Pricing P%26C Commercial Senior Manager Short Tail - (M/F) - Paris or Madrid

Job description

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Whatever their stage of life, we provide over 108 million customers with the products and services they need to progress. From insurance to personal protection, and savings to wealth management, no matter the need we’re always there for them. And we’re always there for our employees. In 50 countries, we work hard to inspire pride and a sense of belonging in our people. To provide opportunities that challenge them, inspire them, and reward them. And to create a culture that’s open, supportive, and empowering. Because we know that’s the real secret to success – and the best way for us to keep building a better world for both our customers and the talented people who put them first.

Your work environment

The headquarters of the AXA Group (GIE AXA) brings together our corporate activities. It provides guidance and support to subsidiaries around the world, to ensure the coordination and monitoring of the Group's global strategy, the application of its standards, the consistency of commercial approaches and the sharing of best practices. The headquarters gathers approximately 1000 employees and is distinguished by its strong international culture (45 nationalities), which makes it a rich and stimulating place to work.

Within the Group, you will join the Group Chief Underwriting Office as Pricing P&C Commercial Senior Manager Short Tail.

Context & Major Challenges

The newly created Global Chief Underwriting Office will be accountable for establishing, enabling, and driving profit and growth through Product Underwriting Strategy, Portfolio Design and Technical Underwriting Excellence in partnership with the AXA Entities, for both Commercial and Retail, through:

• <-- [if supportLists]-->Portfolio Design Steering
• Underwriting Product Strategy and Profitability Measurement
• Technical Underwriting Guidance
• Pricing Models, Platforms and Analytics
• Risk Appetite deployment
• Ceded Reinsurance strategy design and purchasing

As part of the CUO Office you will be an integral part of the Group Pricing Team partnering directly with underwriting and executive management as we look to develop and deliver our strategic objectives.

Key Accountabilities

• <-- [if supportLists]-->Ensure Market Leading Technical Pricing in Commercial Short Tail Products.
• Work closely with UW and TDO to implement the Pricing Technical Excellence Plan.
• Carry out Pricing Technical Reviews (Deep Dive, IDR, etc..) and execute a thorough review on Pricing Strategy, Adequacy, Governance, Tools, etc.
• Review and Validate Commercial Short Tail Pricing Strategy, Adequacy and Model Calibrations.
• Support PMP through initial buildout to Metrics validations, PMP & MBR reviews, Strat Plan and UW actions validation to achieve desired ECR.
• Enforce the execution of the Pricing Policy including best practices and technical standards for governance.
• Address Regulatory Pricing Topics and develop actions plans to respond to legal and regulatory changes and ensure fairness.
• Develop a strong network of relationships with internal and external stakeholders to influence technical Pricing improvements globally and drive consistency in approach where appropriate.
• Stay abreast of and appropriately communicate knowledge of industry changes, specifically changes that affect pricing.
• Share expertise on product pricing methodologies, including pricing algorithms, pricing parameters, and advanced pricing techniques.
• Provide direction and support development of central pricing models and platforms where needed.
• Engage closely with members of CUO, Entity Underwriting and Pricing members, Reserving, TDO, and Finance to improve pricing accuracy and overall business performance.

Dimensions

• <-- [if supportLists]-->Global scope: full remit (across all P&C Coml Short Tail businesses & geographies)
• Responsible for the pricing Remit for the GCUO retaining matrix responsibility across P&C Coml Short Tail lines of business
• Management of the P&C Coml Short Tail Pricing team

Stakeholders

• CEOs & appointed senior leaders of entities
• CFOs, Head of Reserving and Head of Pricing within the entities
• Heads of claims within the entities

KPIs for Success

• <-- [if supportLists]-->Measure of the partnership with the entities
• Direct influence on the strategy, portfolio development and technical performance of the entities
• Deliver on building the analytic and technology culture of the entire organization
• Carry the strategic plan

Desired profile

Qualifications :

Main competencies and experience

Competencies

·  Boundaryless leadership and Strategic acumen: develop shared outcomes and measures, to improve clarity of decision making and leveraging data to make decisions.
·  Influence and stakeholder Management within matrixed complex and international set up while establishing partnerships.
·  Change Leader builds strong partnerships and effectively influence stakeholders; clearly communicates and drives alignments on shared outcomes; extreme ownership on outcomes with strategic and operational rigor.
·  Strong verbal communications skills to gain buy-in to communicate clearly and concisely with internal and external clients.
·  Strong ability to think strategically.

Behaviours

·  Self aware
·  Collaborative
·  Builds trust
·  Good listening skills to build consensus
·  Comfortable with ambiguity
·  Flexible & willing to say ‘I don’t know, let me find the answer’
·  Humble enough to listen to others who have the expertise and build relationships
·  Strong Relationship builder
·  Change agent
·  Culturally sensitive to difference
·  Patience & the ability to take time to learn

Experience

·  Fully Certified Actuary
·  Extensive P&C Coml - Short Tail experience in pricing within an AXA entity or external organization
·  Ability to directly influence strategy and portfolio management, as well as setting the technical culture
·  Proven experience interacting with Senior leaders and evolving in matrixed environments
·  Experience in driving change and building relationships
·  Proven experience in leading multicultural and multifaced geographically diverse teams

Language

·  Fluent English