Underwriter, Global Cyber & Technology
AXIS Capital - chicago, IL
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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. Underwriter, Cyber & Technology Hybrid - Chicago The Underwriter, Cyber & Technology will act within established guidelines, market, analyze, review, evaluate and monitor new and renewal accounts of all programs, exercise independent judgment in processing accounts, and manage underwriting activities. Candidate Profile Underwriter, Cyber & Technology will be a "hands-on" underwriter with a history of success within a top-tier Commercial Insurance carrier focused on building a Small Business and Middle Market book of Cyber, Technology E&O, and Media & Entertainment accounts. Candidates will have ability to develop contacts within Cyber broker channels and full life cycle exposure to portfolio management across; solicitation of submissions, underwriting analysis, preparing, and issuing indications/quotations/binders, and marketing. Additionally, the candidate must have an executive presence, demonstrating success in communicating, influencing, and building solid relationships that add value to the AXIS book of business and contribute to longer-term strategic initiatives. Work Profile Based in our Chicago office at Sears / Willis Tower, 233 S Wacker Dr, Chicago, IL 60606 this position provides a hybrid work environment three days a week in the office. Additionally, regular travel is necessary to engage in face-to-face meetings with brokers and clients and participate in industry and company events. Key Duties and Responsibilities Prospect new business targets and opportunities and develops strategies to procure new business within the Small Business and Middle Market segments. Meet established divisional servicing objectives related to quote turnaround, policy issuance, phone management, renewal management, file maintenance, and documentation Analyze and underwrite individual risks. Develop appropriate limit structure, retention, pricing, and endorsements within underwriting guidelines. Refer to supervisor for approval. Continue to develop and update product and underwriting knowledge. Participate in prospecting by identifying new business targets. Make strategy recommendations to the supervisor. Review and evaluate primarily new business based on company underwriting guidelines, competition, and geographic focus. Develop strategy and make recommendations. Review coverage requests provided by the agent and determine the department's position regarding such requests within the individual authority granted. Present those requests outside the individual authority to the immediate supervisor for approval or guidance. Cross-sell with Professional Liability Practice and other business units. Perform the required number of broker marketing calls, including out-of-state travel. Solicit new accounts, gather market intelligence, and deliver up-to-date department information on products and services. Maintain up-to-date familiarity with economic and legal factors impacting the department's business lines and the insurance industry. You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role. Required Education/Training & Experience: A minimum of two years' experience in underwriting and/or brokering for professional liability; cyber & technology background is preferred An executive presence, demonstrating success in communicating, influencing, and building solid relationships that add value to the AXIS book of business and contribute to longer-term strategic initiatives. Bachelor's degree in accounting, mathematics, finance, risk management, insurance, or a related field preferred Strong presentation and interpersonal skills Ability to establish broker relationships within the assigned region Proficiency in Microsoft Office suite applications (Outlook, Word, Excel, and PowerPoint) Excellent negotiation skills and strong marketing abilities For this position, we currently expect to offer a base salary in the range of $80,000 to $95,000. However, the specific salary offer will be based on an assessment of various factors, including the successful candidate's experience and 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 that includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and more.
Created: 2024-11-05