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- Tasks: Support underwriting units and ensure compliance with delegated authority contracts.
- Company: Join a leading global markets division with a focus on collaboration.
- Benefits: Comprehensive benefits package including health plans, tuition reimbursement, and paid leave.
- Why this job: Make a real impact in the insurance industry while developing your career.
- Qualifications: 4+ years in DUA business with strong communication and customer service skills.
- Other info: Opportunity for growth in a dynamic environment with flexible working arrangements.
The predicted salary is between 36000 - 60000 £ per year.
How does this role contribute to our collective success? As a Senior Delegated Underwriting Assistant, you will help ensure the oversight and compliance of delegated authority arrangements by assisting the Delegated UW Manager in managing the administration of all business written into AXIS Global Markets Division under delegated authority contracts.
What will you do in this role?
- You will provide guidance and support to underwriting units in relation to Delegated authority business and ensure compliance with Lloyd’s Code of Practice and minimum standards.
- You will develop and maintain appropriate approval and review processes for new and existing Coverholders and Delegated authority contracts.
- You will provide regular reporting, including monitoring of key performance indicators, addressing DUA performance, controls and exception reporting for the DUA team and other stakeholders.
- You will be responsible for Atlas & DCOM administration.
- You will liaise with Lloyd’s Policyholder & Third-Party Oversight team as required.
- You will assist the DUA Manager and Head of Delegated Underwriting Authority as required in the ongoing management of all areas of Axis’s Delegated Underwriting business.
- You will co-ordinate and undertake wider projects and duties in relation to DUA business.
- You will use formal reporting mechanisms to promptly notify relevant parties of any perceived new risk or failures of existing control measures.
- You will always endeavour to 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:
- 4+ years’ experience of DUA business from a previous DUA role in Lloyd’s, London Market or Broking firm.
- Independently manage / balance workloads whilst identifying prioritisations and adapting as necessary.
- Display strong interpersonal skills and be able to communicate effectively with multiple different stakeholders both internally and externally.
- Display strong written communication skills to allow the job holder to write and respond to emails, memos, and other written correspondence.
- Display strong customer service ethic ensuring good relationships are maintained both internally and externally.
- Able to apply own knowledge, work independently and as part of a team.
- Strong working knowledge of Lloyd’s Delegated Authority business requirements and the ability to apply them into day-to-day activities.
- Knowledge of Lloyd’s Atlas & DCOM systems.
Role Factors: In this role, you will typically be required to travel to the London office for 3 days a week (current requirement which is continually evaluated and may be subject to change).
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.
Senior DUA Assistant employer: AXIS Capital
Contact Detail:
AXIS Capital Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior DUA Assistant
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work in DUA or related fields. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Lloyd’s Delegated Authority business. Be ready to discuss how your experience aligns with the role and how you can contribute to AXIS's success.
✨Tip Number 3
Showcase your interpersonal skills during interviews. Remember, it's not just about what you know, but how you communicate and build relationships with stakeholders. Practice makes perfect!
✨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 genuinely interested in joining our team at AXIS.
We think you need these skills to ace Senior DUA Assistant
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Senior DUA Assistant role. Highlight your relevant experience in DUA business and how it aligns with what we’re looking for at AXIS. This shows us you’ve done your homework and are genuinely interested!
Show Off Your Communication Skills: Since strong written communication is key for this role, ensure your application is clear and concise. Use professional language but keep it friendly. We want to see your personality shine through while still being professional!
Highlight Your Experience: Don’t forget to emphasise your 4+ years of experience in DUA or related fields. Share specific examples of how you’ve managed workloads, communicated with stakeholders, and ensured compliance. This helps us understand how you can contribute to our success.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at AXIS Capital
✨Know Your DUA Inside Out
Make sure you brush up on your knowledge of Delegated Underwriting Authority (DUA) business. Familiarise yourself with Lloyd’s Code of Practice and the specific requirements for Coverholders and contracts. This will show that you’re not just a candidate, but someone who understands the intricacies of the role.
✨Showcase Your Communication Skills
Since this role involves liaising with various stakeholders, be prepared to demonstrate your strong interpersonal and written communication skills. Think of examples from your past experiences where you effectively communicated complex information or resolved issues with clients or colleagues.
✨Prepare for Scenario Questions
Expect questions that assess how you would handle specific situations related to DUA performance and compliance. Prepare by thinking through potential scenarios and how you would approach them, especially in terms of risk management and improving customer experience.
✨Highlight Your Adaptability
The job requires balancing workloads and adapting to changing priorities. Be ready to discuss times when you successfully managed multiple tasks or adapted to new challenges. This will illustrate your ability to thrive in a dynamic environment, which is crucial for this role.
