Underwriter UK General Liability

Underwriter UK General Liability

Full-Time 60000 - 80000 £ / year (est.) No working from home possible
AXIS (AXIS Capital)

At a Glance

  • Tasks: Join AXIS Capital as an Underwriter, managing UK liability business and building broker relationships.
  • Company: AXIS Capital, a global leader in specialty lines insurance with a strong ethical culture.
  • Benefits: Comprehensive benefits package including medical plans, wellness programs, and tuition reimbursement.
  • Other info: Inclusive culture that values diverse backgrounds and encourages personal growth.
  • Why this job: Be part of a dynamic team, driving growth and making impactful decisions in the insurance industry.
  • Qualifications: Experience in Liability underwriting and strong relationship-building skills are essential.

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.

Role Overview

AXIS’ Liability team is seeking a dynamic individual to join our team of underwriters to continue to build on a long history of success. The role would involve underwriting a wide range of UK liability business. The Underwriter will act within established guidelines to market, analyse, review, evaluate and monitor new and renewal accounts of all Liability 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 Liability and with the ability to bring in and develop relationships with brokers and coverholders.

Responsibilities

  • Take a key position within the Liability team, developing the existing book and looking for key areas of growth.
  • Explore International Liability growth opportunities.
  • Reporting on an ad hoc basis regarding pipelines, new opportunities, and progress towards strategic goals.
  • Take responsibility for Coverholder/Broker relations for the team.
  • Review and evaluate new and renewal business based upon AXIS underwriting guidelines, competition and geographic focus and make recommendations.
  • Review coverage requests provided by Coverholders /Brokers and determine the Unit’s position relating to such requests within individual authority granted.
  • Present those outside authority to Unit Head for approval or guidance.
  • Analyse and underwrite individual risks.
  • Develop appropriate limit structure, retention, pricing, and endorsements within authority granted.
  • Refer to Unit Head for approval if outside authority.
  • Manage and develop a personal book of business with regards to new lines, renewals, and cross marketing of products within Global Markets.
  • Meet all divisional servicing objectives including but not limited to quote turnaround, policy issuance, file maintenance and documentation, etc.
  • Maintain data integrity for underwriting systems.
  • Develop a distribution strategy across DUA and open market business.
  • Solicit new accounts or coverholders, gather market intelligence, and provide up to date department information relating to products and services.
  • Manage key broker relationships to ensure objectives are achieved.
  • Perform all necessary travel as required for broker development as well as client meetings.
  • 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.

Qualifications

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.

Required Skills

  • Experience underwriting in Liability.
  • Ability to identify strategic growth areas and to highlight any potential threats to the profitability of the account.
  • Proven track record in successfully developing a book.
  • Ability to build new and existing broker or coverholder relationships.
  • Excellent technical skills in underwriting in this class.
  • Strong team player who is effective working in a close team environment.
  • Open communication style and excellent presentation skills.
  • Attention to detail.

Desired Skills

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

Benefits

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.

Underwriter UK General Liability employer: AXIS (AXIS Capital)

AXIS Capital is an exceptional employer that fosters a dynamic and inclusive work environment, where employees are empowered to bring their authentic selves to work. With a strong focus on professional development and a comprehensive benefits package, including health plans and tuition reimbursement, AXIS supports its team members in achieving both personal and career growth. Located in the heart of the UK, this role offers the unique opportunity to engage with a diverse range of clients and brokers, making a meaningful impact in the specialty lines insurance sector.

AXIS (AXIS Capital)

Contact Details:

AXIS (AXIS Capital) Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Underwriter UK General Liability

Dive Into Industry Networking Events

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Look Out for Graduate Schemes

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Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like AXIS (AXIS Capital). Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Underwriter UK General Liability

Underwriting in Liability
Market Analysis
Relationship Building
Technical Underwriting Skills
Strategic Growth Identification
Broker Relationship Management
Attention to Detail

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at AXIS (AXIS Capital).

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at AXIS (AXIS Capital). Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at AXIS (AXIS Capital)

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at AXIS (AXIS Capital) to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at AXIS (AXIS Capital), they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding AXIS (AXIS Capital)'s values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.