As a Manager, you will play an integral role in AXA XL’s US (Re) Insurance Compliance and Regulatory operations. This team is part of AXA XL’s North American Compliance & Regulatory Department, which is a dynamic team that services a wide variety of compliance regulatory needs for our North American business.
What will your essential responsibilities include?
Working with Reinsurance business team and reinsurance legal representative to understand business strategy and all material transactions that have a regulatory or compliance component
Review all regulatory and compliance components of products and/or programs the Reinsurance business intends to write or sponsor
Liaise with Insurance compliance and regulatory product experts on all products intended to be introduced in the standard market
Acting as a global resource for the business to assist in interpreting and explaining how state regulatory requirements affect our global, reinsurance and surplus lines businesses
Assure all reinsurance arrangements are consistent with rules and regulations, international practices and Group standards (including with respect to risk transfer)
Building effective working relationships with other team members and functions such as Legal’s reinsurance experts. Coordinate and collaborate with the IPass, Programs and Cross-border team liaisons
Coordinate with RCS and Admitted product subject matter experts as necessary
Provide local, N. American expertise, on any Lloyd’s issues along with collaboration w/ UK/ROW compliance member
Prepare regular reports of material issues for senior management
Representing the Division and the Group on certain strategic matters before the RAA.
Developing and maintaining positive and effective working relationships within industry trade associations and select state and federal insurance policymakers.
Working with our business partners to develop and execute an agreed-upon strategy for select issues and effectively communicating them to regulators and policymakers.
You will report to the Senior Manager, Compliance & Regulatory Affairs.
SHARE your talent
We’re looking for someone who has these abilities and skills:
Eight or more years of Commercial Property & Casualty insurance experience in the field of legal compliance, regulatory relations, product development, underwriting or underwritingsupport. Ideal candidate will have reinsurance, Lloyd’s or Excess and Surplus lines experience.
Ability to communicate effectively with others, both verbally and in writing