Head of Capacity Solutions

About the role

AXIS Capital, a global provider of specialty lines insurance and reinsurance, is creating a new business unit called Capacity Solutions, focused on multi-line portfolio business via brokers and MGAs. It reports to the President and CEO and sits within the Underwriting Leadership group. The Head of Capacity Solutions leads the segment and is responsible for assessing, onboarding and managing multi-line portfolio business, maximising returns and ensuring the end-to-end success of the business and its operating model, supported by a virtual team from the CUO Office, Operations and Distribution.

Key responsibilities

• Develop the business strategy and be responsible for its implementation.
• Lead prospecting for new multi-line portfolio opportunities with brokers and MGAs.
• Take overall responsibility for deal structuring, appraisal and execution.
• Develop the capital (cession) strategy, including prospecting for long-term capital providers and capital structuring.
• Work with the CUO office to define the optimal portfolio shape, mitigate clashes and add diversification to the wider enterprise portfolio.
• Foster and manage relationships with capital providers, distribution and underwriting partners.
• Build and manage the AXIS Capacity Solutions team and develop a market-leading capability.
• Partner with underwriting subject matter experts on new opportunities and chair the Deal Committee that approves multi-line portfolio opportunities to the AXIS Group.
• Work with all functional departments to ensure an efficient operating model.

Required profile

• At least 10 years of experience in a commercial or technical role in commercial lines (re)insurance.
• Bachelor's or advanced degree in a highly analytical subject.
• Professional experience in (re)insurance performance and/or governance management roles.
• Experience building strong relationships with colleagues and leadership, winning the confidence of business partners.
• Experience in efficient deal structuring and portfolio assessment.
• Proven leadership skills, including developing and managing high-performing teams.

Required skills

• Strong attention to detail.
• Excellent verbal and written communication and negotiation skills.
• Ability to explain complex concepts to all stakeholders.
• Ability to partner with Operations, Technology, Claims and CUO functions and to plan and prioritise workload.