Senior Underwriter - A&H Reinsurance
AXIS Capital - chicago, IL
Apply NowJob 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. Senior Underwriter - A&H Reinsurance AXIS Re is looking for an A&H Reinsurance Senior Underwriter who will be responsible for the evaluation, development and underwriting of Accident & Health reinsurance business in our United States division. It is expected that the individual in this role will independently develop new sources of reinsurance business flow and oversee the underwriting and installation of both program and excess of loss opportunities. As a senior underwriter, they will also be responsible for the ongoing management, monitoring and profitability of this business. Candidate Profile The ideal A&H Senior Underwriter should be a hands-on technical with a successful track record in managing and establishing a A&H Reinsurance book. In addition, this individual should have a deep understanding and visibility with the A&H Reinsurance Space. The candidate must demonstrate a solid executive presence, characterized by integrity, self-discipline, collaboration, and coachability. They should also have a track record of success in communication, influence, measuring outcomes, and fostering valuable long-term relationships that support profitable strategic initiatives. Work Profile This position suits those living in the Greater New York, Chicago, or Princeton, NJ areas, offering a hybrid model with 3 office days and 2 remote days. It also involves travel for industry and company events. Key Roles & Responsibilities Develop and execute of strategies for generating reinsurance opportunities. Establish or expand relationships with ceding carriers. Actively manage relationships with reinsurance intermediaries and other production sources. Actively participate in strategy and business planning activities. Participate in the development and execution of strategies to expand into new market segments or products as necessary. Play a lead role in the underwriting and pricing of new and renewal business to ensure it matches the satisfactory profitability expectations in that specific class. Lead Peer Review sessions to educate and develop the required consensus for large or unique opportunities. Liaison with Reinsurance Actuarial staff and Chief Actuary in periodic monitoring and reserving of assigned business. Oversee the management of assigned business as per established guidelines including periodic program management meetings, required data flow and audits. Insert Axis claim expertise and an expanded value added Managed Care offering where / if possible. Assume staff management responsibilities as necessary. What you need to have: A Bachelor's degree, preferably concentrated in a technical or insurance related business field Typically, requires a minimum of 12 years of experience in the A&H Insurance or Reinsurance industry Advanced knowledge of actuarial and pricing concepts used in the evaluation of A&H risks. Strong industry relationships and well respected by reinsurance brokers and insurers A strong grasp of policy forms, contract wording and an understanding of the impact of claims, actuarial, accounting, and finance in the underwriting process What we prefer you to have: Proficiency in Microsoft Office suite applications Excellent presentation and interpersonal communication skills Strong interpersonal and technical skills; Preferred some level of actuarial training Ability to manage multiple projects/programs successfully, simultaneously Strong focus on identifying client needs and flexibility in developing solutions Highly collaborative and versatile; with the ability to work effectively both independently and as part of a team. For this position, we currently expect to offer a base salary in the range of $250,000 to $290,000 (NY and NJ), $230,000 to $270,000 (IL and CT). Your salary offer will be based on an assessment of a variety of 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.
Created: 2024-11-05