At a Glance
- Tasks: Lead underwriting for Credit & Political Risks, developing relationships and evaluating business opportunities.
- Company: Join AXIS Capital, a trusted global provider of specialty insurance and reinsurance.
- Benefits: Inclusive culture, competitive salary, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on ethical practices and personal empowerment.
- Why this job: Make an impact in a dynamic team while shaping the future of insurance.
- Qualifications: 5+ years in insurance, preferably in underwriting or broking within the London Market.
The predicted salary is between 60000 - 80000 £ per year.
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.
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.
What will you do in this role?
- 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
Senior Underwriter - Credit & Political Risks, Global Markets in London employer: AXIS (AXIS Capital)
Contact Detail:
AXIS (AXIS Capital) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter - Credit & Political Risks, Global Markets in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals on LinkedIn or at events. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Research AXIS Capital thoroughly. Understand their values, culture, and recent projects. This knowledge will help you tailor your conversations and show you're genuinely interested in being part of the team.
✨Tip Number 3
Prepare for interviews by practising common questions related to underwriting and risk management. Use real-life examples from your experience to demonstrate your skills and how they align with AXIS's needs.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're serious about joining AXIS and contributing to our success.
We think you need these skills to ace Senior Underwriter - Credit & Political Risks, Global Markets in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Underwriter role. Highlight your experience in underwriting and any specific achievements in Credit & Political Risks. We want to see how your background aligns with what we do at AXIS!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills can contribute to our team. We love seeing genuine enthusiasm for what we do.
Showcase Your Relationships: Since building relationships is key in this role, mention any relevant connections you have with brokers or clients. We value strong networks and want to know how you can leverage them for AXIS.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at AXIS (AXIS Capital)
✨Know Your Stuff
Make sure you brush up on your knowledge of Credit & Political Risks. Familiarise yourself with the latest trends, market intelligence, and economic factors that could impact the industry. This will not only show your expertise but also demonstrate your genuine interest in the role.
✨Build Relationships
Since this role involves managing key broker relationships, think about how you can showcase your relationship-building skills during the interview. Prepare examples of how you've successfully developed partnerships in the past, and be ready to discuss your approach to maintaining those connections.
✨Showcase Your Analytical Skills
As a Senior Underwriter, you'll need to analyse and evaluate new and renewal business. Be prepared to discuss specific instances where you've used your analytical skills to make informed decisions. Consider bringing along a case study or example that highlights your ability to assess risk effectively.
✨Emphasise Your Team Spirit
AXIS values an inclusive and collaborative culture, so it's important to convey your ability to work well within a team. Share experiences where you've collaborated with others to achieve common goals, and highlight how you can contribute to the C&P Underwriting Team's success.