Senior Underwriter – Financial Institutions Lower Middle Market

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.

Senior Underwriter Financial Institutions (FI) Lower Middle Market (LMM)

Participates in marketing for submissions; reviews and evaluates(underwrites) a wide variety and possibly complex accounts for banks insurance companies hedge funds investment advisors and other financial institutions including management liability professional liability insurance and ancillary lines.

Key Duties & Responsibilities:

• Develop high level expertise in all Axis proprietary products systems Underwriting strategy/guidelines and pertinent industry classes

• Participate in prospecting through the identification of new business targets and opportunities work closely with brokers to ensure Axis receives the opportunity to offer proposal. Make underwriting recommendations to supervisor including terms conditions subjectivities and pricing.

• 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 broker to determine underwriting position relating to such requests within individual authority granted. Present those risks outside of authority level 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 including 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 departments lines of business and insurance industry.

• Participate in projects or perform other related work as required.

• Coordinate with marketing representatives and profit center representatives to allow for cross marketing.

Required Education/Training & Experience:

• Bachelors degree

• Typically requires a minimum of three to five years of experience in financial institution management/professional liability underwriting.

Other desired skills and characteristics:

• Proficiency in Microsoft Office suite applications (Outlook Word Excel and PowerPoint)

• Proficiency in Axis systems Duck Creek Insurance Desktop etc.

• Excellent negotiation and interpersonal communication skills
  
• Team player Strong presentation skills

• Strong basis of financial analysis Strong policy language analysis skills
  
• Proven marketing abilities and established relationships with brokers in the retail space

For this position we currently expect to offer a base salary in the range $145000 to 200000 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 this role is based in the United States of America this role is Exempt/Non-Exempt for FLSA purposes.

This posting is for an existing vacancy.