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Senior Underwriter, Lloyd's Casualty

Senior Underwriter, Lloyd's Casualty

AXIS CapitalLondon - Scalpel
30+ days ago
Salary
£70,000.00–£120,000.00 yearly
Job type
  • Full-time
Job description

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.

How does this role contribute to our collective success?

AXIS Re is looking for an Senior Underwriter in London to help manage Casualty Treaty business sourced from Lloyd's brokers. You'll evaluate risks, set coverage and pricing, and collaborate with the Head of Casualty to drive portfolio growth. Strong analytical skills, attention to detail, and effective communication skills are key. Join us for an exciting opportunity to shape the future of casualty underwriting in the Lloyd's market!

What will you do in this role?

Originate, underwrite and assisting with costing of Casualty treaty business in compliance with the appropriate guidelines and within allocated authority while conforming to best practices and focusing on efficiency in approach

Build and maintain broker and client professional network to support profitable business origination through the Lloyd’s broker market

Track industry and market developments and raise these for strategic discussions with clients including a considered view as to how AXIS Re might help the client navigate the changes

Participate in underwriting audits and monitoring of account performance

Maintain an understanding of all current issues affecting the insurance and reinsurance industries in the Casualty line of business

Travel to service customers and attend industry conferences

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 experiences, 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 :

Degree a plus

ACII qualified or close to completion

Strong industry relationships and well respected by brokers and insurers.

Working knowledge of actuarial and pricing concepts. Experience partnering with actuarial teams to price and structure reinsurance treaties.

A thorough understanding of the underlying business

A strong grasp of policy forms, contract wording and pricing schemes. The individual should also understand the role and impact of claims, actuarial, accounting, and finance in the underwriting process

Excellent marketing skills are required to develop and maintain relationships with brokers and insurers

Strong focus on identifying client needs and flexibility in developing solutions

Enthusiasm for new business opportunities and the desire to think creatively

Strong communication, negotiation and influencing skills

Acts strategically and exhibits an entrepreneurial mindset

Excellent organisational skills and ability to manage peak period workflow

Ability to work in a demanding environment and effectively lead change

Effective strategic relationship management and portfolio management skills

Highly collaborative and versatile; with the ability to work effectively both independently and as part of a team

What we prefer you to have :

Minimum 7 years’ experience in progressively advancing underwriting roles in the insurance industry and / or in the reinsurance brokerage sector

Strong broker and insurer contacts, with excellent understanding of the Casualty insurance / reinsurance markets

Role Factors :

In this role, you will typically be required to :

Work 40 hours per week on average

Willingness to travel internationally

Be in the office at least 3 days per week

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.