Senior Underwriter – Medical Malpractice and Life Sciences Global Markets - London, United Kingdom - AXIS Capital

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    Full time
    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.

    Senior Underwriter – Medical Malpractice and Life Sciences
    Global Markets - Retail

    How does this role contribute to our collective success?

    AXIS' Medical Malpractice team is seeking a dynamic individual to join our team of underwriters to continue to build on a long history of success. The role would involve underwriting a wide range of medical professionals and Life Sciences business via both open market and delegated channels in UK and worldwide.

    The Underwriter, will act within established guidelines to market, analyse, review, evaluate and monitor new and renewal accounts of all medical malpractice and Life Sciences business. The individual will be responsible for exercising independent judgement in the processing of accounts and management of underwriting activities. The individual should have strong market and technical knowledge with ability to bring and develop relationships with brokers and coverholders.

    What will you do in this role?

  • Take a lead position within the Medical Malpractice team, developing both the book as a whole and the wider team
  • Reporting on an ad hoc basis regarding pipelines, new opportunities and progress towards strategic goals
  • Take responsibility for overall broker relations for the team
  • Participates in prospecting through the identification of new business targets and opportunities, work closely with producer/agent to ensure department receives opportunity to offer proposal. Make strategy recommendations to supervisor.
  • 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 agent and determine the department's position relating to such requests within individual authority granted.Present those outside authority to immediate supervisor for approval or guidance.
  • Analyse 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 with regards to new lines, renewals and cross marketing of product lines within Global Markets.
  • Meet all divisional servicing objectives including but not limited to quote turnaround, policy issuance, file maintenance and documentation, etc. Maintain data integrity for underwriting system.
  • Develop a distribution strategy. 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 broker development as well as client meetings.
  • Continue to develop and update product and underwriting knowledge.
  • Maintain up to date familiarity with economic and legal factors impacting the lines of business being underwritten
  • Participate in projects or perform other related work as required.
  • 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:

  • Significant experience underwriting in medical malpractice, life sciences or a similar line
  • Ability to identify strategic growth areas and to highlight any potential threats to the profitability of the account
  • Proven track record in successfully developing a book
  • Ability to build new and existing broker relationships
  • Excellent technical skills in underwriting in this class
  • Strong team player who is effective working in a close team environment
  • Open communication style and excellent presentation skills
  • Attention to detail