At a Glance
- Tasks: Support underwriting assessments and manage portfolio performance for multi-line business.
- Company: Join AXIS Capital, a leader in specialty insurance with a strong ethical culture.
- Benefits: Competitive salary, incentive compensation, comprehensive benefits, and tuition reimbursement.
- Other info: Inclusive culture that values diverse backgrounds and encourages personal growth.
- Why this job: Be part of a dynamic team making impactful decisions in the insurance industry.
- Qualifications: 5-8+ years of underwriting experience and strong analytical skills.
The predicted salary is between 58500 - 71500 £ 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.
AXIS is seeking an Underwriter within the Capacity Solutions business unit, focused on multi-line portfolio business written with brokers and MGAs. The successful candidate will support the underwriting assessment, onboarding, and ongoing performance monitoring of portfolio opportunities. Working closely with the Underwriting Lead and wider functional teams, this role will play a key part in supporting the team’s growth whilst ensuring portfolio underwriting standards and effective portfolio management are maintained across new and renewal business. This business unit is supported in its execution by a virtual team from across AXIS, including our CUO Office, Operations and Distribution. This position reports to the Underwriting Lead - Capacity Solutions.
What will you do in this role?
- Support the underwriting appraisal of new and renewal portfolio opportunities.
- Assist in gathering, analysing, and reviewing underwriting, claims, exposure, and performance data.
- Prepare underwriting assessments, including recommendation summaries for review.
- Liaise with product specific underwriting teams as required in both the development and appraisal of new opportunities and specific risk referrals.
- Assist in managing underwriting referrals and follow-up actions.
- Review and produce regular KPI and management reporting for underwriting and portfolio performance.
- Monitor portfolio and account performance against business plans, risk appetite, and underwriting guidelines.
- Support relationships with brokers and MGAs.
- Coordinate requests for information and assist in progressing opportunities through the underwriting process.
- Support due diligence and onboarding activities.
- Manage opportunity tracking and pipeline reporting.
- Coordinate activities across all functional departments to ensure an efficient operating model for multi-line portfolio business.
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:
- 5-8+ years of underwriting and/or delegated authority experience.
- Experience analysing underwriting performance and portfolio data.
- Strong organisational and project management skills.
- Excellent interpersonal and stakeholder management capabilities.
- Experience dealing with different functions such as operations, DUA, Actuarial, Legal, Claims, and Compliance.
- Strong analytical and problem-solving skills.
- Self-initiated and high motivation; proactively addressing issues.
What we prefer you to have:
- Experience working with MGAs, delegated authority, or portfolio business.
- Strong Excel and data analysis capabilities.
- Excellent written and verbal communication skills - ability to communicate to all stakeholders within and outside the organisation.
- Ability to manage competing priorities and deadlines.
For this position, we currently expect to offer a base salary in the range of X to Y. Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location. In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this, 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 vacation, and much more.
This posting is for an existing vacancy.
Location: London - Scalpel
Type: Full time
Underwriter - AXIS Capacity Solutions in London employer: Axis Capital
AXIS Capital is an exceptional employer that fosters a culture of inclusivity and empowerment, ensuring that every employee feels valued and supported. With a commitment to professional growth, employees have access to comprehensive benefits, including health and wellness programs, tuition reimbursement, and competitive compensation packages. Working in either the vibrant New York or London office, you will be part of a dynamic team that prioritises ethical practices and intelligent risk-taking, making it an ideal environment for those seeking meaningful and rewarding careers in finance.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter - AXIS Capacity Solutions in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Axis Capital). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
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 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 - AXIS Capacity Solutions in London
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 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 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 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 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 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 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.
