Chief Executive Officer Full Time

The CEO of the North America Reinsurance business (“AXA XL Re NA”) will be based in Stamford, Connecticut and will have responsibility for developing and delivering the strategy for North America in alignment with the strategy set for the Reinsurance Business within the AXA XL Division of the AXA Group. AXA XL NA is part of the Reinsurance business unit within the AXA XL Division of the AXA Group; its strategy will be set, and its operations will continue to be managed in the context of that broader organization.

DISCOVER your opportunity
What will your essential responsibilities include?

• The CEO will report to the Chief Executive, Reinsurance and contribute to the longer-term strategy and vision of the Reinsurance business by playing an active role as member of its Leadership Team
• The CEO will be responsible for operating an effective integrated reinsurance business, working in collaboration with colleagues across the Reinsurance business to bring products to market and seeking to ensure profitably.
• Drive and manage all aspects of the AXA XL Re NA organization in accordance with the strategy of the Reinsurance BU while being accountable for the achievement of the P&L also by managing direct costs and expenses.
• Submitting and presenting reports to the Board of XL Reinsurance America Inc and the AXA XL RE Underwriting Committee on a regular basis, including coverage of but not limited to: performance against plan, strategy updates, governance and the monitoring of new business initiatives.
• Responsible for all drivers of profit and loss within AXA XL Re including revenue management on a gross and net level and expense management across business acquisition and operating expenses.
• The CEO role plays a pivotal part in ensuring that responsibilities are clearly allocated to enable the effective running of the business. The individual must at all times be fit and proper and comply with regulatory prudential and conduct standards.
• Responsible for overseeing the recruitment and retention of key staff. This includes providing leadership, guidance and motivation to maintain a productive, efficient and competent workforce and ensuring that the local functions are sufficiently resourced, and that appropriate governance is maintained through policies, procedures, reviews, audits and training.
• Determine and delegate underwriting authority levels and guidelines within AXA XL Re NA underwriting community. Review and approve relevant underwriting decisions to ensure compliance with underwriting guidelines, legal requirements and organizational, business and strategic objectives.
• Responsible for the Legal Entity business that will achieve sustained top quartile underwriting performance including innovation and new offerings, pricing, risk appetite and capital allocation within the product portfolio.
• Responsible for the overall operations – executing on the Legal Entity business plans and the day-to-day operations, ensuring that execution is consistent with the agreed risk appetites, ensuring good governance and culture and the Board as well as Reinsurance leadership are kept appraised of performance and developments.

SHARE your talent

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

• A robust knowledge of the reinsurance industry in the United States combined with in depth knowledge of reinsurance products offered by the Reinsurance BU to its clients.
• Leadership skills with an ability to work collaboratively with colleagues
• Interpersonal Communication: Excellent verbal and written communication and influencing skills. Ability to communicate effectively with internal and external stakeholders.
• Desire and ability to work unsupervised with a keenness to get things done and take responsibility for actions.
• The ability to work in an international, multicultural environment within financial services.
• Ability to manage multiple priorities

FIND your future
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.

Inclusion & Diversity
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. That’s 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. 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.

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.

The U.S. base salary range for this position is $420,000 to $450,000 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 individual’s 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.

C1EO