Senior Underwriter – Ocean Marine Cargo

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 – Ocean Marine Cargo

New York

Underwriter, Ocean Marine Cargo will act within established guidelines and market to analyze, review, evaluate, and monitor new and renewal accounts to support the establishment of our US Market Ocean Marine Cargo Portfolio, initially targeting the Middle Market, Large Complex transit, stock throughput, and excess stock exposure risk.

Underwriters exercise independent judgment in processing accounts, managing underwriting activities, and establishing Wholesale & Retail Broker relationships.

Candidate Profile

Underwriter Ocean Marine Cargo will be a “hands-on” technical expert with a history of success within a top-tier Commercial Insurance Carrier focused on building a complex book of Ocean Marine Cargo.

Candidates will have deep contacts within Ocean Marine Cargo wholesale and retail 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

This role offers 3 days a week hybrid work environment, this position also requires regular travel to meet with brokers and clients face-to-face and attend industry and company events.

Key Duties and Responsibilities

• Review and evaluate new and renewal business based upon Ocean Cargo and Company underwriting appetite, guidelines, competition, and geographic focus.
• Review coverage requests provided by brokers and determine department’s position relating to such requests within individual authority granted. Present those outside authority to Manager for approval or guidance. Refer to supervisor for approval.
• Prospect new business opportunities and develop strategies to procure new business targeting Middle to Large Complex Corporate risks.
• Analyze and underwrite individual risks. Develop appropriate limit structure, retention, pricing and endorsements within authority granted. Refer to the Manager for approval if outside authority.
• Meet all divisional servicing objectives, including but not limited to quote turnaround, processing risks, file maintenance and documentation, etc. Maintain data integrity for the underwriting system.
• Perform required marketing through regular broker visits on a timely and frequent basis. Solicit new accounts, gather market intelligence, and provide up-to-date department information relating to products and services.
• Participate in prospecting by identifying new business targets and opportunities and work closely with brokers to ensure the department receives the opportunity to offer proposals. Make strategy recommendations to the supervisor.
• Manage and fully develop Broker relationships to ensure objectives are achieved.
• Coach and develop more junior members of the team
• Maintain up to date familiarity with department’s lines of business and insurance industry.
• Participate in projects or perform other related work as required.

Required Education/Training & Experience:

• Minimum five years of experience in the Ocean Marine Cargo market.
• Ability to build new and existing broker relationships
• Developing technical skills in underwriting in the relevant classes
• Team player who is effective working in a close team environment
• Open communication style and excellent presentation skills
• Attention to detail
• Ability to establish broker relationships within the region

We currently expect to offer a base salary of $200,000 - 225,000K for this position. Your salary offer will be based on an assessment of various factors, including your specific experience and work location. In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate performance and your performance. On top of this, you will be eligible for a comprehensive and competitive benefits package that includes medical plans.

This posting is for an existing vacancy.