Senior Underwriter – Financial Institutions - Lower Middle Market

About the role

Join AXIS Capital, a trusted global provider of specialty lines insurance and reinsurance. We stand out for our outstanding client service, intelligent risk taking, and superior risk-adjusted returns for shareholders. Our culture is entrepreneurial, disciplined, and ethical, fostering an inclusive environment where all employees feel comfortable and empowered.

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, working closely with brokers to ensure Axis receives the opportunity to offer proposals.
• Make underwriting recommendations to supervisor, including terms, conditions, subjectivities, and pricing.
• Review and evaluate new and renewal business based on company underwriting guidelines, competition, and geographic focus. Develop strategy and make recommendations.
• Review coverage requests provided by brokers to determine underwriting position 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.
• Maintain data integrity for underwriting system.
• Perform required marketing calls through regular broker visits on a 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.
• Continue to develop and update product and underwriting knowledge.
• Maintain up-to-date familiarity with economic and legal factors comparing department’s lines of business and insurance industry.
• Coordinate with marketing representatives and profit center representatives to allow for cross-marketing.

Requirements

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

Qualifications

• 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

Skills

• 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

Benefits

Competitive target incentive compensation, with awards based on overall corporate and individual performance. Comprehensive and competitive benefits package includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.

Pay

Base salary in the range $145,000 to $200,000. Salary offer based on an assessment of a variety of factors including specific experience and work location.

Schedule

[Exempt/Non-Exempt] for FLSA purposes.