Underwriter, Cyber & Technology

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 any protected characteristic, including age, color, disability, ethnicity, gender identity, marital status, national origin, pregnancy, race, religion, sex, sexual orientation, veteran status, or any basis prohibited by the laws that govern its operations.

The Job Holder is responsible for assisting the Unit in all aspects of underwriting new and renewal business, helping to build and develop a profitable and balanced portfolio of risks.

Key Responsibilities

Establish and maintain beneficial working relationships with brokers, clients, vendors, re-insurers and other internal and external stakeholders to develop business and achieve targets set out in the business plan, in accordance with company policy on underwriting standards and controls.

Underwrite such classes of business as outlined in the Underwriting Authority and Guidelines document to achieve targets set out in the Unit’s business plan whilst monitoring global aggregation.

Must work, at all times, within Underwriting, Pricing and Underwriting Authority Guidelines.

Participate in marketing the Unit’s products and services through approved broker network.

Develop and maintain agency and/or broker relationships.

Check Daybook entries to ensure accuracy of data inputted.

Where appropriate, work alongside the Cyber Product, Pricing, Training and Breach Response and Cyber Operations Teams to understand and contribute directly to the success of their initiatives.

Compare and review insurance contracts.

Maintain, where appropriate, office files and systems in an accurate and timely manner.

Assist with regulatory and ad-hoc administration.

Monitor portfolio of risks on systems such as Desktop, Daybook, Tableau and PPL.

Monitor regulatory, market and agency bulletins and circulars and disseminate information to the Unit.

Ensure risks written are in compliance with Axis and Lloyd’s Minimum Standards.

Attend client presentations and gather information for underwriting purposes whilst representing Axis.

Undertake appropriate training courses and professional examinations to enhance knowledge of insurance and Cyber insurance sectors including modules included in the Cyber & Technology Division Learning Pathway.

Where appropriate, liaise with other departments on various issues such as risk entries, premium queries, contract certainty, premium bookings, claims, exception reports and credit control queries.

Prepare risks to enable in-team and independent Peer Review.

Liaise with the Delegated Underwriting Authority and Conduct Risk teams on coverholder business.

Act in a way that pays due regards to the interests of customers and treats them fairly at all times.

Use formal reporting mechanisms to promptly notify relevant parties of any perceived new risks or failures of existing control measures.

Consider, at all times, the effect of any actions taken on the customers of Axis with the intention of improving their experience.

Must endeavour, at all times, to provide accurate, complete and appropriate data, in accordance with the Axis Data Policy.

Background

Knowledge of Axis history, structure/organisation and activities

Knowledge of general insurance and Cyber & Technology Insurance

Knowledge of principles and practice of reinsurance

Knowledge of FCA, PRA and Lloyd’s of London including applicable compliance requirements

Background in Cyber, Media or Technology insurance, preferably within the London market

Required Skills and Experience:

Graduate Degree Level Qualifications preferred.

Knowledge of relevant laws and regulations.

Excellent technology literacy, including competence in Microsoft Excel and other MS Office systems.

Excellent numeracy and analytical skills, including ability to analyse and compare data and reports.

Ability to analyse data and present results in a clear and concise manner.

Excellent Verbal and Written communication.

Presentation skills.

Strong problem solving and negotiation skills.

Ability to work with minimal supervision.

Ability to multi task and manage conflicting priorities.

Ability to communicate and build a rapport with a wide range of people.

Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location.

In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this, 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 vacation, and much more.

This posting is for an existing vacancy.