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AXIS (AXIS Capital) · 2 months ago

Assistant Underwriter, Global Markets Portfolios

London - Scalpel

Full-time

Hybrid

New Grad, Entry Level

AXIS Capital is a trusted global provider of specialty lines insurance and reinsurance. The Assistant Underwriter will support the underwriting team by assisting in the development, evaluation, and servicing of new and renewal business, while maintaining strong relationships with brokers and internal partners.

FinanceFinancial ServicesInsurance

Responsibilities

Support Underwriters to achieve targets set out in the business plan, in accordance with underwriting standards and controls

Gain an understanding of risk appetite and decisions, selection and underwriting process and reviewing risks with that in mind, to ensure underwriting standards are maintained, and documenting accordingly

Prepare underwriting deal assessment papers, summaries, and presentations for internal stakeholders, ensuring accuracy and clarity of information

Review coverage requests and referrals and assess the business unit’s position relating to such requests with guidance from Underwriters

Build strong relationships with brokers and internal/external business partners, with particular attention to service and responsiveness

Attend client and broker meetings with or without colleagues as appropriate

Work with Delegated Underwriting team, Contract Certainty, Conduct Risk, Claims, Exposure Management, Finance, and Actuarial during renewal/new business assessment and ongoing performance monitoring

Work with Portfolios Business Partner and liaise with Underwriting Assistant, other underwriting departments and functional teams as necessary on various aspects such as risk entries, premium queries, bordereaux reporting, exception reports, credit control, regulatory reporting etc. in support of the underwriting team

Work with Portfolios data analysts and Portfolios Business Partner to enhance MI and analytic tools

Maintain Portfolios renewal list and relevant underwriting spreadsheets

Assist in the development of the unit’s annual underwriting plan and budget reporting process

Achieve agreed training programmes as applicable, including Lloyd’s briefings, market seminars, CII, etc

Monitoring regulatory, market and agency bulletins and circulars

Assist in all other general underwriting administration and processing functions to ensure efficient workflow within the team. Maintenance of files and systems, when required

Qualification

Underwriting support experienceExcel skillsMicrosoft Office proficiencyPower BI navigationData analysisNumerical skillsProactive attitudeAttention to detailTeam playerPresentation skillsCommunication skills

Required

Exceptional attention to detail, ability to analyse data, with an accurate and diligent approach to completing tasks

Intermediate Excel skills, able to perform lookup functions, pivot tables and demonstrate knowledge of Excel formulae

Intermediate skills in Microsoft Office applications including Word, PowerPoint

Ability to multi-task and manage conflicting priorities, meeting deadlines in a timely fashion

Team player who will thrive in a fast-paced, close and collaborative team environment

Good numerical and presentation skills

Desire to learn and develop

Highly motivated and solution orientated, using Initiative and being proactive

Ability to effectively communicate and build relationships with a wide range of internal and external parties

Preferred

Experience in (re)insurance underwriting support preferred – ideally some experience with delegated authorities in a Lloyd's syndicate operation

Preferably able to navigate Power BI reports confidently

Benefits

Medical plans for you and your family

Health and wellness programs

Retirement plans

Tuition reimbursement

Paid annual leave

Much more

Company

AXIS (AXIS Capital)

In a world that never stands still – where the nature of risk is constantly evolving and the needs of your customers are continually changing – you need a partner that turns challenges into possibilities and possibilities into opportunities.

Founded in 2001