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- Tasks: Support the Delegated UW Manager in overseeing AXIS International Division's delegated authority contracts.
- Company: Join AXIS Capital, a leading global provider of specialty insurance and reinsurance.
- Benefits: Enjoy a competitive benefits package, including medical plans, wellness programs, and tuition reimbursement.
- Why this job: Be part of an inclusive culture that values your unique contributions and promotes professional growth.
- Qualifications: 4+ years in Delegated UW business; strong Microsoft Office skills; ability to analyse data effectively.
- Other info: Hybrid working model available; opportunities for students and seasoned professionals alike.
The predicted salary is between 43200 - 64800 £ per year.
Senior Delegated Underwriting Assistant page is loaded
Senior Delegated Underwriting Assistant
Apply locations London – Scalpel time type Full time posted on Posted 30+ Days Ago job requisition id REQ06069
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?
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Provide guidance and support to underwriting units in relation to Delegated authority business and ensuring compliance with Lloyd’s code of practice and minimum standards.
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Develop and maintain appropriate approval and review processes for new and existing Coverholders & Delegated authority contracts.
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Provide regular reporting, including monitoring of key performance indicators, addressing DUA performance, controls and exception reporting for the DUA team and other stakeholders.
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Atlas & DCOM administration
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Liaise with Lloyd’s Policyholder & Third-Party Oversight team as required
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Assist the DUA Manager and Head of Delegated UW Operations as required in the ongoing management of all areas of AXIS’ Delegated UW business
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Co-ordinate and undertake wider projects and duties in relation to DUA business
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Use formal reporting mechanisms to promptly notify relevant parties of any perceived new risks or failures of existing control measures
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At all times consider the effect of any actions taken on AXIS Customers with the intention of improving their experience.
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:
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4+ years’ experience of Delegated UW business from a previous DUA role in a Lloyd’s, London Market or Broking firm.
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Microsoft Office including Outlook, PowerPoint, Word, Excel, Dynamics to a high standard
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Lloyd’s Systems – Atlas and DCOM
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Ability to follow processes and procedures
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Ability to analyse data and present results in a clear and concise manner as appropriate to the audience
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Ability to communicate and build relationships with a wide range of external and internal stakeholders
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Ability to work well under pressure
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Ability to build trust by operating with integrity and professionalism
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Influencing and negotiating skills
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Problem-solving skills
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Strong organisation and time management skills
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Exceptional attention to detail
What we prefer you to have:
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Progressing with CII examinations
Role Factors:
In this role, you will be required to:
Adhere to AXIS Hybrid working model.
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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We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry.
Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. At AXIS, we value each individual and recognize that attracting and retaining the right people is essential to the success of our company.
We offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.
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Senior Delegated Underwriting Assistant employer: AXIS Capital
Contact Detail:
AXIS Capital Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Delegated Underwriting Assistant
✨Tip Number 1
Familiarise yourself with Lloyd's code of practice and minimum standards, as this role heavily involves compliance. Understanding these regulations will not only help you in the interview but also demonstrate your commitment to the industry.
✨Tip Number 2
Network with professionals in the Delegated Underwriting space, especially those who have experience with AXIS or similar firms. Engaging in conversations can provide insights into the company culture and expectations, which can be invaluable during your application process.
✨Tip Number 3
Brush up on your Microsoft Office skills, particularly Excel and PowerPoint, as these tools are essential for reporting and data analysis in this role. Being proficient will give you an edge and show that you're ready to hit the ground running.
✨Tip Number 4
Prepare to discuss your problem-solving and organisational skills in detail. Think of specific examples from your past experience where you've successfully navigated challenges in a fast-paced environment, as this will resonate well with the hiring team.
We think you need these skills to ace Senior Delegated Underwriting Assistant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your 4+ years of experience in Delegated Underwriting, particularly any roles within Lloyd’s or the London Market. Use specific examples that demonstrate your skills in compliance, reporting, and stakeholder management.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at AXIS Capital. Mention how your background aligns with their values of integrity and professionalism, and provide examples of how you've successfully influenced and negotiated in previous roles.
Highlight Relevant Skills: Emphasise your proficiency in Microsoft Office and Lloyd’s Systems like Atlas and DCOM. Be specific about your ability to analyse data and present it clearly, as this is crucial for the role.
Showcase Problem-Solving Abilities: Include examples in your application that demonstrate your problem-solving skills and attention to detail. This could be through specific projects or challenges you’ve faced in previous positions related to Delegated Underwriting.
How to prepare for a job interview at AXIS Capital
✨Know Your Delegated Underwriting
Make sure you have a solid understanding of delegated underwriting processes and the specific requirements of the role. Brush up on your knowledge of Lloyd’s code of practice and minimum standards, as these will likely come up during the interview.
✨Demonstrate Analytical Skills
Prepare to discuss how you've used data analysis in previous roles. Be ready to provide examples of how you've presented results clearly and concisely, as this is crucial for the position.
✨Showcase Your Communication Abilities
Since the role involves liaising with various stakeholders, be prepared to demonstrate your communication skills. Think of examples where you've successfully built relationships or influenced decisions in a professional setting.
✨Highlight Attention to Detail
Given the nature of the role, exceptional attention to detail is key. Prepare to discuss instances where your meticulousness has positively impacted your work, especially in compliance and reporting tasks.
