Head of Energy Transition, Americas
Dallas, TX I Houston, TX I Scottdale City, AZ I Monterey, CA I Los Angeles, CA I San Francisco, CA I Walnut Creek, CA I Denver, CO I Hartford, CT I Stamford, CT I Washington, DC I Atlanta, GA I Chicago, IL I Bloomfield, NJ I Morristown, NJ I Dublin, OH I Exton, PA I Philadelphia, PA I New York, NY I USA
Our ambition is to unlock a more sustainable and prosperous tomorrow by helping businesses navigate the worlds risks. In the Americas, well live up to that ambition by delivering value far beyond the insurance policies we provide. Were confronting our clients risk management challenges by finding solutions that further their strategic goals and help them build more sustainable, thriving businesses.
We are looking for an experienced energy underwriting leader to drive our ambition of supporting our clients as they transition to cleaner and greener energy technologies. Whilst the Energy Transition and the classification / taxonomy is still evolving, our Energy Transition team will support alternative fuel, carbon capture and renewable energy operations that contribute towards a more sustainable energy future.
As Head of Energy Transition, you will develop and drive the core underwriting strategic direction and product profitability for the Americas. This role is considered both a technical and customer-facing position, working together with internal clients and meeting with key brokers to grow and support the unit’s underwriting and marketing strategies. You will work closely with the Global Head of Energy Transition and Regional CUO to achieve the financial objectives and will be responsible for all underwriting operations including pricing, policy and guidelines. Additionally, you will work closely with other business line leaders, including, claims, actuary and finance.
DISCOVER your opportunity
What will your essential responsibilities include?
- In partnership with the Global Head of Energy Transition and Chief Underwriting Officer Construction and Energy Transition, you will be responsible for developing an annual business plan that is consistent with AXA XLs overall underwriting strategies and objectives.
- Development and successful execution of a strategy that drives profitable growth in the segment by delivering on all four of our strategic drivers: solutions that matter most, valued beyond the policy, data that deepens relationships and focused, fit & fast.
- Collaborate with internal and external stakeholders to identify and capitalize on business opportunities within the energy transition sector.
- Identify new market coverage opportunities in energy transition, including price assessments, in growth areas in the region. Drive excellence engagement with these new markets and the industry stakeholders.
- Build and maintain robust relationships with clients, brokers, and partners within the energy transition sector.
- Stay current with industry trends, regulatory changes, and emerging risks related to energy transition, and adapt insurance strategies accordingly.
- Support product management and innovation by developing analytical rigor, capabilities and processes that will enable the team to achieve their growth and profitability targets.
- Through regular communication, discuss meeting underwriting excellence objectives through audits and loss activity consistent within AXA XL.
- Assist in producer relationships and maintaining visibility in the market: Working with the underwriting managers and distribution to achieve cross selling objectives and develop marketing strategies; Developing new business opportunities via extensive broker and insured relationships; Supporting customer retention.
- Mentoring and coaching the underwriting team and develop a succession plan.
You will report to Chief Underwriting Officer Construction & Energy Transition.
SHARE your talent
Were looking for someone who has these abilities and skills:
- Outstanding knowledge of the Americas insurance industry, combined with in-depth technical knowledge of Energy product offerings.
- Proven business acumen to engage colleagues in how the needs of our customers are met through our vision, strategy, and operational plans. Demonstrated end-to-end strategy design including demonstrated development of business plans using data and analytics.
- Demonstrated ability to embrace challenges, learn from failures and continuously improve in a fast-paced environment
- Proven track record of quickly adapting to new technologies and methodologies in the renewable energy field
- Robust desire to explore new ideas, ask questions, and seek out innovative solutions to complex problems
- A leader who anticipates customer and market trends in order to position AXA XL as a responsible and innovative market shaper and Thought Leader in the industry.
- Sound understanding of financial planning, analysis and reporting approaches
- Consistently pursue opportunities to differentiate AXA XL in the industry through our offerings and how we conduct business.
- Ability to energize a team through a compelling vision of the business and for the future.
- A proven bold decision maker who can drive results in uncertain environments.
- Outstanding interpersonal, presentation, written and verbal communication skills.
- The ability to travel a minimum of 15% of the time is anticipated.
- Exemplary behaviors that demonstrate commitment to our corporate values and behaviors, including a demonstrated commitment to start with the client, own it, solve it together and actually make it better
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 dont 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.
Learn more at axaxl.com
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. Thats 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. Its 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. Were 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. Were 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 XLs 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 Sustainability at AXA XL.
The U.S. pay range for this position is USD 177,500 – 279,500. Actual pay will be determined based upon the individuals 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. For more details about AXA XLs benefits offerings, please visit US-Benefits-at-a-Glance_2023_US.pdf (myaxaxlbenefits.com).