Chief Underwriting Officer

• The CUO will lead the underwriting team of AXA PH’s GI business, overseeing the development and implementation of underwriting policies, guidelines, and strategies to ensure profitability and compliance.
• This position involves analyzing risk factors, setting pricing models, and ensuring that the AXA underwriting standards are maintained to achieve business objectives.
• The CUO will also collaborate with other AXA PH departments to align the underwriting practices with overall company goals.

• Develop and implement underwriting policies, strategies, and guidelines to achieve profitability and growth targets.
• Establish risk assessment standards for various lines of insurance, including property, casualty, liability, and specialty risks.
• Monitor market trends, competitor activities, and regulatory changes to adjust underwriting policies as needed.

• Evaluate high-value and complex insurance applications, approving or declining coverage based on risk assessment.
• Set guidelines for acceptance, rejection, or modification of coverage terms to maintain a balanced portfolio.
• Implement quality assurance practices to ensure adherence to underwriting standards and compliance requirements.

• Collaborate with actuarial and product development teams to set appropriate pricing models.
• Participate in the development of new insurance products and services, providing underwriting insight and risk assessments.

• Lead, mentor, and develop the underwriting team, ensuring continuous skill development.
• Set performance goals for the underwriting team and monitor progress toward these objectives.
• Foster a culture of risk awareness, accountability, and customer first within the team.
• Ensure that there will be a succession plan for the team.

• Ensure that underwriting practices comply with relevant laws, regulations, and company policies.
• Provide regular reports to the executive team on underwriting performance, trends, and areas for improvement.
• Coordinate with internal audit and regulatory bodies to address compliance issues or concerns.

• Bachelor’s degree in business, finance, insurance, or related field; professional insurance qualifications are preferred.
• Minimum of 10 years of underwriting experience in the GI industry, with at least 5 years in leadership role.
• In-depth knowledge of underwriting principles, risk management, and insurance regulations.
• Strong analytical and decision-making skills, with the ability to assess complex risks.
• Excellent leadership, communication, and interpersonal skills.
• Excellent with pricing models, reinsurance, and loss forecasting is a plus.

• Familiarity with insurance technology and software tools used in underwriting and risk assessment.
• Ability to lead organizational change and improve underwriting processes.

AXA