London - Scalpel, GBR
21 hours ago
Underwriting Analyst
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?** To assist the Worldwide Property Binders underwriting team in all aspects of the administration of, and data analysis, for the Unit’s business, while gaining an understanding into the other roles within the team such as underwriting. **What will you do in this role?** + Be one of the main contacts for all data and administrative queries + Assist the Senior Data Analyst in multiple tasks + Take accurate notes/minutes where required + Support the unit with GAAP management including obtaining bordereaux and resolving queries + Work with underwriters alongside DUA, Contract Certainty, Conduct Risk, Delegated Claims and Actuarial + Assist in all other general underwriting administration and processing functions to ensure efficient workflow within the team + Assist the Senior Data Analyst in building and enhancing the current MI + Maintain bespoke account performance reports and create new ones for any new business accounts + Assist with the production of business planning figures and completing the required templates for future years of account + Monitor rating and inflation environment and identify any trends across the portfolio + Define business problems to facilitate development of analytical solutions + Check weekly premium movement report and ensure accuracy of entry + Perform detailed analysis and identify data anomalies and communicate back to underwriters, brokers and coverholders with the support of the senior data analyst. + Liaise with CAT modelling team on provision of aggregation data and review/analyse results + Liaise with other underwriting departments and functional teams on various issues such as risk entries, premium queries, exception reports and credit control etc. in support of the underwriting team + Preliminary preparation of the data required for pricing spreadsheets working alongside underwriters + Oversee reconciliation of risk, premium and claims bordereaux and track against actual payments + Conduct risk documentation completion and general conduct support + Timely and accurate completion of regulatory returns + Attend coverholder and broker meetings where required in London + General ad-hoc underwriting support 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: + Detail orientated and ability to analyse data + Knowledge of Insurance + High competence with Microsoft Excel and other MS Office systems + Good numerical skill + Desire to learn and develop + Highly motivated and solution orientated + Be proactive and use initiative + Willingness to build relationships with internal and external parties What we prefer you to have: + Ability to present analytical results in a clear and concise manner + Experience with database and analytical tools such as SQL and Power BI + Some experience of working in the Lloyd’s market in an Operational role with general knowledge of binding authorities + Strong communication and collaborative team working skills + Project management skills + Good organisation and time management skills + Able to balance multiple priorities under time pressure **Role Factors:** In this role, you will typically be required to: 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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