Tech, Media & IP Lead

at  AXIS Insurance

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.
At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.
All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.
How does this role contribute to our collective success?
This role will be responsible for the strategic direction, development, and management of the London Tech E&O, Media Liability and Intellectual Property insurance portfolios. This role involves leading a team of underwriters, driving product innovation, and ensuring the profitability and growth of the Tech E&O line.
What will you do in this role?

1. Strategic Leadership:

• Develop and execute a strategic plan to expand the Tech E&O, Media and IP insurance business.
• Identify market trends and emerging risks in the technology sector to inform product development and pricing strategies.
• Collaborate with senior leadership to align the Tech E&O, Media and IP strategies with the overall business objectives.

1. Product Development and Innovation:

• Lead the design and development of new Tech E&O, Media and IP products, as well as other developing intangible products (eg. Trade Secrets), to meet the evolving needs of clients
• Work closely with actuarial, legal, and regulatory teams to ensure compliance and competitiveness of products.
• Drive innovation in coverage offerings, policy terms, and underwriting processes.

1. Underwriting and Risk Management:

• Oversee the underwriting process for Tech E&O, Media and IP policies ensuring adherence to company guidelines and risk appetite.
• Develop and maintain underwriting guidelines, ensuring they are up-to-date with current industry standards and legal requirements.
• Evaluate and approve large or complex risks, providing guidance to the underwriting team.

1. Team Leadership and Development:

• Lead, mentor, and develop a high-performing team of underwriters and support staff.
• Foster a collaborative and results-driven culture within the team.
• Provide ongoing training and professional development opportunities for team members.

1. Client and Broker Relationships:

• Cultivate strong relationships with brokers, clients, and industry partners to elevate Axis’ market presence.
• Participate in client and broker meetings, presenting the company’s Tech E&O, Media and IP offerings and negotiating terms.
• Address and resolve complex client and broker issues effectively.

1. Financial Performance:

• Monitor the financial performance of the Tech E&O, Media and IP portfolios, including profitability, growth, and loss ratios.
• Implement corrective actions as necessary to achieve financial targets.
• Prepare and present financial reports to senior management.

1. Compliance and Regulatory Oversight:

• Ensure all Tech E&O, Media and IP products and practices comply with applicable laws and regulations.
• Stay abreast of changes in the regulatory environment and adjust products and practices accordingly.
• Market Analysis and Research:
• Conduct regular market analysis to identify opportunities for growth and areas for improvement.
• Monitor competitor activities and adjust strategies to maintain a competitive edge.

You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.
About You:
We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences, we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.

What you need to have:

• Significant experience in technology errors and emissions, media and cyber risks and the means of managing them effectively.
• Bachelor’s degree or certifications strongly preferred (ACII)
• Strong commercial skills and instincts coupled with a bottom-line orientation.
• Entrepreneurial, but with the organizational savvy required to operate effectively in a matrixed environment.
• Ability to evaluate risks to the company and articulate issues, develop consensus, raise awareness

Please refer the Job description for details