Assistant Underwriter - Liability

Axis Capital; Greater London; On-site; GBP 32,000 - 45,000; Full time

Benefits offered by this job

Medical plans for you and family

Retirement plans

Tuition reimbursement

Paid vacation

Health and wellness programs

Job summary

AXIS Capital is seeking an insurance underwriting support professional to assist liability teams within the UK and international markets. The role focuses on supporting renewal and new business processes, data accuracy, and stakeholder communications.

You will work closely with underwriters, brokers and coverholders, contributing to underwriting quality and efficiency while developing your knowledge of liability classes and market practices.

Qualifications

• General insurance knowledge and underwriting policies are advantageous.
• Experience supporting underwriting teams and handling renewal/new business.
• Proficiency with MS Office and data analysis tools.
• Ability to present data clearly to underwriters, brokers and stakeholders.

Responsibilities

• Support underwriters to write classes of business within underwriting authority.
• Data entry and audit to ensure risks are correctly entered in systems.
• Respond to broker inquiries promptly and professionally.
• Understand risk appetite and underwriting decisions, documenting as needed.
• Educate brokers and coverholders on risk coverage and procedures.
• Build strong relationships with brokers and coverholders via in-person and phone contact.
• Attend broker/coverholder meetings and follow company policies.
• Manage administrative tasks within the team and assist with audits.

Skills

Strong numeracy

Analytical

Detail-oriented

Communication skills

Time management

Multi-tasking

Initiative

Tools

Outlook

PowerPoint

Word

Excel

PowerBI

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 any protected characteristic, including age, color, disability, ethnicity, gender identity, marital status, national origin, pregnancy, race, religion, sex, sexual orientation, veteran status, or any basis prohibited by the laws that govern its operations.

Supporting the Liability teams to underwrite and develop our UK and International delegated and open market liability business and our Environmental Impairment Liability book working closely with both underwriters and control functions to facilitate the underwriting process in a streamlined and seamless manner.

You will benefit from a 360-degree view, being involved in supporting and effectively contributing to a wide variety of Liability team tasks and team projects. This involves working with wider, non-underwriting areas of the business, to underwriting and business development initiatives, both research and delivery.

You’ll have a solid background in assisting underwriting teams having worked in an insurance support function for at least 3 years, including supporting underwriters with the facilitation of both renewal and new business.

It is essential that the individual selected for this role should have the ability to work well in a team environment, with excellent communication and data analytical skills. They should be able to engage with and develop strong working relationships with the underwriters, brokers and coverholders. They should be highly motivated and be able to manage their time well, with the ability to prioritise and plan whilst dealing with any issues that may fall outside of the scope of the normal core activities.

What will you do in this role?

• Support underwriters to write such classes of business as outlined in by the underwriting authority to achieve targets set out in the business plan, in accordance with underwriting standards and controls.
• Data entry and audit, ensuring accuracy of risks entered on the underwriting systems and spreadsheets.
• Respond to and manage enquiries from brokers in a timely and professional manner, with the guidance of underwriters.
• Ensure understanding of risk appetite and decisions, selection and underwriting process and reviewing risks with that in mind, to ensure underwriting standards are maintained, documenting accordingly.
• Help educate brokers and coverholders on risk appetite, coverage, policy, and procedure.
• Build strong relationships with brokers and coverholders (both face-to-face and over the phone), with particular attention to service and responsiveness.
• Attend broker and coverholder meetings with colleagues as appropriate, whilst keeping in mind Company policy and procedure.
• Effectively manage administrative functions with other members of the team
• Achieve agreed training programmes as applicable, including Lloyd’s briefings, market seminars, CII, etc.
• Maintenance of files and updating underwriting systems when required
• Collate all relevant information required for any internal/external audits, meetings, or reviews.
• Update relevant document repository to include underwriting notes and complete rate monitoring for risks written.

You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.

Office Requirements:

Typical required to be in the office minimum 3 days a week

Required Education / Training & Experience:

• General knowledge of insurance, underwriting policy and procedure.
• Knowledge of and preferably experience in liability classes
• Microsoft Office proficient: - Outlook, PowerPoint, Word, Excel; plus PowerBI
• Ability to analyse numerical and raw data and present results in a clear and concise manner as appropriate to the audience.

Role Factors:

• Strong numeracy skills
• Analytical
• Detail-orientated
• Initiative and self-motivated
• Good communication skills
• Good time management
• Ability to multi-task

Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location.

In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this, 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 vacation, and much more.

This posting is for an existing vacancy.