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Senior Delegated Underwriting Assistant | London, UK

Axis Capital

London

Hybrid

GBP 60,000 - 80,000

Full time

2 days ago
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Job summary

Join a leading insurance and reinsurance provider, AXIS Capital, in the role of Delegated UW business support. You'll assist in the administration for Delegated Authority contracts, managing compliance and reporting while building relationships and ensuring business operations run smoothly. With an emphasis on teamwork and inclusivity, this position calls for a detail-oriented professional with strong negotiation and analytical skills.

Benefits

Comprehensive medical plans
Health and wellness programs
Retirement plans
Tuition reimbursement
Paid annual leave

Qualifications

  • 4+ years' experience of Delegated UW business.
  • High standard in Microsoft Office including Outlook, PowerPoint, Word, Excel, Dynamics.
  • Ability to follow processes and procedures.

Responsibilities

  • Provide guidance and support to underwriting units.
  • Develop and maintain approval processes for contracts.
  • Provide regular reporting and monitor key performance indicators.

Skills

Analytical thinking
Relationship building
Communication
Problem-solving
Negotiation
Attention to detail

Tools

Microsoft Office
Lloyd's Systems - Atlas
Lloyd's Systems - DCOM

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.

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?

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

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:
  • 4+ years' experience of Delegated UW business from a previous DUA role in a Lloyd's, London Market or Broking firm.
  • Microsoft Office including Outlook, PowerPoint, Word, Excel, Dynamics to a high standard
  • Lloyd's Systems - Atlas and DCOM
  • Ability to follow processes and procedures
  • Ability to analyse data and present results in a clear and concise manner as appropriate to the audience
  • Ability to communicate and build relationships with a wide range of external and internal stakeholders
  • Ability to work well under pressure
  • Ability to build trust by operating with integrity and professionalism
  • Influencing and negotiating skills
  • Problem-solving skills
  • Strong organisation and time management skills
  • Exceptional attention to detail

What we prefer you to have:
  • Progressing with CII examinations

Role Factors:

In this role, you will be required to:

Adhere to AXIS Hybrid working model.

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.

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