responsibilities

  • Responsible for product management for P&C package products across programs, including those that you do not directly manage, in consultation with internal stakeholders and adjacent product managers.
  • Evaluate and approve P&C product development and rate/rule/form changes within the department. Supervise filings and regulatory compliance with internal stakeholders.
  • Determine product competitiveness, pricing efficacy and market acceptance for P&C products.
  • Overall management of assigned programs, to include responsibility for development, implementation, and monitoring of business plans, coordination of AXIS resources, and achievement of financial goals.
  • Manage delegated underwriting authority for assigned programs by maintaining program management agreements and underwriting guidelines. Conduct routine underwriting and rate/rule/form audits to ensure compliance.
  • Underwrite P&C package referral accounts across the department, leveraging internal resources when appropriate.
  • Identify and deliver expansion of AXIS product offering with existing programs.
  • Train fellow Program Underwriting Managers with responsibility for programs with P&C package products on best-in-class underwriting strategy.

Preferred Qualifications

  • Prior leadership experience
  • Ability to effectively interact at all levels of internal and external business partners
  • Ability to bring order to a dynamic and ambiguous environment
  • Sense of urgency and a “can do” attitude
  • Ability to collaborate and mindfully communicate in a matrixed organization
  • Bachelor’s degree
  • Industry Accreditations including AU, or CPCU