GCUO - Cyber Direct Indirect
GCUO - Cyber Direct Indirect
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Job Description
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Were looking for someone who has these abilities and skills:
- Proven and established Cyber underwriting experience or underwriting experience in another area of expertise with a robust conceptual comprehension of data security privacy cyber and information risk.
- Exceptional organizational and time management skills.
- Ability to build a diverse global network.
- Excellent collaborative skills and ability to build virtual teams.
- Stellar interpersonal presentation written and verbal communication skills.
- The ability to demonstrate critical thinking decision making and problemsolving skills.
- The ability to travel approximately 30 of the time is anticipated on a global basis.
- A Bachelors degree or equivalent is desirable.
- Continuing education or professional designations in insurance underwriting and information privacy including Registered Professional Liability Underwriter (RPLU) Certified Information Privacy Professional and Chartered Property Casualty Underwriter (CPCU) are preferred but not required.
AXA XL the P&C and specialty risk division of AXA is known for solving complex risks. For midsized companies multinationals and even some inspirational individuals we dont just provide re/insurance we reinvent it.
How By combining a comprehensive and efficient capital platform datadriven 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
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. Thats 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. Its 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 AXA XL is an Equal Opportunity Employer.
Sustainability
At AXA XL Sustainability is integral to our business strategy. In an everchanging 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 202326 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. Were 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. Were building a net zero strategy developing insurance products and services and mobilizing to advance thought leadership and investment in societalled 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. Were 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 XLs 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 U.S. base salary range for this position is 230000 to 280000 USD.
AXA XL is a Global company. The salary range noted above is applicable only for US applicants. Actual pay will be determined based upon the individuals 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.
Global Chief Underwriting Officer Cyber Direct & Indirect
London UK New York Hartford or Stamford USA Paris France
AXA XL underwrites affirmative cyber insurance coverage to companies of all sizes. This class has been identified by AXA XL as an exciting growth area with excellent prospects for the Global CUO to increase their profile and advance their career.
As digital threats grow more sophisticated malicious and hard to detect our focus on innovation in providing tailored solutions to complex risks has earned AXA XL the reputation as a market leader. An increased dependence on technology brings increased vulnerabilities. Data breaches threaten the security of financial customer employee and other proprietary data and at any time a cyberattack can disrupt a companys operations.
The Global Cyber CUO will be a member of the Global CUO Financial Lines leadership team providing AXA XL with the ability to manage its cyber risk portfolio and exposure from an aggregated global product view. The role will be responsible for the rollout of a common framework for portfolio management with a grow fix or maintain approach which our 3 Regional Business Units will use to monitor and identify actions to take across the portfolio.
DISCOVER your opportunity
The key focus of the role will be to deliver on three main functions:
- Global Governance Standards / Rules & Guidelines: The GCUO Cyber will drive global underwriting and pricing standards internal governance and group wide standards to ensure compliance risk management and accountability within the underwriting processes.
- Operations: streamline and optimize operational processes to enhance efficiency and effectiveness in underwriting activities; including endtoend process reviews and redesign as well as being the liaison point for the platform team for items with a segmentwide impact such as systems strategy data governance etc.
- Innovation and Development: This includes product development and innovation including supporting the regional cyber underwriting and pricing teams and our Innovation and other corporate functions providing the support from the corporate insurance segment to further current and future innovation investments.
- Strategy: Through performance tracking and close interactions with the standalone cyber underwriting teams and all other teams that provide either affirmative or nonaffirmative cyber the goal is to influence the portfolio mix identify wherethere are opportunities for improved performance or opportunities for growth. Working with all parties involved there is an expectation that these different initiatives will result in the GCUO leading a coordinated plan to either develop and grow a business or alternatively remediate them while assisting in coordination with the other functional teams.
Major Responsibilities:
GCUO Cyber is responsible for the global view of the cyber peril and exposures; first party and third party in all lines of insurance.
Setting Underwriting Risk Appetite and Strategy Project lead for Underwriting strategy development communicating executing and monitoring global product strategies (Product Unit Strategy Documents) (with GCUO Financial Lines)
Governance Controls and UW Authorities Lead engagement with Global Underwriting Governance AXA Group Underwriting Office (GUO) and Group Risk Management on 1st Line of defense framework. Support GCUO Financial Lies with the implementation of 1st line of defense (pre and post bind reviews). Review and assess post Bind reviews 1st Line) Independent reviews 1.b. line) internal audit reports to continually improve the Underwriting Product Technical strategy and associated 1st Line of defense framework in conjunction with the GCUO Financial Lines.
Portfolio Management Support the GCUO Financial Lines in driving insights into the global portfolios and assist in efficient and effective reinsurance structures to manage out net position.
Using existing Mi e.g. Exec. Mi and Portfolio Mi; collate business Mi to support review and analysis discussions with Product CUO of Global/BU Financial performance.
Planning and Portfolio Performance Drive insights into the global portfolio to help improve profitability for the Global Product supporting the CUO and Practice Leader in deciding where they should expand and contract using the PMP Data. Support the Global Practice Leaders in handling the PAP process and encourage profitable product innovation.
Expert Network / Industry Verticals Support the GCUO Financial Lines in the development and effectiveness of an Expert Network strategy to ensure best practice is driven through the entire Product globally and drive best practice. Identification of Emerging Risks and formulating a Development of necessary responses.
Training and Technical Development Project lead for Technical Underwriting Training Syllabus strategy development and associated Technical Underwriting career path. Communicating with the BU using identified Technical Specialists as appropriate (with GCUO Financial Lines).
Innovation Support GCUO in the fostering of innovation culture within and across the Business in conjunction with BU CUO and AXA Cyber Center of Expertise (CCoE). Ensure new products go through the necessary AXA XL and AXA Group product sign off processes.
Client and Broker Engagement Work with GCUO Financial Lines and the product leadership team in the Regions to maintain robust strategic relationships with the broker network and coordinate with other lines of business and country managers.
Reports to: Global Chief Underwriting Officer Financial Lines AXA XL.
- Global Governance Standards / Rules & Guidelines: The GCUO Cyber will drive global underwriting and pricing standards internal governance and group wide standards to ensure compliance risk management and accountability within the underwriting processes.
Employment Type
Full-Time
