Senior Underwriter - Credit & Political Risks, Global Markets
Senior Underwriter - Credit & Political Risks, Global Markets

Senior Underwriter - Credit & Political Risks, Global Markets

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead underwriting for Credit & Political Risks, developing business and managing broker relationships.
  • Company: AXIS Capital, a trusted global provider of specialty insurance and reinsurance.
  • Benefits: Comprehensive benefits package including medical plans, wellness programs, and tuition reimbursement.
  • Why this job: Join a top-tier team and make a real impact in the insurance industry.
  • Qualifications: 5+ years in insurance, strong relationship-building skills, and excellent technical abilities.
  • Other info: Inclusive culture that values diverse backgrounds and offers career growth opportunities.

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. 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.

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.

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 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

AXIS Capital is an exceptional employer that prioritises the well-being and growth of its employees, offering a comprehensive benefits package including medical plans, health and wellness programmes, and tuition reimbursement. With a strong emphasis on an inclusive and entrepreneurial work culture, AXIS fosters an environment where individuals can thrive and contribute to meaningful projects in the dynamic field of Credit & Political Risks. Joining AXIS means becoming part of a highly regarded team that values collaboration, innovation, and professional development in the heart of the London Market.
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Contact Detail:

Axis Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Underwriter - Credit & Political Risks, Global Markets

✨Network Like a Pro

Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to current employees at AXIS. Building relationships can open doors that a CV just can't.

✨Show Off Your Expertise

When you get the chance to chat with recruiters or during interviews, make sure to highlight your experience in underwriting and your knowledge of the Credit & Political Risks sector. We want to see how you can bring value to the team!

✨Prepare for the Interview

Do your homework on AXIS and the C&P market. Be ready to discuss recent trends and how they might impact the business. This shows you're not just interested in the role, but you're also invested in the company's success.

✨Apply Through Our Website

Don’t forget to 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 the AXIS family.

We think you need these skills to ace Senior Underwriter - Credit & Political Risks, Global Markets

Underwriting
Credit & Political Risks Knowledge
Broker Relationship Management
Analytical Skills
Market Intelligence Gathering
Strategic Growth Identification
Negotiation Skills
Presentation Skills
Attention to Detail
Team Collaboration
Microsoft Office Proficiency
Insurance Industry Experience
CII Qualifications or Progression Towards
Multi-tasking Ability
Interpersonal Communication Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the specific skills and experiences that align with the Senior Underwriter role. Highlight your insurance industry experience and any relevant achievements to catch our eye!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about underwriting and how your background makes you a perfect fit for our team at AXIS.

Showcase Your Team Spirit: We love team players! In your application, mention examples of how you've successfully collaborated with others in previous roles. This will show us you’re ready to jump into our close-knit environment.

Apply Through Our Website: For the best chance of success, make sure to apply directly through our website. It’s the easiest way for us to keep track of your application and get back to you quickly!

How to prepare for a job interview at Axis

✨Know Your Stuff

Make sure you brush up on your knowledge of credit and political risks. Familiarise yourself with the latest trends in the insurance industry, especially within the London Market. This will not only help you answer questions confidently but also show that you're genuinely interested in the role.

✨Showcase Your Relationships

Since building broker relationships is key for this role, be ready to discuss your past experiences. Prepare examples of how you've successfully developed and maintained these relationships, and think about how you can leverage them for AXIS.

✨Demonstrate Strategic Thinking

The role requires identifying growth areas and potential threats. Be prepared to discuss your approach to strategic growth in underwriting. Think of specific instances where you've successfully identified opportunities or mitigated risks in your previous roles.

✨Practice Your Presentation Skills

With excellent presentation skills being a must-have, consider rehearsing a brief pitch about your experience and how it aligns with AXIS's goals. This will help you feel more comfortable during the interview and showcase your communication abilities effectively.

Senior Underwriter - Credit & Political Risks, Global Markets
Axis

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