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Financial Institutions Underwriter
2 months ago
This is an exciting opportunity to join the market leading Financial Institutions team at AXIS Capital, a trusted global provider of specialty lines insurance and reinsurance. As a key member of our team, you will contribute to our continued success as part of the Axis Global Markets division.
Key Responsibilities- Review and evaluate new and renewal business based on company underwriting guidelines, competition, and geographic focus.
- Review coverage requests provided by brokers and determine the department's position relating to such requests within individual authority granted. Present those to Senior Underwriter and/or Manager for approval or guidance.
- Analyse and underwrite individual risks in conjunction with appropriate teammates. 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. Maintain data integrity for underwriting system.
- Perform required marketing through regular broker visits on a 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.
We encourage you to bring your own experience and expertise to the table. While there are some qualifications and experiences we need, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and helping us achieve our goals.
- Ideal candidate will have 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.
You will be eligible for a comprehensive and competitive benefits package, including medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.
