Technical 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 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.

How does this role contribute to our collective success?

This position is a key role within the Credit and Political Risks team supporting underwriting of individual risks and the broader Unit strategy. For the right candidate, this role would be a route to an underwriting career in the Credit and Political Risk team.

What will you do in this role?

The main functions are:

• Provide Insurance management, independent opinions and analysis regarding strategy, portfolio construction and performance of the portfolios with respect to an appropriate return on capital and adequacy of rates

• Internal and outwards reporting – excel exhibits and powerpoint

• Support Reinsurance analytics and contribute to the structuring of outwards Reinsurance placements

• Case pricing of new large deals with a particular focus on new sectors and policy structures, working with pricing actuaries

• Support Underwriting teams in underwriting of credit and political risk enquiries

• Work with the Unit Head and Head of Technical Underwriting to evaluate new growth areas and develop a robust monitor of market conditions enabling profitable cycle-management

• Other Ad Hoc tasks to support the Unit Head and Head of Technical Underwriting in their roles

Key Responsibilities include:

• Case pricing and quantitative assistance to underwriters

• Assist pricing actuaries to develop and maintain models

• Work with colleagues across AXIS, in particular GU (Global Underwriting) to explain and enhance the portfolios

• Produce a framework for tracking Credit rate adequacy across the portfolio over time

• Work with Risk and Ceded Reinsurance to produce information for reinsurance submissions, present information as needed to reinsurers / brokers and evaluate and recommend structures and pricing.

• Oversee inputs into Exposure Management for Marine and Credit

• Interact with Credit and Political Risk database and conduct data analysis to produce useful visualisations and insights that support reporting and inform unit strategy

• Build tools and dashboards that support the unit’s day-to-day operations and wider underwriting activity

• Support completion of Lloyd’s Realistic Disaster Scenario processes

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:

• Bsc of 2:1 or above in Mathematics, Physics, Data Science or similar

• Excellent communication and interpersonal skills, able to establish credibility with senior management, as well as underwriters, brokers and business leaders

• Proficient in programming

• Understanding of, and interest in, finance & economics

• Good understanding of Probability and Statistics

• Good knowledge and efficient use of Microsoft Excel

What we prefer you to have:

• Experience using SQL and knowledge of R and/or Python

• Experience with VBA Macros in Excel

Role Factors:

In this role, you will typically be required to:

Be in the office 4 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.

This posting is for an existing vacancy.