Underwriting Associate - Marine

axiscapital; Stamford (CT); On-site; USD 90,000 - 140,000; Full time

Job summary

AXIS Capital seeks an Underwriting Associate - Marine to provide comprehensive underwriting support, manage renewal processes, and assist with new accounts from submission to contract expiration.

You will act as a primary contact for designated accounts, collaborate with claims and underwriters, and contribute to professional growth within Underwriting and Operations. Strong analytics, initiative, and team collaboration are essential.

Qualifications

• 7–10 years of experience in insurance.
• Knowledge of Property and Casualty insurance concepts.

Responsibilities

• Underwriting support for designated accounts and renewal processes.
• Process renewals and endorsements within authority limits.

Skills

Mentoring

Client service

Team collaboration

Initiative

Analytical thinking

Tools

Microsoft Office

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 any protected characteristic, including age, color, disability, ethnicity, gender identity, marital status, national origin, pregnancy, race, religion, sex, sexual orientation, veteran status, or any basis prohibited by the laws that govern its operations.

Underwriting Associate - Marine

How does this role contribute to our collective success?

The primary focus of the Underwriting Associate role (about 70%) is to provide comprehensive support for underwriting activities. This includes serving as the main point of contact for designated accounts, managing tasks throughout the renewal process, and assisting with new prospective accounts from initial submission to contract expiration. While guidance from an Underwriter may be available, the Underwriting Associate is responsible for making decisions on accounts and addressing endorsements within their assigned authority. This position also offers opportunities for professional growth and development within both Operations and Underwriting functions.

What will you do in this role?

Underwriting Support

• Gather underwriting information on behalf of the underwriter and complete the underwriting renewal quote and binder documents, ensuring the timeliness and accuracy levels are met.
• Accept new/renewal risks, if authorized, with some financial and limit restrictions within agreed underwriting authority limits as applicable.
• Complete rating, experience modifications and policy issuance for automatic renewals, within assigned underwriting authority in a timely manner.
• Perform quote renewal preparation, which may require underwriting review.
• Review renewal files to ensure accuracy and draft rating/pricing recommendation for pre-analysis support, as requested.
• Collaborate with claims adjusters, gathering information on specific claims for review with underwriter.
• Act as a key resource for understanding complex accounts and changes in endorsements.
• Provide subject matter expertise on Insurance Desktop (IDT) and Duck Creek (DC)
• Support underwriters on day-to day processes when required (though not the primary function)
• Assists with quality reviews as needed.
• May be assigned special projects that require strong analytical skills.
• Actively learn and pursue knowledge about the market, underwriting and business plans, as well as profit drivers

Communication and Relationship Building

• Provide exceptional customer service to brokers, clients, and internal stakeholders.
• Address inquiries and resolve issues in a timely and professional manner.
• Ability to articulate the Line of Business' strategy and influence broker adoptions of changes.
• Communicate effectively with managers and operations support teams regarding complex accounts and changes.
• Report issues through business technology ticketing system and ensuring prompt resolution of issue is communicated to impacted parties.
• Assists with training and mentoring colleagues as requested.

Compliance, Regulatory Oversight and Documentation Management

• Maintain accurate and up-to-date underwriting documentation and records.
• Ensure adherence to record-keeping policies and procedures.
• Stay informed about regulatory changes and updates affecting the insurance industry.
• Ensure compliance with underwriting regulations and standards.

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:

• 7-10 years prior experience within the insurance industry
• Knowledge of Property and Casualty Insurance business concepts.
• Proficiency in Microsoft Office products and the ability to operate within a network environment.
• Ability to lead and mentor.
• Ability to work effectively in a team setting as well as to work independently in a fast-paced environment.
• Strong demonstration of initiative, interpersonal skills, and a professional demeanor.
• Energetic self-starter with resilience and entrepreneurial spirit co