Delegated Underwriting Assistant | London, UK
Delegated Underwriting Assistant | London, UK

Delegated Underwriting Assistant | London, UK

London Full-Time 28800 - 43200 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support the Delegated UW Manager in managing AXIS's Delegated UW business and compliance.
  • Company: Join AXIS Capital, a leading global provider of specialty insurance and reinsurance.
  • Benefits: Enjoy competitive benefits, including medical plans, wellness programs, and tuition reimbursement.
  • Why this job: Be part of an inclusive culture that values your unique contributions and empowers you to excel.
  • Qualifications: 1+ years in Delegated UW business; experience with Lloyd's Systems like Atlas and DCOM.
  • Other info: Office attendance required for at least 6 days per month.

The predicted salary is between 28800 - 43200 £ 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.

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?

To assist the Delegated UW Manager in managing the administration of all business written into AXIS International Division under Delegated Authority contracts. The role is working within the DUA team and providing effective oversight of all AXIS Delegated business.

What will you do in this role?

  • Assist the DUA Manager and Head of Delegated UW Operations as required in the ongoing management of all areas of AXIS\’ Delegated UW business.
  • Providing guidance and support to underwriting units in relation to Delegated authority business and ensuring compliance with Lloyd\’s code of practice and minimum standards.
  • maintain appropriate approval and review processes for new and existing Coverholders & Delegated authority contracts.
  • Atlas & DCOM administration.
  • Liaise with Lloyd\’s Policyholder & Third-Party Oversight team as required.
  • Co-ordinate and undertake wider projects and duties in relation to DUA business.
  • Use formal reporting mechanisms to promptly notify relevant parties of any perceived new risks or failures of existing control measures.
  • At all times consider the effect of any actions taken on AXIS Customers with the intention of improving their experience.
  • Provide regular reporting, including monitoring of key performance indicators, addressing DUA performance, controls and exception reporting for the DUA team and other stakeholders.

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:

  • 1+ years\’ experience of Delegated UW business from a previous DUA role in a Lloyd\’s, London Market or Broking firm.
  • Experience in using Lloyd\’s Systems – Atlas and DCOM
  • What we prefer you to have:
  • Progressing with CII examinations

Role Factors:

  • Office attendance for a minimum of 6 days per month.

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.

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Delegated Underwriting Assistant | London, UK employer: AXIS Capital

At AXIS Capital, we pride ourselves on being an exceptional employer, offering a dynamic and inclusive work environment in the heart of London. Our commitment to employee growth is reflected in our comprehensive benefits package, which includes health and wellness programmes, tuition reimbursement, and a strong focus on career development. Join us to be part of a team that values your unique contributions and fosters a culture of ethical practices and intelligent risk-taking.
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Contact Detail:

AXIS Capital Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Delegated Underwriting Assistant | London, UK

✨Tip Number 1

Familiarise yourself with the Lloyd's code of practice and minimum standards. Understanding these guidelines will not only help you in your role but also demonstrate your commitment to compliance during interviews.

✨Tip Number 2

Network with professionals in the Delegated Underwriting space, especially those who have experience with AXIS Capital or similar firms. Engaging with industry contacts can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Gain hands-on experience with Lloyd's systems like Atlas and DCOM. If you haven't used them before, consider online tutorials or training sessions to boost your confidence and skills in these areas.

✨Tip Number 4

Prepare to discuss how your previous experience aligns with the responsibilities of the role. Think about specific examples where you've successfully managed delegated authority business or improved client experiences.

We think you need these skills to ace Delegated Underwriting Assistant | London, UK

Delegated Underwriting Knowledge
Lloyd's Code of Practice Compliance
Experience with Lloyd's Systems (Atlas and DCOM)
Attention to Detail
Analytical Skills
Communication Skills
Project Management
Risk Assessment
Performance Monitoring
Stakeholder Engagement
Problem-Solving Skills
Team Collaboration
Report Writing
Adaptability

Some tips for your application 🫡

Understand the Role: Take the time to thoroughly read the job description for the Delegated Underwriting Assistant position. Understand the key responsibilities and required qualifications, as this will help you tailor your application effectively.

Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in Delegated UW business, particularly any roles within Lloyd's or the London Market. Be specific about your achievements and how they relate to the responsibilities outlined in the job description.

Showcase Your Skills: Make sure to highlight your familiarity with Lloyd's Systems like Atlas and DCOM. If you have progressed with CII examinations, mention this as it aligns with the preferred qualifications for the role.

Craft a Compelling Cover Letter: Write a personalised cover letter that reflects your understanding of AXIS Capital's values and culture. Discuss how your background and skills make you a great fit for their team, and express your enthusiasm for contributing to their success.

How to prepare for a job interview at AXIS Capital

✨Understand the Role

Make sure you thoroughly understand the responsibilities of a Delegated Underwriting Assistant. Familiarise yourself with AXIS Capital's approach to delegated authority business and how it fits within the wider insurance landscape.

✨Showcase Relevant Experience

Highlight your previous experience in Delegated Underwriting, especially if you've worked in a Lloyd's or London Market environment. Be prepared to discuss specific examples of how you've contributed to compliance and oversight in past roles.

✨Familiarity with Systems

Since the role requires experience with Lloyd's systems like Atlas and DCOM, be ready to discuss your proficiency with these tools. If you have any specific achievements or projects that involved these systems, share those during the interview.

✨Emphasise Teamwork and Culture Fit

AXIS values an inclusive and collaborative culture. Be prepared to discuss how you work within a team and contribute to a positive workplace environment. Share examples of how you've supported colleagues or improved team dynamics in previous roles.

Delegated Underwriting Assistant | London, UK
AXIS Capital

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