Senior Underwriter, FI

AXIS Capital; Toronto; On-site; CAD 80,000 - 110,000; Full time

Job summary

AXIS Capital is looking for a Senior Underwriter specializing in Financial Institutions in Toronto. The role involves managing complex insurance policies and relationships, developing business strategies, and providing mentorship to junior staff. Candidates should have at least 3 years of experience in specialty insurance and strong analytical as well as underwriting skills. A comprehensive benefits package is included.

Benefits

Comprehensive medical plans

Health and wellness programs

Retirement plans

Tuition reimbursement

Paid annual leave

Qualifications

• 3+ years of experience in specialty insurance required.
• Proficiency in analyzing financials and risk management principles.
• Strong underwriting knowledge and skills are essential.

Responsibilities

• Underwrite and manage an existing book of Financial Institution business.
• Develop new business and implement marketing strategies.
• Provide guidance on underwriting practices to junior team members.

Skills

Negotiation skills

Financial analysis

Data analysis

Marketing abilities

Underwriting skills

Tools

Microsoft Office Suite

Job description

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.

All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.

Senior Underwriter, Financial Institutions

Toronto

How does this role contribute to our collective success?

The Senior Underwriter, Financial Institutions will act within established guidelines and market to analyze, review, evaluate and monitor new and renewal accounts for highly complex policies for public & private banks, insurance companies, hedge funds, investment advisors, and other financial institutions. Solutions included management liability, professional liability insurance and ancillary lines. Senior Underwriters exercise independent judgment in processing accounts, and manage underwriting activities typical hold a Underwriting Authority and manage / develop a book of new and renewal business.

What will you do in this role?

Underwrite and manage an existing book of Financial Institution business in adherence with company policies and processes

Developing new business and grow the business profitably

Develop and implement marketing strategies to increase AXIS’ market presence

Identify target markets and develop relationships with existing and potential brokers

Develop internal relationships with other profit centers and distribution staff

Work to become proficient in other related insurance products offered by AXIS

Participate in development of overall strategy and assist in implementation of strategic measures

Assist in implementing new products and developing process improvements

Provide guidance and feedback on underwriting practices to junior members of the team

Maintain up to date knowledge of industry trends and developments

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 :

3+ Years’ experience in specialty insurance.

Understanding of risk management principles with an ability to analyze data and provide insights

Advanced technical expertise, underwriting skills and knowledge of insurance and underwriting principles, practices and procedures

Experience should include ability to assess company financials, analyze stock metrics, manuscript forms and manage individual portfolios

What we prefer you to have :

Proficiency in Microsoft Office suite applications (Outlook, Word, Excel, and PowerPoint)

Excellent negotiation skills and strong marketing abilities

Team player mentality

Strong basis of financial analysis

Strong policy language analysis skills

Proven marketing abilities and established relationships with brokers

What we offer :

You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you andyour family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.