Develop and distribute the technical underwriting guidelines and delegations of authority to the Commercial and Retail teams
Ensure the delegations of authority provide the governance authority to Underwriting whilst still providing speed to market and minimising bottlenecks
Provide subject matter expertise and be the escalation point for underwriting cases that are unique, complex or as per the delegations of authority
Ensure periodic underwriting file audits are completed as per the audit protocols to review files against the underwriting principles and delegations of authority
Ensure the appropriate governance is in place for technical underwriting
Projects & Governance
Contribute to GI Strategic Underwriting & Reinsurance BAU projects and AXA HK transformational projects as required.
Ensure the Underwriting & Reinsurance department meets legal, compliance and risk management requirements, formulating and executing action plans and escalating issues as required
Fulfil responsibilities on relevant committees to achieve business goals
Focus on technical Underwriting training for team members in commercial and retail teams.
Provide underwriting insight for new product development.
Contribute to the effective management of the GI P&L to drive top line and bottom line growth and to deliver the expected BU performance metrics, with particular focus on Underlying Results and Loss Ratio
Qualifications in business or finance with ACII or FCII accreditation preferred
At least 7 years' experience in general insurance , with strong knowledge of the industry's challenges and competitive landscape
Robust business acumen and understanding of the economics of an insurance business, in particular the profitability drivers.
Strong experience and in-depth knowledge of underwriting to develop effective technical underwriting principles and delegations of authority to drive profitability and minimise risk exposure
Strong interpersonal skills with the ability to build mutually beneficial internal and external relationships
Well-developed written and spoken English language skills
AXA Hong Kong, a member of the AXA Group, prides itself of serving over 1 million customers in Hong Kong and Macau. Besides being one of the largest health protection providers in Hong Kong, it is also the number 1 General Insurance provider1 and a market leader in motor insurance.
AXA Hong Kong is committed to helping its customers achieve stability and prosperity through providing a comprehensive range of life, health, property and casualty protection, as well as wealth management and retirement solutions. We believe it is our inherent responsibility to support the communities we operate in, hence creating a sustainable business via constant and considerable contribution in the dimensions of health, environment and the community.
AXA is an equal opportunity employer. We are committed to promote Diversity and Inclusion (D&I) by creating a work environment where all employees are treated with dignity, respect, and where individual differences are valued. We welcome and treasure diverse profiles to join our big family, and to build an inclusive culture together which allows everyone to maximize their personal potential