Underwriting Governance

Gurgaon, Haryana, India

Your role will encompass managing underwriting governance and control engagements at a regional level. This will broadly be around controls designed along the lines of defenses and handling topics such as underwriting rules and guidelines, statements of authorities, handling operational incidences, licensing and compliance topics, etc. Delivery of underwriting governance for APAC and Europe Chief Underwriting Office.

What you’ll be DOING

What will your essential responsibilities include?

• Internal Audit Management.
• Underwriting Review Management - Post-Bind Peer Reviews, Reviews by Global CUO.
• Internal Control – Facilitate control-evaluation and effectiveness testing.
• CBI Queries and Risk Mitigation Plans.
• Involvement in various projects spanning Regional and Global Governance.
• Regulatory reporting requirements.

You will report to Senior Manager, Transversal Underwriting Management APAC & Euro.

What you will BRING

We’re looking for someone who has these abilities and skills:

Required Skills and Abilities:

• Understanding of AXA XL system and processes, knowledge of Underwriting will be preferred.
• You are self-directed and capable of managing regional governance activities resilient.
• You are structured, organized and are able to think, act and communicate clearly/expertly.
• You possess good people management skills and are able to work within interdisciplinary networks and working groups.
• You have a track record of complex delivery, prioritization and strategic alignment.
• Proficiency in Microsoft Excel, including the ability to create, format, and manage spreadsheets; utilize formulas and functions, perform data analysis and visualization using PivotTables, Pivot Charts, and conditional formatting; manage large datasets efficiently; automate tasks with macros and VBA (Visual Basic for Applications); and ensure data accuracy and integrity.
• Efficient data management, reporting, and decision-making support across various business functions.
• Understand regulatory data requirements, collate relevant data from reliable sources.
• Collect, validate, and ensure the accuracy and completeness of data from reliable sources and advise stakeholders of issues for regulatory topics such as Licensing requirements for XLICSE branch, Consumer data etc.

Desired Skills and Abilities:

• Ability to collaborate effectively with cross-functional stakeholders.
• Attention to detail and a proactive approach to issue resolution.
• Engage with contributing stakeholders to compile and complete the regulatory requirements.
• Collate findings, responses and results for completing reports / updates to the external regulators (if any).
• Support remediation, monitoring, and reporting activities to address regulatory obligations.
• Ensure the timely, accurate, and complete submission of APAC and Europe regulatory reports within AXA XL.
• Continuously improve processes related to regulatory data collection, validation, and reporting.

Who WE are

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.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more at axaxl.com

What we OFFER

Inclusion

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 enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It’s 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 axaxl.com/about-us/inclusion-and-diversity.  AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

Sustainability

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. Our 2023-26 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. We’re 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. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led 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. We’re 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 XL’s “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 axaxl.com/sustainability.