Lead Underwriter, E&S Property

Company: AXIS Capital
Location: Chicago
Posted on: November 19, 2023

Job 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. AXIS' U.S. Excess & Surplus (E&S) Property Division is seeking a dynamic individual to join a strategic team of professional underwriters operating in one of the most complex areas of the E&S industry. Under Senior Vice President (SVP) supervision, the individual will act within established guidelines to actively market, analyze, review, evaluate and monitor new and renewal accounts. Exercise sound judgment in the processing and management of E&S accounts and underwriting activities. This position is posted in Chicago, but open to other geographic regions. AXIS works in hybrid work schedule, with 3 days required in the office.

Key Duties & Responsibilities:
* Participate 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 department's position relating to such requests within individual authority granted. Present those requests outside the individual authority 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.
* Cross market between the product offerings 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 within the underwriting system.
* Solicit new accounts, gather market intelligence and deliver 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 that impact the department's lines of business and the overall insurance industry.
* Participate in special projects and department initiatives at the request of manager.
* Coordinate with branch marketing representatives and profit center representatives to allow for cross marketing.

Required Education/Training & Experience:
* Bachelor's degree in Finance, Risk Management and Insurance, Accounting, Mathematics, or related field preferred
* A minimum of 8 years of experience in E&S, Wholesale, Reinsurance property underwriting or broking
* Strong presentation and interpersonal skills
* Strong financial analysis background
* Established broker relationships within the region and the ability to build relationships in new markets

Other desired skills and characteristics:
* Proficiency in Microsoft Office suite applications (Outlook, Word, Excel, and PowerPoint)
* Excellent negotiation, interpersonal communication skills, and strong marketing abilities
* Team player For this position, we currently expect to offer a base salary in the range of 140k to 200k (Chicago). The specific salary offer will be based on an assessment of a variety of factors including the experience of the successful candidate and their work location. In addition, all employees are eligible for competitive incentive targets, with awards based on overall corporate and individual performance. On top of this, we offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.

Keywords: AXIS Capital, Chicago , Lead Underwriter, E&S Property, Other , Chicago, Illinois