Head of Reinsurance Hub Management - General Insurance

1. Underwriting Governance & Group Interface

Group UW Guideline & Underwriting Governance

• Monitor and manage updates to Group Underwriting Guideline and Group Underwriting Governance.

• Communicate updates to UW team, clarify implications and practical application of any new governance actions (e.g. crisis‑related measures).

• Coordinate annual update and communication of General Conditions to UW and L&C.

Local UW Guideline & Authority Delegation

• Work closely with the Chief Underwriting Office of AXA GI HK, AIRE and UW team to support annual update of Local GI RI Hub UW Guideline and local authority delegation.

• Support the update of local authority delegation letters based on GUL approved by AXA Group and ensure proper saving in relevant ShareBox paths.

• Participate in the Annual Group Authority (GUL) application process: collate referral volume and pass rate statistics, operational efficiency, business case, technical capability, and proposed limits; align with Risk Management before submission.

• Ensure all authority letters issued by AXA Group are archived and referenced for downstream delegation to AIRE and AXA HK.

2. Meeting & Stakeholder Coordination

• Coordinate and ensure effective participation in meetings related to underwriting, distribution, business booking, etc.

• Host/oversee weekly RI operations meetings to track operational tasks, booking timelines and alignment with senior management's directives.

• Maintain a regular catch‑up with Risk Management on pipeline, strategy changes, GWP/UE impacts, authority applications, risk framework changes and regulatory developments.

• Coordinate regular catch‑ups with key business partners , ensuring proper preparation

3. Operations, Booking & Finance Interface

• Oversee quarterly booking based on AIRE declarations and ensure alignment between AIRE, HK Reserving and HK Operations (templates and checking process).

• Coordinate treaty wording set‑up & review, including L&C approvals and signing processes.

• Supervise SOA follow‑up and review process: ensure regular follow‑up by operations, involve pricing/underwriting for checks, and confirm settlement with counterparties.

• Review settlement proposals and support CUO in approval decisions.

• Oversee monthly booking planning  to ensure alignment with StratPlan and SOA‑driven booking

• Ensure timely business bookling completion and review 

4. Portfolio Monitoring & Reporting

Finance, StratPlan & Magnitude

• Coordinate the end‑to‑end finance planning and monitoring process including GWP, commissions, brokerage and earned premium inputs, LR selections, reserving inputs and final P&L/UE outcomes.

• Facilitate discussions on changes and ensure updated inputs from relevant parties are reflected in final results.

• Review RBC report, ensure consistency with booking and expected LR, and prepare explanation for significant YTD changes.

Ultimate Loss Ratio Selection & Updates

• Co‑lead ULR review per treaty (Best Estimate view) and support StratPlan ULR selection and monthly booking ULR updates.

• Ensure ULR selection is aligned with expected UE results and that operational booking spreadsheets reflect updated ULRs.

• Coordinate communication with Finance in case adverse treaty development leads to higher ULR and negative impact to full‑year results (options: LR buffer release, additional GWP, GI HK buffer, or escalation).

Portfolio Management Process ("PMP") & Technical Review Follow‑up

• Coordinate quarterly PMP data collection, gather P&L report from Finance, and support in producing the PMP report and leading discussion meetings.

• Own coordination of Technical Review follow‑up: 

• Maintain oversight of Management Action Plan 

• Organize quarterly check‑ins with respective action owners to track progress and ensure evidence and documentation are up to date.

Expense Study & Internal Governance 

• Coordinate bi‑annual expense study for GI RI Hub

• Support RBC related reporting: 

• Act as coordination point for Internal Audit / Compliance Audit on GI RI Hub : ensure action owners respond, evidence is compiled, and timelines are respected.

5. Risk Management & RAF

Risk Appetite Framework ("RAF") Review & Monitoring 

• Coordinate annual RAF structure review with Risk Management and ensure pipeline and business development plans are consistent with RAF capacity.

• Obtain and maintain RAF monitoring files from Risk Management and assist in testing RAF impact for new cases.

• Ensure RAF considerations are embedded in new business decisions and that communication with Risk Management is timely and efficient.

6. Business Development Support

Existing Cases & New Opportunities 

• Assist underwriting/pricing teams in case follow‑up for existing treaties and MGA accounts, ensuring operational and strategic alignment.

• Support regular catch‑up and monitoring of new MGA and treaty opportunities; ensure AXA appetite changes are timely communicated and reflected in pipeline, pricing and authority discussions.

• 5–8+ years in (re)insurance, preferably in GI treaty reinsurance, RI hub, or regional offices.

• Experience in treaty underwriting, pricing, or portfolio management.

• Knowledge of reinsurance operations (booking, SOA, SAP, treaty wording) and finance interactions.

• Solid understanding of risk and capital concepts (RAF, RBC, ULR, UE).

• Familiar with underwriting governance, authority delegation, and guidelines at group and local levels.

• Proficient in financial planning cycles, Magnitude, and StratPlan.

• Experience in reinsurance program design (QS, XOL) and internal arrangements.

• Strong analytical skills in GWP projections, LR, ULR, UE impacts, and broker analysis; excellent English (Chinese preferred) communication skills.

• Proven ability to coordinate cross-functional teams and manage multiple projects in a matrix environment.

• Skilled in insurance/reinsurance systems, Excel, and data reconciliation.