Underwriter, Reinsurance

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?
Reporting to the Head of Casualty, North America AXIS Re, the successful candidate will be responsible for managing a portfolio of Cyber Treaty Reinsurance business; in addition to other ad hoc lines of business (other Financial Lines classes). The Cyber Treaty Reinsurance Underwriter will be highly involved with the strategy and portfolio management.

What will you do in this role?

• Originate and underwrite Cyber treaty business in compliance with the appropriate guidelines and within allocated authority while conforming to best practices, appetite and focusing on efficiency in approach.

• Build and maintain broker and client professional network to support profitable business origination through the Reinsurance broker market

• Drive strategy and portfolio management work including appetite, guidelines, limit management, etc.

• Track industry and market developments and raise these for strategic discussions with clients including a considered view as to how AXIS Re might help the client navigate the changes.

• Participate in underwriting audits and monitoring of account performance.

• Maintain an understanding of all current issues affecting the insurance and reinsurance industries with respect to the Cyber lines of business.

• Frequent travel to service customers and attend industry conferences.

You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.

About You:
Cyber Treaty Reinsurance Underwriter will be a "hands-on" technical expert with a history of success within a top-tier (Re)Insurance Carrier focused on building a complex book of Cyber Insurance/Reinsurance targeting of parallel scale and scope.
Candidates will have deep knowledge of the cyber insurance landscape, exposure to the broader Financial Lines market, and full life cycle 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 business book and contribute to longer-term strategic initiatives.
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:

• Able to communicate technical concepts to a non-technical audience at all levels, including Executive Leadership.

• Working knowledge of actuarial and pricing concepts. Experience partnering with actuarial teams to price and structure reinsurance treaties/insurance policies (building towers).

• A thorough understanding of the underlying business.

• Strong focus on identifying client needs and flexibility in developing solutions

• Enthusiasm for new business opportunities and the desire to think creatively

• Strong communication, negotiation and influencing skills

• Excellent organizational skills and ability to manage peak period workflows

• Highly collaborative and versatile; with the ability to work effectively both independently and as part of a team.

• A strong grasp of policy forms, contract wording and pricing schemes. The individual should also understand the role and impact of claims, actuarial, accounting, and finance in the underwriting process.

• Excellent marketing skills are required to develop and maintain relationships with reinsurance intermediaries and customers.

• Able to make decisions when faced with ambiguity and changing priorities.

• Able to self-start own tasks and to independently lead small projects of around 6 months duration.

• Bachelor's Degree in a relevant discipline

What we prefer you to have:

• CPCU, RPLU, CPLP or other industry designations

• Based in the NYC area

• A minimum of 5 years of cyber experience in insurance/reinsurance underwriting or brokering.

• Able to build dashboards and data models using Power BI

• Can perform lookup functions, design pivot tables and create analysis from multiple data sets in Excel.

• Strong industry relationships and well respected by re/insurance brokers and insurers.

• Effective strategic relationship management and portfolio management skills

Role Factors:
In this role, you will typically be required to:

• Travel frequently to visit clients, brokers and attend industry conferences

• Be in the office (or visiting brokers/clients) 3 days per week

• Attend broker events in evenings and occasionally at weekends as required.

What we offer:
For this position, we currently expect to offer a base salary in the range of (NY) $150-220. 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 performance and your 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.

This role is Exempt for FLSA purposes.