Senior Underwriter - Credit & Political Risks, Global Markets

Axis; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A global insurance provider is seeking a Senior Underwriter in London to lead underwriting within the Credit & Political Risks team. The role requires extensive experience in the insurance market, focusing on developing profitable growth and building strong broker relationships. The ideal candidate should have a proven track record in underwriting and possess excellent technical and negotiation skills. A comprehensive benefits package is offered.

Benefits

Medical plans

Health and wellness programs

Tuition reimbursement

Paid annual leave

Qualifications

• Significant insurance industry experience (at least 5 years), preferably in underwriting or broking.
• Ability to identify strategic growth areas.
• Proven track record of successfully developing a book.

Responsibilities

• Take a lead position within the C&P Underwriting Team.
• Develop the existing book and explore opportunities for profitable growth.
• Review and underwrite new and renewal business.

Skills

Insurance industry experience

Relationship management

Technical underwriting skills

Negotiation skills

Attention to detail

Education

CII qualifications or working towards

Tools

Microsoft Office Suite

Job description

Overview

AXIS Capital – a global provider of specialty lines insurance and reinsurance – offers outstanding client service, intelligent risk taking and superior risk adjusted returns for its shareholders. AXIS maintains an entrepreneurial, disciplined and ethical corporate culture, and aims to be among the best in the industry.

AXIS believes that its people are its strength and strives to create an inclusive and welcoming culture where employees of all backgrounds feel comfortable and empowered to be themselves. Accommodation is available upon request for candidates taking part in the selection process. All qualified applicants will receive consideration for employment without regard to characteristics protected by law.

How does this role contribute to our collective success?

AXIS Global Market’s Credit & Political Risks team is seeking a dynamic individual to join our underwriting team to further develop the existing portfolio from an exceptionally strong base.

The role involves underwriting a wide range of business across sub-sectors within the Credit & Political Risks (C&P) space, including but not limited to Credit, Contract Frustration and Confiscation.

The Senior Underwriter will operate within established guidelines to market, analyse, review, evaluate and monitor new and renewal accounts of all C&P business, exercise independent judgement in underwriting activities, and develop strong market and technical knowledge while building relationships with brokers and clients.

Responsibilities

• Take a lead position within the C&P Underwriting Team
• Develop the existing book and explore opportunities for profitable growth
• Work alongside the C&P Team leader to manage key broker relationships
• Review, analyse, evaluate and underwrite new and renewal business within AXIS underwriting guidelines; make recommendations on business outside authority to the Team Leader
• Review and evaluate coverage requests from Brokers and Coverholders and determine the C&P team’s position; present outside authority requests to Team Leader for approval or guidance
• Report on an ad hoc basis regarding pipelines, new opportunities, and progress towards strategic goals
• Collaborate with other AXIS teams to cross-market products
• Meet all Divisional servicing objectives including quote turnaround, file maintenance and documentation
• Develop a distribution strategy with the C&P Team leader and AXIS Distribution Team for Delegated and open market business
• Travel as required for broker development and client meetings
• Gather market intelligence and continue to develop product and underwriting knowledge
• Maintain up to date familiarity with economic and legal factors impacting the lines of business being underwritten
• Participate in projects or perform other related work as required

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; while there are qualifications and experience we need, we are open to discussing how your individual knowledge might contribute to fulfilling this role.

What you need to have:

• Significant insurance industry experience (at least 5 years), preferably in the London Market in either underwriting or broking C&P
• Ability to identify strategic growth areas and highlight potential threats to profitability
• Proven track record of successfully developing a book
• Ability to build new and existing broker and coverholder relationships
• Excellent technical skills in the class
• Strong team player who is effective in a close team environment
• Open communication style and excellent presentation skills
• Attention to detail

Other desired skills & capabilities:

• Excellent negotiation, interpersonal/communication skills, and strong marketing abilities
• Self-initiative and high motivation; proactively addressing issues
• Ability to multi-task and manage conflicting priorities
• Accurate and diligent working approach
• CII qualifications or working towards
• Proficiency in Microsoft Office suite (Outlook, Word, Excel and PowerPoint)

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 more.