Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support underwriters in analysing and evaluating construction insurance accounts.
- Company: Join AXIS Capital, a leader in specialty lines insurance with a vibrant culture.
- Benefits: Inclusive workplace, professional development opportunities, and support for all backgrounds.
- Why this job: Be part of a dynamic team in the exciting construction insurance sector.
- Qualifications: Experience in insurance or reinsurance, strong analytical skills, and attention to detail.
- Other info: Great career growth potential and a chance to make a real impact.
The predicted salary is between 36000 - 60000 £ per year.
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 Construction team is seeking a dynamic individual to join our strategic team of underwriters operating in one of the most exciting parts of the specialty insurance industry. We currently invite applications for the role of Assistant Underwriter for our market leading construction team. The Assistant Underwriter will act within established guidelines to support the underwriters to market, analyse, review, evaluate and monitor new and renewal accounts for construction business.
- Underwriting Support
- Contractors' All Risks (CAR)
- Erection All Risks (EAR)
- Project-specific and annual construction programmes
- Delegated Authority business
- Risk Assessment & Underwriting
- Support risk assessment by reviewing submissions, policy wordings, schedules, and supporting documentation.
- Obtain natural catastrophe modelling results for the underwriting team.
- Prepare underwriting information, pricing models, and risk summaries for review by senior underwriters.
- Assist in determining appropriate terms, conditions, deductibles, and premiums in line with underwriting strategy.
- Broker & Market Interaction
- Develop and maintain effective working relationships with Lloyd’s brokers.
- Support broker meetings, presentations, and renewal discussions.
- Respond to broker enquiries in a timely and professional manner.
- Assist with new business development and renewal negotiations.
- Portfolio Management & Analytics
- Premium, exposure, and aggregation
- Loss ratios and claims trends
- Assist with management information, reporting, and data quality initiatives.
- Ensure accurate entry and maintenance of underwriting data within Lloyd’s systems.
- Governance, Compliance & Controls
- Lloyd’s Minimum Standards
- Managing agent underwriting guidelines
- Regulatory and compliance requirements
- Assist with peer reviews, referrals, and audit processes.
- Maintain accurate and complete underwriting files and documentation.
- Collaboration & Development
- Support continuous improvement of underwriting processes and controls.
- Actively pursue professional development, including CII qualifications, as appropriate.
Skills & Experience
- Experience in insurance or reinsurance, ideally within construction or specialty lines.
- Understanding of Lloyd’s market operations and underwriting processes.
- Strong analytical and numerical skills.
- Excellent written and verbal communication skills.
- High level of attention to detail and organisational ability.
- Proficiency in Microsoft Excel and other underwriting systems.
Desirable
- Previous exposure to construction insurance (CAR/EAR, project risks).
- Experience working with Lloyd’s brokers or within a Lloyd’s syndicate or managing agent.
- Progress toward, or completion of, CII qualifications.
- Familiarity with exposure management tools and underwriting platforms.
Personal Attributes
- Commercially minded with a strong interest in construction underwriting.
- Proactive, motivated, and keen to learn.
- Able to work effectively in a fast-paced, deadline-driven environment.
- Strong team player with the confidence to build internal and external relationships.
Assistant Underwriter - Construction employer: Axis
Contact Detail:
Axis Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Underwriter - Construction
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance and construction sectors. Attend industry events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching AXIS Capital and understanding their values. Familiarise yourself with their approach to underwriting and client service. This will help you tailor your responses and show that you’re genuinely interested in being part of their team.
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills and experiences align with the Assistant Underwriter role. Highlight any relevant experience in construction insurance or working with Lloyd’s brokers, and don’t forget to showcase your analytical skills!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining AXIS Capital and being part of their dynamic construction team. Don’t miss out on this opportunity!
We think you need these skills to ace Assistant Underwriter - Construction
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Assistant Underwriter role. Highlight any relevant experience in insurance or construction, and don’t forget to showcase your analytical skills and attention to detail!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about construction underwriting and how your background makes you a great fit for our team at AXIS.
Showcase Your Skills: We love seeing strong communication and organisational skills. Be sure to mention any experience with Lloyd’s brokers or your proficiency in Microsoft Excel, as these are key for the role!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way to ensure your application gets to us directly. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Axis
✨Know Your Stuff
Make sure you brush up on your knowledge of construction insurance, especially Contractors' All Risks and Erection All Risks. Familiarise yourself with the Lloyd’s market operations and underwriting processes, as this will show that you're serious about the role and understand the industry.
✨Show Off Your Analytical Skills
Since the role requires strong analytical and numerical skills, be prepared to discuss examples from your past experiences where you've successfully analysed data or assessed risks. Bring along any relevant reports or analyses you've done to showcase your abilities.
✨Build Relationships
Demonstrate your ability to develop effective working relationships by discussing how you've interacted with brokers or clients in previous roles. Highlight any successful negotiations or presentations you've been a part of, as this will show your potential to thrive in broker meetings and renewal discussions.
✨Ask Thoughtful Questions
Prepare some insightful questions about AXIS Capital's approach to underwriting and their team culture. This not only shows your interest in the company but also gives you a chance to assess if it's the right fit for you. Think about what you want to know regarding their continuous improvement initiatives or professional development opportunities.
