Specialty A&H Underwriter
Company: Axis Capital
Location: Chicago
Posted on: April 28, 2024
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Job 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.How
does this role contribute to our collective success?AXIS Specialty
A&H works with various Managing General Underwriters (MGUs) and
Program Managers that are or will generate significant Accident &
Health business in the U.S. and Canada in addition to new
opportunities in 2023. This individual, will act within established
guidelines to develop, analyze, review, evaluate and monitor new
and renewal accounts, process accounts and handle underwriting
activities.What will you do in this role?* Perform all underwriting
roles for K-12, Amateur Sports, Participant Accident, Outbound
Student and Leisure Travel business.* Underwriting existing A&H
Partners:* Evaluates cases as received from MGUs and Business
Development Managers.* For complex opportunities/programs, reviews
and evaluates submissions to determine risk acceptability and
coverage levels. Then works with Actuarial team for approval.*
Works closely with business development manager and external
MGUs/Business Development Mangers to obtain additional required
information in determining either our new business or renewal
position.* Works with Legal, Product, Operations and Business
Development to modify existing MGUs/Programs.* Develops and
maintains both internal and external producer/program
relationships.* Sets appropriate premium rates, issues proposals
for programs/cases, and letters of intent when appropriate.*
Performs a portfolio review on an annual basis to determine renewal
position for the book of business.* Reporting:* Updates and
Maintains Monthly Specialty A&H UW Reports.* Creates ad hoc
reports when necessary. * Policy Issuance:* Creates and issues all
policies that are not within the Template authority delegated to
MGUs/MGAs* Achieve targeted loss ratios and combined ratios by
maintaining underwriting discipline through the underwriting
selection and renewal process.* Manages day-to-day tasks of
assigned risk portfolio.* Acts as liaison between internal
functional departments and external vendors.* Handles special
projects and assignments at the request of A&H leadership
team.* Ensure digital files are maintained per AXIS Insurance
procedures including but not limited to proper documentation,
structure, and authorizations.You may also be required to take on
additional duties, responsibilities and activities appropriate to
the nature of this role.About You:* Bachelor's degree in Business,
Accounting, Mathematics, Finance, Risk Management, Insurance or
related field preferred* Requires at least two (2) years Accident &
Health Underwriting experience. P&C insurance is not required
but helpful.* Requires at least three (2) years of experience
working with and overseeing MGAs/MGUs or Program Managers.* Market
Segment knowledge: Amateur & Professional Sports, K-12 & College
Students, First Responders, Volunteer Organizations and Leisure
Travel.* Product knowledge: Accidental Death, Accident Medical
Expense, Catastrophic Medical, Disability, Participant Accident,
Out of Country Medical Insurance and Leisure Travel Insurance a
plus. * Other product knowledge helpful but not required: Corporate
Accident (Business Travel Accident, Voluntary Accident),
Occupational Accident, Critical Illness, Life, Supplemental
Medical, Dental and Vision.* Ability to work with large data sets
to evaluate past performance and use data to determining acceptable
rating metrics.For this position, we expect to offer a base salary
in the range of USD NY/NJ- 120-150k, CHI- 110-145k, ATL-100-130k.
The specific salary offer will be based on an assessment of a
variety of factors, including the experience of the successful
candidate and their 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 which
includes medical plans for employees and their families, health and
wellness programs, retirement plans, tuition reimbursement, paid
vacation, and much more.
Keywords: Axis Capital, Gary , Specialty A&H Underwriter, Other , Chicago, Indiana
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