Underwriter - Terrorism

Underwriter - Terrorism

City of London Full-Time 36000 - 60000 Β£ / year (est.) No home office possible
A

At a Glance

  • Tasks: Prospect new business, underwrite risks, and manage client relationships in the insurance sector.
  • Company: Join AXIS Capital, a leading global provider of specialty lines insurance.
  • Benefits: Comprehensive benefits package, including medical plans, wellness programs, and tuition reimbursement.
  • Why this job: Make an impact in a dynamic environment while developing your career in insurance.
  • Qualifications: 5 years' experience in the London insurance market and strong analytical skills.
  • Other info: Collaborative culture with opportunities for professional growth and development.

The predicted salary is between 36000 - 60000 Β£ per year.

Overview

The Terrorism Underwriter will act as a representative within established guidelines to enhance the global position of AXIS. The candidate will be responsible for helping to manage the current book whilst developing new business opportunities, making recommendations based on their knowledge of local market conditions.

Responsibilities

  • Prospect new business targets and opportunities. Develop a pipeline for prospecting new business, targeting established and lapsed business relationships.
  • Review and evaluate new business opportunities based upon company underwriting guidelines, competition and geographic focus.
  • Underwrite an existing, renewing book of business.
  • Work closely with distribution partners to ensure AXIS receives opportunities to quote acceptable risks.
  • Meet established underwriting team servicing objectives related to quote turnaround, policy issuance, account and renewal management, file maintenance and documentation.
  • Review coverage requests provided by brokers and determine the units position within individual authority; present requests outside authority to the immediate supervisor for approval or guidance.
  • Analyse and underwrite individual risks. Develop appropriate limit structure, retention, pricing and endorsements within underwriting guidelines.
  • Understand Aggregation Modelling outputs and use these results to guide underwriting decisions (AIR preferred).
  • Continue to develop and update product and underwriting knowledge.
  • Maintain up-to-date familiarity with economic, geo-political and legal factors that impact the units products.
  • Participate in special projects and department initiatives at the request of the manager.
  • Business travel may be required.
  • Assist in training and development of more junior team members.
  • Confidently meet individually with clients and articulate the Teams appetite for risk.
  • Keep up to date with market conditions and trends and adapt these to day-to-day underwriting.
  • You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.

Qualifications

  • Highly motivated self-starter who can quickly assess marketplace opportunities for the benefit of AXIS and its clients
  • A minimum of 5 years\’ relevant experience in London insurance market
  • An ability to communicate technical concepts to a non-technical audience at all levels, including Executive Leadership.
  • Strong analytical skills and proven ability to align business analysis with departmental strategy
  • Excellent negotiation, interpersonal/communication skills, and strong marketing abilities
  • Ability to multi-task and manage conflicting priorities
  • Excellent team-working skills
  • Accurate and diligent working approach
  • Ability to establish broker relationships.

What we prefer you to have

  • Proficiency in Microsoft Office suite applications (Outlook, Word, Excel, and PowerPoint)
  • ACII Qualification (or working towards)

About AXIS and benefits

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.

Working arrangement

In this role, you will typically be required to: Be in the office 3-4 days per week.

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. In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance.

#J-18808-Ljbffr

Underwriter - Terrorism employer: AXIS Capital

AXIS Capital is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong commitment to employee growth, AXIS provides comprehensive benefits, including health and wellness programmes, tuition reimbursement, and competitive incentive compensation, ensuring that every team member feels valued and empowered. Join a diverse and inclusive culture that encourages you to bring your whole self to work while contributing to meaningful projects in the specialty lines insurance sector.
A

Contact Detail:

AXIS Capital Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Underwriter - Terrorism

✨Tip Number 1

Network like a pro! Get out there and connect with industry professionals, attend events, and join relevant online forums. The more people you know, the better your chances of hearing about job openings before they even hit the market.

✨Tip Number 2

Be proactive in your job search. Don’t just wait for job postings to appear; reach out directly to companies you’re interested in, like AXIS. A friendly email or LinkedIn message can go a long way in getting your foot in the door.

✨Tip Number 3

Prepare for interviews by researching the company and understanding their values and goals. Tailor your responses to show how your skills align with their needs, especially in areas like underwriting and risk assessment.

✨Tip Number 4

Follow up after interviews! A quick thank-you note can keep you top of mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’d be a perfect fit for the team at AXIS.

We think you need these skills to ace Underwriter - Terrorism

Underwriting
Risk Assessment
Market Analysis
Negotiation Skills
Interpersonal Skills
Communication Skills
Analytical Skills
Relationship Management
Multi-tasking
Attention to Detail
Microsoft Office Suite Proficiency
Teamwork
Client Engagement
Product Knowledge

Some tips for your application 🫑

Tailor Your CV: Make sure your CV is tailored to the Underwriter - Terrorism role. Highlight your relevant experience in the London insurance market and any specific skills that align with the job description. We want to see how you can bring value to AXIS!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how your background makes you a perfect fit for this role. Don’t forget to mention your ability to communicate technical concepts clearly, as that’s key for us.

Showcase Your Analytical Skills: Since strong analytical skills are crucial for this position, make sure to include examples of how you've successfully assessed risks or made data-driven decisions in your previous roles. We love seeing how you think!

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 shows you’re keen on joining our team at AXIS!

How to prepare for a job interview at AXIS Capital

✨Know Your Underwriting Guidelines

Before the interview, make sure you’re well-versed in the underwriting guidelines specific to terrorism insurance. Familiarise yourself with AXIS's approach and be ready to discuss how your experience aligns with their standards.

✨Showcase Your Analytical Skills

Prepare examples that highlight your analytical skills, especially in relation to risk assessment and decision-making. Be ready to discuss how you've used data to guide your underwriting decisions in the past.

✨Demonstrate Your Market Knowledge

Stay updated on current market conditions and trends in the insurance sector, particularly those affecting terrorism underwriting. Bring insights to the table during your interview to show you’re proactive and knowledgeable.

✨Build Rapport with Interviewers

Since strong interpersonal skills are crucial for this role, practice building rapport during the interview. Engage with your interviewers by asking insightful questions about their experiences and the company culture at AXIS.

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

A
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>