Delegated Underwriting Assistant

AXIS Capital; London; On-site; GBP 30,000 - 60,000; Full time

Job summary

Join a forward-thinking company as a Delegated Underwriting Assistant, where you will play a crucial role in managing delegated authority contracts. This position offers a chance to work closely with experienced professionals in the insurance sector, ensuring compliance and overseeing key operations. You will be part of a dynamic team that values inclusivity and empowerment, contributing to the success of AXIS Capital. With a comprehensive benefits package and opportunities for professional growth, this role is perfect for those looking to advance their career in a supportive environment. If you are passionate about underwriting and eager to make a difference, this is the perfect opportunity for you.

Benefits

Medical plans for you and your family

Health and wellness programs

Retirement plans

Tuition reimbursement

Paid annual leave

Qualifications

• 1+ years of experience in Delegated UW business from a previous DUA role.
• Experience using Lloyd’s Systems like Atlas and DCOM.

Responsibilities

• Assist in managing AXIS’ Delegated UW business and compliance.
• Provide guidance to underwriting units on Delegated authority business.

Skills

Delegated Underwriting

Lloyd's Systems (Atlas, DCOM)

Compliance

Reporting

Education

CII Examinations (in progress)

Tools

Atlas

DCOM

Job description

Delegated Underwriting Assistant

Apply locations London - Scalpel time type Full time posted on Posted Yesterday job requisition id REQ05689

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.

How does this role contribute to our collective success?

To assist the Delegated UW Manager in managing the administration of all business written into AXIS International Division under Delegated Authority contracts. The role is working within the DUA team and providing effective oversight of all AXIS Delegated business.

What will you do in this role?

1. Assist the DUA Manager and Head of Delegated UW Operations as required in the ongoing management of all areas of AXIS’ Delegated UW business.
2. Providing guidance and support to underwriting units in relation to Delegated authority business and ensuring compliance with Lloyd’s code of practice and minimum standards.
3. Maintain appropriate approval and review processes for new and existing Coverholders & Delegated authority contracts.
4. Atlas & DCOM administration.
5. Liaise with Lloyd’s Policyholder & Third-Party Oversight team as required.
6. Co-ordinate and undertake wider projects and duties in relation to DUA business.
7. Use formal reporting mechanisms to promptly notify relevant parties of any perceived new risks or failures of existing control measures.
8. At all times consider the effect of any actions taken on AXIS Customers with the intention of improving their experience.
9. Provide regular reporting, including monitoring of key performance indicators, addressing DUA performance, controls and exception reporting for the DUA team and other stakeholders.

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:

1. 1+ years’ experience of Delegated UW business from a previous DUA role in a Lloyd’s, London Market or Broking firm.
2. Experience in using Lloyd’s Systems – Atlas and DCOM.

What we prefer you to have:

1. Progressing with CII examinations.

Role Factors:

1. Office attendance for a minimum of 6 days per month.

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.