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.
Underwriting Associate – Marine
How does this role contribute to our collective success?
The primary focus of the Underwriting Associate role (about 70%) is to provide comprehensive support for underwriting activities. This includes serving as the main point of contact for designated accounts, managing tasks throughout the renewal process, and assisting with new prospective accounts from initial submission to contract expiration. While guidance from an Underwriter may be available, the Underwriting Associate is responsible for making decisions on accounts and addressing endorsements within their assigned authority. This position also offers opportunities for professional growth and development within both Operations and Underwriting functions.
What will you do in this role?
Underwriting Support
- Gather underwriting information on behalf of the underwriter and complete the underwriting renewal quote and binder documents, ensuring the timeliness and accuracy levels are met.
- Accept new/renewal risks, if authorized, with some financial and limit restrictions within agreed underwriting authority limits as applicable.
- Complete rating, experience modifications and policy issuance for automatic renewals, within assigned underwriting authority in a timely manner.
- Perform quote renewal preparation, which may require underwriting review.
- Review renewal files to ensure accuracy and draft rating/pricing recommendation for pre-analysis support, as requested.
- Collaborate with claims adjusters, gathering information on specific claims for review with underwriter.
- Act as a key resource for understanding complex accounts and changes in endorsements.
- Provide subject matter expertise on Insurance Desktop (IDT) and Duck Creek (DC)
- Support underwriters on day-to day processes when required (though not the primary function)
- Assists with quality reviews as needed.
- May be assigned special projects that require strong analytical skills.
- Actively learn and pursue knowledge about the market, underwriting and business plans, as well as profit drivers
Communication and Relationship Building
- Provide exceptional customer service to brokers, clients, and internal stakeholders.
- Address inquiries and resolve issues in a timely and professional manner.
- Ability to articulate the Line of Business’ strategy and influence broker adoptions of changes.
- Communicate effectively with managers and operations support teams regarding complex accounts and changes.
- Report issues through business technology ticketing system and ensuring prompt resolution of issue is communicated to impacted parties.
- Assists with training and mentoring colleagues as requested.
Compliance, Regulatory Oversight and Documentation Management
- Maintain accurate and up-to-date underwriting documentation and records.
- Ensure adherence to record-keeping policies and procedures.
- Stay informed about regulatory changes and updates affecting the insurance industry.
- Ensure compliance with underwriting regulations and standards.
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:
- 7-10 years prior experience within the insurance industry
- Knowledge of Property and Casualty Insurance business concepts.
- Proficiency in Microsoft Office products and the ability to operate within a network environment.
- Ability to lead and mentor.
- Ability to work effectively in a team setting as well as to work independently in a fast-paced environment.
- Strong demonstration of initiative, interpersonal skills, and a professional demeanor.
- Energetic self-starter with resilience and entrepreneurial spirit coupled with an inquisitive mindset.
- Comfortable to offer suggestions for process improvement/enhancement.
- Capable of effectively managing multiple tasks, knowing when to delegate, reprioritize and adapt to change personally while leading others through the same transitions.
- Proficient in critical thinking and problem-solving, taking initiative within assigned parameters.
- Possess excellent customer service skills, organization, prioritization, and time management.
- Collaborating effectively within a team, demonstrating a cooperative attitude.
- Attentive to detail and committed to accuracy.
What we prefer you to have:
- Bachelor’s or advanced degree
- Completion of professional development coursework in the industry
Critical competencies:
- Sets a high standard for performance, serving as a role model.
- Self-motivated and proficient at working independently.
- Demonstrates effective organization and prioritization skills with minimal supervision.
- Consistently produces high-quality work within specified timelines.
- Establishes and nurtures collaborative relationships with both internal and external clients.
- Balances a strong client focus with maximizing operational efficiency effectively.
- Proactively identifies and shares opportunities for process improvement.
Critical skills that align to our values:
- Building Relationships: Build and maintain professional networks with internal and external customers.
- Communicating with Impact: Clearly and confidently communicate information to a wide audience.
- Driving Results: Demonstrate drive and initiative to deliver outstanding work and achieve positive outcomes that affects the bottom line.
- Developing Self and Others: Exhibit a growth mind-set, open to new ways of working to achieve ambitious goals. Remain intellectually curious, questioning the status quo, offer ideas, and respect alternative perspectives. Seek to learn and share knowledge.
- Making Disciplined Decisions: Use data and analytics to form plans and actions, exercising sound judgment. Effectively and efficiently make decisions, using sound logic and analysis, which are mutually beneficial for colleagues, clients, and peers.
Role Factors:
Embrace the hybrid culture offered at AXIS, you need to be in office 3 days per week.
Much of the work involves using computers for data entry, analysis, and communication. Comfort with prolonged screen time is necessary.
While much of the work may be desk-bound, there might be occasions requiring mobility within the office environment, such as attending meetings or accessing filing systems.
What we offer:
For this position, we currently expect to offer a base salary in the range of $57,500 - $95,500. 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.
Where this role is based in the United States of America, this role is Exempt for FLSA purposes.
This posting is for an existing vacancy.
