At a Glance
- Tasks: Lead underwriting for Credit & Political Risks, developing relationships and managing accounts.
- Company: Join AXIS Capital, a trusted global provider of specialty insurance and reinsurance.
- Benefits: Comprehensive benefits package including medical plans, retirement plans, and tuition reimbursement.
- Why this job: Be part of a dynamic team making impactful decisions in the insurance industry.
- Qualifications: 5+ years in insurance, strong technical skills, and ability to build relationships.
- Other info: Inclusive culture that values diverse backgrounds and encourages personal growth.
The predicted salary is between 48000 - 72000 £ 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 Global Market’s Credit & Political Risks team is highly regarded in the market and is seeking a dynamic individual to join our team of underwriters to further develop the existing portfolio from an exceptionally strong base. The role would involve underwriting a wide range of business, across a myriad of sub-sectors in the Credit & Political Risks (C&P) world including but not limited to Credit, Contract Frustration and Confiscation. The Senior Underwriter will act within established guidelines to market, analyse, review, evaluate and monitor new and renewal accounts of all C&P 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 C&P and have an ability to bring in and develop relationships with brokers and clients.
Responsibilities
- Take a lead position within the C&P Underwriting Team.
- Develop the existing book and explore opportunities for profitable growth.
- Work alongside the C&P Team leader to manage key broker relationships.
- Review, analyse, evaluate and underwrite new and renewal business within AXIS underwriting guidelines and individual Letter of Authority and make recommendations on business that falls outside authority to Team Leader.
- Review and evaluate coverage requests provided by Brokers and Coverholders and determine the C&P team’s position relating to such requests within individual authority granted.
- Present those outside authority to Team Leader for approval or guidance.
- Report on an ad hoc basis regarding pipelines, new opportunities, and progress towards strategic goals.
- Work alongside other teams within AXIS, to cross market products.
- Meet all Divisional servicing objectives including but not limited to quote turnaround, file maintenance and documentation.
- Work alongside the C&P Team leader and AXIS Distribution Team to develop a distribution strategy across Delegated and open market business.
- Perform all necessary travel as required for broker development as well as client meetings.
- Gather market intelligence and 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.
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 experience 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:
- Significant insurance industry experience (at least 5 years), preferably in the London Market in either underwriting or broking C&P.
- Ability to identify strategic growth areas and to highlight any potential threats to the profitability of the account.
- Proven track record of successfully developing a book.
- Ability to build new and existing broker and coverholder relationships.
- Excellent technical skills in the class.
- Strong team player who is effective working in a close team environment.
- Open communication style and excellent presentation skills.
- Attention to detail.
Other desired skills & capabilities:
- Excellent negotiation, interpersonal/communication skills, and strong marketing abilities.
- Self-initiative and high motivation; proactively addressing issues.
- Ability to multi-task and manage conflicting priorities.
- Accurate and diligent working approach.
- CII qualifications or working towards.
- Proficiency in Microsoft Office suite applications (Outlook, Word, Excel, and PowerPoint).
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 Underwriter - Credit & Political Risks, Global Markets employer: AXIS Capital
Contact Detail:
AXIS Capital Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter - Credit & Political Risks, Global Markets
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those in underwriting or broking. A friendly chat can lead to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge in Credit & Political Risks. Be ready to discuss market trends and how you can contribute to AXIS's growth. Show them you mean business!
✨Tip Number 3
Don’t just wait for job openings; be proactive! Visit our website regularly and apply directly through it. This shows your enthusiasm and commitment to joining the AXIS team.
✨Tip Number 4
Follow up after interviews with a thank-you note. It’s a simple gesture that keeps you on their radar and shows your appreciation for the opportunity. Plus, it’s a great way to reiterate your interest in the role!
We think you need these skills to ace Senior Underwriter - Credit & Political Risks, Global Markets
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Underwriter role. Highlight your relevant experience in underwriting and your ability to develop broker relationships. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the Credit & Political Risks sector and how you can contribute to AXIS Capital's success. Let us know what makes you unique!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've successfully developed a book or managed key relationships. Numbers and results speak volumes to us!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at AXIS Capital
✨Know Your Stuff
Make sure you brush up on your technical knowledge related to Credit & Political Risks. Understand the nuances of underwriting in this area, and be ready to discuss specific examples from your experience that demonstrate your expertise.
✨Build Rapport with Brokers
Since relationship-building is key in this role, think about how you can showcase your ability to connect with brokers and clients. Prepare anecdotes that highlight successful partnerships you've developed in the past.
✨Showcase Your Strategic Thinking
Be prepared to discuss how you've identified growth opportunities or mitigated risks in previous roles. This will demonstrate your ability to think critically and strategically, which is essential for a Senior Underwriter.
✨Ask Insightful Questions
Prepare thoughtful questions about AXIS Capital's approach to underwriting and market challenges. This shows your genuine interest in the company and helps you assess if it's the right fit for you.