What are the responsibilities and job description for the Head of ILS Business Development position at axiscapital?
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 ILS BUSINESS DEVELOPMENT
KEY RESPONSIBILITIES
AXIS ILS is looking to expand its team to include an individual that will play an integral role in:
- Leading and developing the global strategic distribution and marketing plan to generate new investor relationships for AXIS ILS.
- Identification of target investors, development of relationships, and overseeing the resulting diligence process leading to successful capital raising from institutional investors.
- Managing the existing investor relations management team and capital invested in property catastrophe sidecars, catastrophe bonds, joint ventures and other ILS structures.
- Supporting the Global Head of AXIS ILS in the development of the AXIS ILS strategy and the annual plan supporting achievement of the strategy.
- Creating and capitalizing ILS vehicles through collaboration with segment and group underwriting teams to build diversified portfolios of underwriting risks balancing investor objectives with AXIS’ underwriting objectives
- Coordinating with Finance, Reserving, Operations, Legal and other internal and external partners to ensure appropriate investor servicing processes are established and maintained.
REQUIRED EDUCATION/TRAINING & EXPERIENCE
- Bachelor’s Degree required. CFA, MBA preferred.
- Experience working in a senior role at investment manager / investment fund
- Typically requires at least 7-10 years’ experience successfully sourcing, managing and winning investor RFPs to raise private capital from institutional investors including sovereign wealth, fund of funds, large asset managers, PE, HF, credit funds
- Familiar with the organization, structure and launch of SPVs and funds
- Desire to represent AXIS as industry panel and conference speaker
- Experience in ILS and catastrophe reinsurance
- Knowledgeable about private placement marketing regulations, and ensuring the adherence to a strong compliance environment
- Impeccable presentation skills and executive presence
- Ability to design and populate top quality marketing materials
- Proven to source, manage and win investor RFPs and mandates
OTHER DESIRED SKILLS & CHARACTERISTICS:
- Experience in the insurance sector and ILS modeling
- Strong client focus and organizational skills
- Ability to interact effectively as a member of a team and work collaboratively
- Excellent verbal, written and interpersonal communication skills
- Demonstrated attention to detail and accuracy
- Self-starter with a strong work ethic and an ability to solve problems independently
