What are the responsibilities and job description for the Product Line Leader - Large Commercial position at XL Catlin?
Job Description - Product Line Leader - Large Commercial (78000079R1D20241206)
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Job Number :
Product Line Leader - Large Commercial (78000079R1D20241206)
DISCOVER your opportunity
A product manager is responsible for providing guidance to the business unit with direction from the Head of Product. They contribute to the design and development of new policies / procedures and ensure that the portfolio meets established underwriting best practices and quality objectives. A product manager drives and monitors underwriting policies, rules, guidelines, and peer review processes in conjunction with the business unit to achieve underwriting quality, profitability, and regulatory compliance goals. Product Managers are responsible for coordinating with regulatory services on internal and external information requests. They collaborate with the Global Chief Underwriting Office on research and strategy relating to emerging risks and exposure aggregation.
Tasks include but are not limited to creating, implementing, and monitoring underwriting best practices / quality audits; coordination with Business Unit on internal and external requests for information; and identifying training needs for business unit(s) and developing plans to address. Partnering with legal and other key stakeholders in policy language drafting & review.
What will your essential responsibilities include?
- Holds a high level of delegated underwriting authority for individual risk decisions. In partnership with the Product Leader and Chief Underwriting Officer, drives the strategy for referral triggers and ensures the right checks and balances are in place to enable profitable growth for the line of business. Given deep technical expertise in the space, may be consulted for account referrals on risks outside of the Americas region.
- Drives the overall product strategy for the Large Commercial UW unit in close partnership with the Large Commercial leadership team; ensures the competitiveness of our product and stays abreast of market trends and changes that may influence the evolution of our products; sets a regular cadence for regular and timely reviews and updates of our proprietary product set.
- Maintains a deep understanding of the Excess Casualty market and consistently scans the market to ensure our product set retains an industry-leading position and serves the evolving needs of our customer base.
- Partners closely with counterparts across AXA XL to understand our full suite of products, appetite and opportunities to introduce cross-sell options as well as innovative, integrated products that better address our client’s unique exposures.
- Provides a great deal of product line depth and understanding to liaise effectively with partners in other cross-functional units, including Risk Control, Claims, Legal, Regulatory & Compliance as well as Reinsurance.
- Helps develop talent within the Product Line team as well as across the Underwriting unit through thoughtful mentoring and coaching interactions.
- Drives the priorities for the Product Line team and works closely with Large Commercial UW leadership to influence the broader strategy of the Large Commercial UW unit.
- Drives the portfolio management of the Lead and Excess Casualty book of business, driving the audit process across the UW book, understanding loss considerations and helping the organization achieve financial and operational goals on an annual basis.
- As an industry thought leader for the Large Commercial, will represent AXA XL at key industry events and conferences alongside key broker partners, insureds, and potential prospects.
You will report to the Head of Product, Large Commercial.
We’re looking for someone who has these abilities and skills :
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.
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.
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.
The U.S. pay range for this position is USD 155,500 - 233,000. Actual pay will be determined based upon the individual’s skills, experience, and location.
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.
Location
US-CA-San Francisco
Other Locations
US-CA-Los Angeles, US-AZ-Scottsdale City
Job FieldSchedule
Full-time
Job Type
Standard
AXA XL is an Equal Opportunity Employer and does not discriminate against any colleague or applicant for employment on the basis of race, color, national origin, religion, sex, gender identity and / or expression, sexual orientation, age, disability, genetic information, veteran status, military status or any other category protected by local law.
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Salary : $155,500 - $233,000
