What are the responsibilities and job description for the Underwriter, Marine Reinsurance position at Axis Specialty?
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.
How does this role contribute to our collective success?
As a Marine Reinsurance Underwriter, you will play a pivotal role in driving the success of our marine and energy reinsurance portfolio by :
Delivering innovative, profitable solutions to clients, reinforcing our reputation as a trusted partner.
Maintaining a balanced and diversified portfolio that contributes to the overall financial strength of the organization.
Aligning with AXIS Res risk and profitability objectives, positioning AXIS as a thought leader in the industry and strengthening our relationships with brokers and cedents.
What will you do in this role?
Evaluate, structure, and underwrite marine and energy reinsurance treaties, ensuring alignment with corporate risk appetite and underwriting guidelines.
Negotiate treaty terms and conditions with cedents.
Validate and drafting of treaty wordings.
Analyze markets cycles and assist in development of market strategies and business plans.
Manage monitoring of aggregate commitments specific to the portfolio subsegments.
Company representation and client engagement including some travel and client visits.
Build and maintain strong relationships with key brokers and cedants in relevant markets to enhance the companys profile and support profitable growth.
Collaborate with cross-functional teams to monitor and adapt to market conditions, ensuring the portfolio remains balanced across geographies, products, and risks.
Partner with actuarial, claims, and pricing teams to ensure robust analysis and decision-making.
Participate in the collective training of co-workers and promotion of technical skills.
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 :
5-10 years of experience underwriting marine and energy treaties, with a proven track record of success in the London reinsurance market.
Familiarity with a wide range of marine risks, including hull, cargo, offshore energy, liability and PV&T.
Strong analytical skills with the ability to assess complex risks and make sound underwriting decisions.
Proficiency in reinsurance modelling tools and techniques, with a focus on maintaining a profitable portfolio.
Excellent communication and negotiation skills, with the ability to build strong relationships with brokers and clients.
A collaborative mindset and the ability to work effectively across teams and geographies.
A proactive, solution-oriented approach to addressing challenges and seizing opportunities.
Role Factors :
In this role, you will typically be required to :
Travel internationally when required
Be in the office 3 days per week.
What we offer :
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 annual leave, and much more.
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