Senior Underwriter - Management Liability
$145k - $165kAxis 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 any protected characteristic, including age, color, disability, ethnicity, gender identity, marital status, national origin, pregnancy, race, religion, sex, sexual orientation, veteran status, or any basis prohibited by the laws that govern its operations.Senior Underwriter - Management LiabilityD&O, EPLI, FLI and CrimeThe Senior Underwriter, Private Company Management Liability (D&O, EPL, Fiduciary Liability, and Crime) will act within established guidelines and market to analyze, review, evaluate, and monitor new and renewal accounts for our Private Company Management Liability Practice. Senior Underwriters exercise independent judgment in processing accounts and managing underwriting activities. Sr. Underwrites typical support of $5 Million in GWP.Candidate ProfileWe seek a Senior Underwriter with expertise in Private Company Management Liability (including D&O, EPL, Fiduciary Liability, and Crime) to join our team. The ideal candidate will have a proven history of success in a top-tier Insurance carrier and will focus on developing a comprehensive Private Company Management Liability book that targets private clients under $3billion in revenues.Qualified candidates should have strong connections within Management Liability Retail broker channels. They should be experienced in portfolio management, including soliciting submissions, underwriting analysis, preparing and issuing indications/quotations/binders, and marketing.In addition to technical expertise, we are looking for a candidate with an executive presence skilled in communication, influencing, and building solid relationships that add value to our business and contribute to longer-term strategic initiatives.Work ProfileThe work profile for this exciting position entails a unique hybrid work environment and being present in our bustling Chicago office.In addition to the hybrid work environment, this position requires regular travel to meet with brokers and clients face-to-face. As part of this role, you will also attend industry and company events. These events are an excellent opportunity to network with industry leaders, learn about the latest industry trends and innovations, and stay up-to-date with the latest developments in your field.Key Duties and ResponsibilitiesRetain existing business while strategically prospecting new opportunities, targeting Private Company Management Liability.Manage a book of business regarding new lines, renewals, and cross-marketing of product lines within AXIS, typically more than $5 Million in GWP.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.Continue to develop and update product and underwriting knowledge.Participate in prospecting by identifying new business targets, opportunities, and work closely with retail brokers to ensure the department receives the opportunity to offer proposals. 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.Perform the required number of broker marketing calls, including out-of-state travel as needed.Solicit new accounts, gather market intelligence, and deliver up-to-date department information on products and services.Manage select agency relationships to ensure objectives are achieved.Maintain up-to-date familiarity with economic and legal factors impacting the department’s business lines and the insurance industry.Participate in special projects department initiatives.Coordinate with branch marketing representatives and profit center representatives to allow for cross-marketing.Required Education/Training & Experience:Bachelor’s degree5+ years’ experience in underwriting Management Liability (D&O, EPL, FL, and Crime)Direct background targeting insureds with revenues under $3billion in RevenueStrong presentation and people skillsAbility to establish broker relationships within the region.In-depth knowledge of management liability products and market trendsAnalytical mindset with strong attention to detail.Proven ability to build and maintain strong broker relationshipsExperience with underwriting systems and risk modeling tools.Adaptability to changing market conditions and emerging risks.Team player with a collaborative approach to problem-solvingSelf-motivated with excellent time management and organizational skills.Commitment to continuous learning and professional developmentWe expect to offer a base salary of $145K to $165K for this position. 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 much more.This posting is for an existing vacancy.SummaryLocation: Chicago, IL; Remote - Minnesota; Remote - TexasType: Full time
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