Job Information
Axis Sr Underwriter - Public Company Management Liability - D&O, EPLI, FLI and Crime 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.
Sr Underwriter
Public Company Management Liability, D&O, EPLI, FLI and Crime
New York or New Jersey metropolitan
The Senior Underwriter, Public Company Management Liability (D&O, EPLI, FLI, and Crime) will act within established guidelines and market to analyze, review, evaluate, and monitor new and renewal accounts for our Public Company Management Liability Practice. Senior Underwriters exercise independent judgment in processing accounts and managing underwriting activities. Sr. Underwrites typical support of $5 Million in GWP.
Candidate Profile
We seek a Senior Underwriter with expertise in Public Company Management Liability (including D&O, EPLI, FLI, and Crime) to join our team. The ideal candidate will have a proven history of success in a top-tier Commercial Insurance carrier and will focus on developing a complex Public Company Management Liability book that targets Complex Corporate Risks.
Qualified candidates should have strong connections within Management liability Retail broker channels. They should be experienced in portfolio management, including soliciting submissions, underwriting analysis, preparing and issuing indications/quotations/binders, and marketing.
In addition to technical expertise, we are looking for a candidate with an executive presence skilled in communication, influencing, and building solid relationships that add value to our business and contribute to longer-term strategic initiatives.
Work Profile
The work profile for this exciting position entails a unique hybrid work environment that offers the flexibility of working from home for two days a week and being present in one of our bustling New York or New Jersey metropolitan offices for the remaining three days.
In addition to the hybrid work environment, this position requires regular travel to meet with brokers and clients face-to-face. This aspect of the job provides an excellent opportunity to build strong relationships with clients and gain insights into the industry. The travel aspect also allows for personal and professional growth, as you can explore new places and meet new people.
As part of this role, you will also attend industry and company events. These events are an excellent opportunity to network with industry leaders, learn about the latest industry trends and innovations, and stay up-to-date with the latest developments in your field.
Key Duties and Responsibilities
Retain existing business while strategically prospecting new opportunities targeting Public Company Management Liability.
Manage a book of business with regard to new lines, renewals, and cross-marketing of product lines within AXIS, typically more than $5 Million in GWP.
Meet established divisional servicing objectives related to quote turnaround, policy issuance, phone management, renewal management, file maintenance, and documentation.
Analyze and underwrite individual risks. Develop appropriate limit structure, retention, pricing, and endorsements within underwriting guidelines.
Continue to develop and update product and underwriting knowledge.
Participate in prospecting by identifying new business targets and opportunities and work closely with retail brokers (Marsh, Aon, Willis, Lockton) to ensure the department receives the opportunity to offer proposals. Make strategy recommendations to the supervisor.
Review and evaluate primarily new business based on company underwriting guidelines, competition, and geographic focus. Develop strategy and make recommendations.
Cross-sell with Lower Middle Market Private Companies, Financial Institutions, Management Liability Practices, and other business units.
Perform the required number of broker marketing calls, including out-of-state travel.
Solicit new accounts, gather market intelligence, and deliver up-to-date department information on products and services.
Manage select agency relationships to ensure objectives are achieved.
Maintain up-to-date familiarity with economic and legal factors impacting the department’s business lines and the insurance industry.
Participate in special projects department initiatives.
Coordinate with branch marketing representatives and profit center representatives to allow for cross-marketing.
Required Education/Training & Experience:
Bachelor’s degree
A minimum of five years experience in underwriting or brokering in Public Sector Management Liability (D&O, EPLI, FLI, and Crime)
Direct background targeting insureds with revenues over $1.5 Billion
Strong presentation and interpersonal skills
Ability to establish broker relationships within the region
Other Desired Skills and Characteristics:
Proficiency in Microsoft Office suite applications (Outlook, Word, Excel, and PowerPoint)
Excellent negotiation skills and strong marketing abilities
Team player
We expect to offer a base salary of $176K to $221K for this position. The specific salary offer will be based on an assessment of various factors, including the successful candidate's experience and work location. In addition, all employees are eligible for competitive incentive targets, with awards based on overall corporate and individual performance. On top of this, we offer a comprehensive and competitive benefits package that includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.
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.