Wajahat Khawaja
About Wajahat Khawaja
Wajahat Khawaja serves as the Underwriting Governance & Control Frameworks Manager at AXA XL, where he has worked since 2017. He has held various roles in the insurance industry, including positions at Adamjee Insurance Company Ltd, Allianz Worldwide Partners, and EFU General Insurance Ltd, and has a strong academic background in insurance and risk management.
Work at AXA XL
Wajahat Khawaja serves as the Underwriting Governance & Control Frameworks Manager at AXA XL, a division of AXA, since 2017. In this role, he is responsible for developing and embedding underwriting governance frameworks and controls to ensure excellence in underwriting practices. He leads transversal projects that involve collaboration with risk, compliance, and legal departments to enhance underwriting governance. His work includes identifying breaches in underwriting processes and recommending corrective actions to maintain compliance and governance standards.
Previous Experience in Insurance
Before joining AXA XL, Wajahat Khawaja held several significant positions in the insurance industry. He worked at Allianz Worldwide Partners as the Head of Underwriting & Product Governance from 2016 to 2017. Prior to that, he served as the Group Underwriting Manager & Lead Area Underwriter for East Europe from 2010 to 2015. His career also includes a role as Divisional Head, Non-marine at Adamjee Insurance Company Ltd from 2005 to 2008, and as Technical Head, South Zone at EFU General Insurance Ltd from 2009 to 2010.
Education and Expertise
Wajahat Khawaja has a strong educational background in insurance and risk management. He achieved his Associateship (ACII) from the Chartered Insurance Institute in the United Kingdom from 1999 to 2001. He also holds a Master’s degree in Insurance & Risk Management from City University Business School, which he completed from 1998 to 2000. Additionally, he obtained a Certificate Membership (CertIRM) from the Institute of Risk Management in 2019. His foundational education includes a BSc. in Physics, Chemistry, and Mathematics from the University of Karachi, completed from 1988 to 1990.
Professional Skills and Responsibilities
Wajahat Khawaja possesses extensive experience in leading underwriting audits to ensure compliance with governance standards. His responsibilities include developing underwriting governance frameworks and controls, as well as leading initiatives that enhance underwriting practices. He is adept at identifying breaches in underwriting processes and implementing corrective actions, demonstrating a strong focus on risk management and compliance within the insurance sector.