What are the responsibilities and job description for the Assistant Underwriter position at Axis Capital?
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.
Assistant Underwriter - Renewable Energy Onshore
How does this role contribute to our collective success?
AXIS Renewables is seeking a dynamic individual to join a strategic team of renewable energy underwriters operating in one of the fastest-growing segments of the specialty insurance industry.
As an Assistant Underwriter, your work will directly support our underwriters in reviewing new and existing technology in the space. By assessing data, preparing documentation, and assisting with policy pricing, this role helps ensure that the underwriting process is efficient and effective. This contributes to the overall stability and growth of the Renewable energy sector, enabling our team to support the energy transition and make a meaningful impact on sustainability and climate goals.
What will you do in this role?
- Data entry and account management
- Review and prepare new submissions and renewals, verify that all necessary data required for the underwriting process is received
- Review cat modelling output and collaborate with cat modelling team as required
- Assist underwriters with entering, checking and monitoring of broker and client data
- Compare expiring contracts to submissions and highlight any inconsistencies for the underwriter
- Verify if the contract wording is in line with the underwriter's authorization
- Assist in the analyses of business relationships, including broker and reinsurer relationships
- Prepare documentation for clients / broker visits / market events and conferences
- Assist underwriters in client audits and prepare files for internal and external audits
- Prepare special acceptances and endorsements for referral to underwriters
- Assure proper organization of underwriting files (both hard and electronic copies)
- Chase late premiums with brokers, working alongside AXIS accounting to ensure swift response and payments.
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 :
What we prefer you to have :
Role Factors :
In this role, you will typically be required to :
Be in the office 3 days per week.
What we offer :
For this position, we currently expect to offer a base salary in the range of USD 70,000 to USD 80,000. Your salary offer will be based on an assessment of various 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.
Salary : $70,000 - $80,000
