Assistant Underwriter, Financial Institutions
5 months ago
This is your opportunity to join AXIS Capital - a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.
At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.
Assistant Underwriter, Financial Institutions - London
Job Family Grouping: Underwriters - Financial Institutions - J/K
Job Family: Underwriting Group - Underwriters
How does this role contribute to our collective success?
Part of the market leading FI team in London and contributing to our continued success as part of the Axis Global Markets division
What will you do in this role?
- Review and evaluate new and renewal business based upon company underwriting guidelines, competition and geographic focus.
- Review coverage requests provided by brokers and determine department’s position relating to such requests within individual authority granted. Present those to Senior Underwriter and/or Manager for approval or guidance.
- In conjunction with appropriate teammates analyse and underwrite individual risks. Develop appropriate limit structure, retention, pricing and endorsements.
- Assist in the management of the portfolio of business, with regards to new lines, renewals and cross marketing of product lines within the department.
- Meet all divisional servicing objectives including but not limited to quote turnaround, policy issuance, file maintenance and documentation, etc. Maintain data integrity for underwriting system.
- Perform required marketing through regular broker visits on timely and frequent basis. Solicit new accounts, gather market intelligence and provide up to date department information relating to products and services. Manage select Broker relationships to ensure objectives are achieved.
- Perform all necessary travel as required for client meetings.
- Develop and update product and underwriting knowledge.
- Maintain up to date familiarity with economic and legal factors comparing department’s lines of business and insurance industry.
- Participate in projects or perform other related work as required.
You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.
About You:
We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences, we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.
What you need to have:
- Ideally between one to three years’ experience in Professional Lines in the London and/or International markets
- Ability to build new and existing broker relationships
- Developing technical skills in underwriting in the relevant classes
- Team player who is effective working in a close team environment
- Open communication style and excellent presentation skills
- Attention to detail
- Language skills, in addition to English, would be desirable
What we prefer you to have:
- Language skills, in addition to English, would be desirable
Role Factors:
In this role, you will typically be required to:
Be in the office 3/4 days per week - as required by client/business needs
What we offer:
You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.
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