Senior Underwriter, EAR

AXIS Capital; City Of London; On-site; GBP 60,000 - 90,000; Full time

Job summary

AXIS Capital is seeking a Senior EAR Underwriter in London to join their dynamic construction team. The role involves underwriting insurance risks, managing stakeholder relationships, and ensuring compliance with company standards. The ideal candidate will have a proven track record in engineering insurance, possess strong analytical and communication skills, and be capable of handling large, complex projects effectively.

Benefits

Comprehensive medical plans

Health and wellness programs

Retirement plans

Tuition reimbursement

Paid vacation

Qualifications

• Demonstrated ability to underwrite complex EAR projects.
• Proven track record in the Engineering Insurance sector.
• Strong analytical skills with attention to detail.

Responsibilities

• Underwrite insurance risks and manage underwriting activities.
• Foster relationships with stakeholders such as customers and brokers.
• Ensure compliance with company policies and regulatory requirements.

Skills

Technical expertise in Engineering Insurance

Analytical skills

Strong communication skills

Education

Engineering Degree

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.

Role Summary
AXIS Construction team is seeking a dynamic individual to join our strategic team of underwriters operating in one of the most exciting parts of the specialty insurance industry. We currently invite applications for the role of Senior EAR Underwriter.

The Underwriter, will act within established guidelines to market, analyse, review, evaluate and monitor new and renewal accounts for EAR business. The individual will be responsible for exercising independent judgement in the processing of accounts and management of underwriting activities. EAR is a key component of Axis market leading construction offering.

The ideal candidate will be a credible underwriter with a proven track record of success in the EAR space.

KEY RESPONSIBILITIES:
Underwrite Insurance Risks: Align with the Axis Business Plan and exercise personal authority to meet business objectives.

Stakeholder Relationships: Foster strong relationships with customers, brokers, and colleagues to enhance influence and support business goals.

Strategic Relationships: Cultivate strategic relationships in line with the Business Plan to achieve set objectives.

Compliance: Ensure that the business is written in accordance with the Company's policies, procedures and controls (including audit requirements) at all times.

Team Development: Actively contribute to the shaping and development of strategies, knowledge, and best practices within the team.
Brand Promotion: Positively represent the department, division, and company brand to effectively leverage brand equity.

Regulatory Adherence: Ensure compliance with all legal and regulatory requirements to meet obligations.

Underwriting Standards: Maintain underwriting standards, instructions, and best practices to minimize risk and enhance efficiency.

Market Awareness: Stay informed about market dynamics and demonstrate awareness of the market cycle for effective operations.

Leadership and Development: Motivate and develop the team by demonstrating strong leadership behaviours and management best practices to support the achievement of business goals.

RELATIONSHIP MANAGEMENT

Broad relationships across the market with brokers / Contractors and Client

Able to be the lead point of contact for EAR within Axis

Work with all internal stakeholders to ensure business is efficiently managed

STRATEGIC IMPACT

Able to run with projects such as product development, rating model improvements or similar, managing the internal and external interfaces and delivering the project on time with a successful outcome.

Able to undertake analysis on the existing portfolio and identify areas where changes could impact and improve financial performance or operational performance.

AUTHORITY

Trusted to operate within the underwriting guidelines with full underwriting authority.

Able to undertake all the analysis required and prepare and submit all the necessary documentation to support underwriting decisions.

Able to adhere to the underwriting guidelines and actuarial process and obtain all sign offs required

REQUIRED KNOWLEDGE, SKILLS AND EXPERIENCE
Background

Proven track record in the Engineering Insurance Space

Proven ability to underwrite large and complex EAR projects

High degree of technical insurance expertise

Engineering Degree preferred

Knowledge of FCA, PRA and / or Lloyd’s

Strong written and oral communication skills

Decisions based on data and analytics, using experience and judgement to get to the result

Strong analytical skills with attention to detail.

We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry.

Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. At AXIS, we value each individual and recognize that attracting and retaining the right people is essential to the success of our company.

We offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.