Women in Finance Charter
Women in Finance
We are proud to be a signatory of the UK’s Women in Finance Charter and have put practices and programs in place to advance and support women’s leadership at our company, within the insurance industry, and across financial services. When XL Catlin (UK) signed the Charter in September 2018 we had 32.5% female representation. As of September 2019, we had 35% female representation in senior manager roles. We are proud to say we have achieved our original target. Now, as AXA XL, the newly combined AXA and XL Catlin business, we look forward to re-evaluating our targets and continuing to challenge ourselves and our industry to achieve gender parity.
Regional Talent Review: : The Global HR Leadership Team has introduced a UK Talent Review process to foster a culture of development, visibility and mobility across departments. As part of this review process, managers work together to identify high-performance/high-potential women in the organization.
Flexible Working: By offering a variety of work arrangements, including telecommuting and flex time, our workplace flexibility initiatives enable employees to manage a successful career and a full life outside the office. Most recently, “Core Hours” have been implemented, giving employees freedom to adjust the times they start and end their workdays without submitting a formal request.
Mentoring Programs: We continue to enhance our mentoring programs, including the Insurance Breakfast Club and the Insurance Supper Club. Women are paired with seasoned colleagues who can provide guidance on specific skills, knowledge and professional growth strategies.
Overcoming Bias: Through efforts like Inclusive Language Training and our ‘Breaking Bias’ program, we equip our colleagues to remove unconscious bias from the talent lifecycle — from sourcing and interviews to development and promotion.
Diverse Slates: As of November 2019, our diverse slates policy has resulted in a 97% Diverse Slate rate. Our goal is to reach 100%.