Underwriting Manager, Commercial Bond

Underwriting Manager

The Underwriting Manager will lead an underwriting team that owns the sales and underwriting relationship for commercial bonds books of business. Primary focus of this role is on broad territory management, which includes relationship, underwriting and expense management. This role develops and maintains business relationships with agencies and/or brokers for the purpose of sales growth and distribution expansion, and independently underwrites accounts based on authority level granted to the role and underwriting appetite.

Essential responsibilities include monitoring market conditions and confirming information gathered within market space. Analyzes performance of portfolio as well as individual account performance and develops appropriate action to drive profitable growth based upon the analysis. Reviews and approves underwriting decisions of staff and ensures compliance to legal requirements and organizational, business and strategic objectives. Works with other members of the PRCB team, Specialty and P&C to develop and pursue cross selling opportunities. Determines priorities and workflow standards for the department. Plans, develops and integrates territory sales plans to achieve top and bottom line objectives. Communicates strategic direction and operational plans to external partners. Communicates policies, procedures, and financial budgets that result in attainment of business objectives. Develops and maintains robust business relationships with key groups and individuals within the commercial lines market. Develops customer service standards for commercial bond team. Drives customer service performance to established standards. Works in partnership with fellow leaders to manage the training of employees and to ensure a high degree of competency and professionalism. Sets operational expectations, goals and strategies.

You will report to Head of Commercial Bond.

We're looking for someone who has these abilities and skills: Extensive experience in commercial or contract surety or related underwriting experience preferred. Requires advanced knowledge of contract and/or commercial surety operations products, procedures and practices Expertise in bond lines of business, ratings, customer environment and markets. Requires extensive knowledge of bond underwriting best practices, field underwriting operations and day-to-day underwriting operational needs. Undergraduate degree in business, insurance, or a related field preferred. License/Certification/Designation: Actively pursuing of AFSB, CPCU or other insurance/finance related certification desired. Significant business management and people leadership experience desired. Excellent verbal and written communication skills in order to disseminate vision of senior leadership and to motivate a large agency force. Ability to set work priorities and to initiate, evaluate and recommend solutions to upper management. Demonstrated decision-making ability required in day-to-day operations and recommending solutions to customer. Must have the ability to perform duties with independent judgment, with underwriting authority and company underwriting standards.

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.