Axis Senior Underwriter, Financial Institutions in New York, New York
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.
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.
Participate in the marketing, review and evaluation of highly complex policies for banks, insurance companies, hedge funds, investment advisors, and other financial institutions including management liability, professional liability insurance and ancillary lines.
Key Duties & Responsibilities:
Participate in prospecting through the identification of new business targets and opportunities, work closely with producer/agent to ensure department receives opportunity to offer proposal. Make strategy recommendations to manager.
Review and evaluate new and renewal business based upon company underwriting guidelines, competition and geographic focus. Develop strategy and make recommendations.
Review coverage requests provided by agent and determine department’s position relating to such requests within individual authority granted. Present those outside authority to immediate supervisor for approval or guidance.
Analyze and underwrite individual risks. Develop appropriate limit structure, retention, pricing and endorsements within authority granted. Refer to supervisor for approval if outside authority.
Manage personal book of business with regards to new lines, renewals and cross marketing of product lines within the department.
Meet all divisional servicing objectives including but not limited to quote turnaround, policy issuance, phone management, file maintenance and documentation, etc. Maintain data integrity for underwriting system.
Perform required marketing calls through regular broker visits on timely and frequent basis. Solicit new accounts, gather market intelligence and provide up to date department information relating to products and services. Manage select agency relationships to ensure objectives are achieved.
Perform all necessary travel as required for marketing calls as well as client meetings.
Continue to develop and update product and underwriting knowledge.
Maintain up-to-date familiarity with economic and legal factors comparing department’s lines of business and insurance industry.
Participate in projects or perform other related work as required.
Coordinate with branch marketing representatives and profit center representatives to allow for cross marketing.
Required Education/Training & Experience:
Bachelor’s degree in Business, Economics, Accounting, Mathematics, or related field preferred
A minimum of 2 to 5 years of experience in executive liability underwriting.
Other desired skills and characteristics:
Proficiency in Microsoft Office suite applications (Outlook, Word, Excel, and PowerPoint)
Excellent negotiation and interpersonal communication skills
Strong presentation skills
Strong basis of financial analysis
Strong policy language analysis skills
Proven marketing abilities and established relationships with brokers in the area
Rewarding. Challenging. Meaningful.
We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry.
Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. At AXIS, we value each individual and recognize that attracting and retaining the right people is essential to the success of our company.
We offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.