Portfolio Management Manager

We’re making a significant investment in pricing capability with a comprehensive pricing transformation programme. This includes the implementation of new pricing software, market-leading modelling, and performance monitoring approaches. Our pricing structure is more aligned to focus on the key disciplines of technical pricing, market pricing and pricing governance. As a result, several vacancies have arisen, with a need for strong data science, actuarial and governance skills.

Do you have an interest in pricing portfolio management? If you have experience leading, developing and motivating a Pricing, Underwriting or Finance team, this could be the role for you. You’ll deliver the portfolio management strategy, through robust underwriting performance projections at a granular level, ensuring incentives and deals add value. You’ll deliver case‑by‑case pricing and underwriting decision‑making in individual and small to medium enterprise (SME) areas, ensuring decisions further optimise portfolio performance.

You’ll build relationships with other Pricing teams, Distribution, Servicing, and Finance.

At AXA we work smart, empowering our people to balance their time between home and the office in a way that works best for them, their team and our customers. You'll work at least two days a week (40%) away from home, moving to three days a week (60%) in the future. Away from home means either attendance at either our Tunbridge Wells or Bournemouth offices, visiting clients or attending industry events.

• Produce projections of underwriting performance, feeding into Finance teams planning and forecasting.
• Collaborate with other Pricing and Insight teams to agree appropriate strategic plan and forecasting assumptions for projection models.
• Support the GUO Portfolio Management process, producing analysis and material to meet AXA Group requirements.
• Ensure appropriate value‑based retention incentives are in place, rolling out initiatives to front line teams, recommending appropriate corrective action is taken if underperforming.
• Collaborate with AXA Retail Pricing and Distribution teams to agree new business initiatives, rolling out into Sales and Operational teams. Recommend appropriate corrective action is taken if underperforming.
• Confirm risk underwriting and referral decisions at case‑by‑case level are appropriate and in line with underwriting guides, automating decisions or delegating to front line teams where possible, with positive underwriting audit results.
• Review large SME pricing carried out by Corporate Pricing team. Ensure it’s appropriate for risk.
• Make sure customer impact is considered in all risk underwriting decisions, ensuring fair treatment of customers.
• Lead the Portfolio Management team, coaching and developing direct reports, ensuring priorities are aligned with AXA Health business objectives and the impact of deliverables is well understood.

Due the number of applications, we expect to receive for this role, we reserve the right to close this advert earlier than the listed closing date to ensure we’re able to effectively manage interest. Therefore, if you’re interested in joining us at AXA, please’t hesitate to apply.

• Previous experience leading, developing, coaching and motivating a Pricing, Underwriting or Finance team.
• Expert knowledge of the dynamics of the private medical insurance (PMI) market.
• Comprehensive understanding of the regulatory environment in which AXA Health operates.
• Demonstrable knowledge of pricing and key drivers of performance.
• Excellent analytical skills with relevant experience.
• Demonstrable resilience and experience of successfully managing multiple priorities.
• Strategic thinker, and able to translate strategy into a delivery plan.
• Outstanding communication and influencing skills.
• Solution focused, with a strong focus on delivery, and desire for continuous improvement.
• Appreciation of the benefits, value and need for collaboration.

As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom.

This position has been defined as an Insurance Distribution Directive (IDD) role under the IDD…