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The Head of MAXIS Reinsurance Portfolio will be responsible for managing the MAXIS Central Reinsurance Portfolio in all its dimensions: underwriting, actuarial, legal and compliance, with full accountability on its financial results (P&L responsibility). They will also handle the relationship with our partner, MetLife, and with MAXIS GBN, our 50/50 JV with MetLife. The objectives will be to steer profitability and manage the risks pertaining to this portfolio within AXA Healthcare International to maximise its value for AXA; (GWP, UE, technical result, financial income.) Guide the value generated by MAXIS within AXA Members (local entities) and support them in maximising this value whilst managing the relationship with MetLife and MAXIS GBN to ensure an alignment is reached on shared topics.
Job Responsibility
Oversee delegation to MAXIS GBN, review underwriting cases outside delegation, contribute to writing/validation of legal documents
Review of Maxis underwriting framework, including risk appetite and guidelines
Coordinate AXA’s interactions within the MAXIS ecosystem to set and agree targets & monitor achievement
Embark AXA Health employees into MAXIS topics, building understanding of MAXIS business within AXA Health and engaging virtual teams to contribute to actively managing the MAXIS portfolio
Accountable for ensuring the MAXIS portfolio is managed in accordance with all legal, compliance and regulatory requirements
Manage the MAXIS Central Reinsurance Portfolio in all its dimensions: underwriting, actuarial, legal and compliance
Requirements
Demonstrable experience in a (re)insurance company or group, either in Finance, Risk Management, or Underwriting
Good understanding of underwriting practices and pricing of Life & Health EB products ideally in several countries and of insurance/reinsurance contracts from a business and legal standpoint
Good knowledge of Solvency II metrics and regulation (with a specific focus on UK regulation)
Engaging leadership with strong influencing ability to embark teams and manage deliverables through indirect management
Ability to interact with a wide range of correspondents at various levels of management including senior executives of AXA Healthcare International and Board members internally, and external partners (Metlife in JV relationship) regulators and public authorities externally
Politically astute navigating stakeholder groups, with the ability to build strong relationships and business partnering
Ability to work autonomously and lead a virtual cross functional team (indirect management)
Proven high reliability, quality and timeliness of deliverables with project management capabilities