Underwriting Assistant, Crs

1 month ago


London, United Kingdom AXIS Insurance Full time

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.

Job Summary:
To assist and support the underwriting team(s) in the administration of accounts written by AXIS Capital Risk Solutions, a leading underwriter of Credit and Political Risk insurance with a primary focus on loan non-payment coverage of project finance, aircraft financing and structured credit.

Key Responsibilities:

- Assist underwriters by entering submissions and risks in the relevant underwriting databases
- Prepare underwriting submissions and reports, including: obligor & country ratings and research, comparable pricing analysis, current exposures and structural suitability
- Set up electronic underwriting files, ensuring the company complies at all times with the regulatory environment as well as internal and external audit guidelines
- Prepare and process slip, policy documentation and endorsements
- Check details of underwriting in daybook entries and ensure appropriate underwriters sign off on risks
- Liaise externally to maintain customer and broker relationships
- Liaise internally with operations, finance, legal, accounting and reinsurance as required
- Run and data quality check underwriting reports as required
- Maintain pipeline and prospect lists
- Assist in all other general underwriting administration and processing functions to ensure efficient workflow within the team
- Complete special projects/tasks/other duties as required

Required Skills, Qualifications and Experience:

- Strong academic abilities having obtained a university degree
- A strong interest in business, finance and international politics is essential
- Strong verbal and written communication skills with a customer service orientation
- Good analytical skills, including competence with Microsoft Excel and other MS Office systems
- Flexibility, adaptable to change, and proven experience as a team player is necessary
- A sound work ethic with a focus on accuracy and attention to detail
- Good organisational and time management skills
- Ability to work extended hours when required



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