Senior Underwriter - Credit & Political Risks, Global Markets

AXIS Capital; Greater London; On-site; GBP 65,000 - 85,000; Full time

Job summary

A global specialty insurance provider in Greater London is seeking a Senior Underwriter to join their C&P team. The individual will be responsible for underwriting a wide range of business while developing and managing broker relationships. Ideal candidates will have at least 5 years of experience in the industry, with a focus on identifying strategic growth areas. The role offers a comprehensive benefits package including medical plans and retirement options.

Benefits

Comprehensive benefits package

Medical plans for family

Paid annual leave

Qualifications

• At least 5 years of insurance industry experience, preferably in the London Market.
• Proven track record of successfully developing a book.
• Excellent technical skills in the class.

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.

Skills

Insurance industry experience

Relationship building

Technical skills in underwriting

Negotiation skills

Attention to detail

Education

CII qualifications or working towards

Tools

Microsoft Office Suite

Job description

Overview

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?

AXIS Global Market’s Credit & Political Risks team is highly regarded in the market and is seeking a dynamic individual to join our team of underwriters to further develop the existing portfolio from an exceptionally strong base.

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

The Senior Underwriter will act within established guidelines to market, analyse, review, evaluate and monitor new and renewal accounts of all C&P business. The individual will be responsible for exercising independent judgement in the management of underwriting activities. The individual should have strong market and technical knowledge within C&P and have an ability to bring in and develop 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 and individual Letter of Authority and make recommendations on business that falls outside authority to Team Leader.
• Review and evaluate coverage requests provided by Brokers and Coverholders and determine the C&P team’s position relating to such requests within individual authority granted. Present those outside authority to Team Leader for approval or guidance.
• Report on an ad hoc basis regarding pipelines, new opportunities, and progress towards strategic goals.
• Work alongside other teams within AXIS, to cross market products.
• Meet all Divisional servicing objectives including but not limited to quote turnaround, file maintenance and documentation.
• Work alongside the C&P Team leader and AXIS Distribution Team to develop a distribution strategy across Delegated and open market business.
• Perform all necessary travel as required for broker development as well as client meetings.
• Gather market intelligence and continue to develop and update 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, so while there are some qualifications and experience 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:

• 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 to highlight any potential threats to the profitability of the account
• 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 working 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 applications (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 much more.