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Underwriter Cyber & Technology

Company: Axis Capital
Location: Los Angeles
Posted on: April 3, 2024

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.Underwriter Cyber & TechnologySan Francisco or Los Angeles - HybridHow does this role contribute to our collective success?As a Cyber & Technology Underwriter, you will act within established guidelines to market, analyze, review, evaluate, and monitor new and renewal accounts of all programs, exercise independent judgment in processing accounts, and manage underwriting activities.What will you do in this role?

  • Prospect new business targets and opportunities and develop strategies to procure new business with the Middle Market and Large Complex Corporate (revenues $50m+ Million)
    • 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. Refer to supervisor for approval.
        • Continue to develop and update product and underwriting knowledge.
          • Participate in prospecting by identifying new business targets. 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.
              • Review coverage requests provided by the agent and determine the department's position regarding such requests within the individual authority granted. Present those requests outside the individual authority to the immediate supervisor for approval or guidance.
                • Cross-sell with Professional Liability Practice and other business units.
                  • Perform the required number of broker marketing calls, including out-of-state travel.
                    • Solicit new accounts, gather market intelligence, and deliver up-to-date department information on products and services.
                      • Maintain up-to-date familiarity with economic and legal factors impacting the department's business lines and the insurance industry.
                        • 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 helping us achieve our goals.What you need to 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.
                            • Bachelor's degree
                              • Strong presentation and interpersonal skills
                                • Ability to establish broker relationships within the assigned region
                                  • Proficiency in Microsoft Office suite applications
                                    • Excellent negotiation skills and strong marketing abilitiesWhat we prefer you to have:At least two years experience in underwriting and/or brokering for professional liability; cyber & technology background is preferred.Role Factors:In this role, you will typically be required to be in the office 3 days per week; this is a hybrid role. Travel required to meet brokers and clients is 25%.What we offer:For this position, we currently expect to offer a base salary in the range of 80-95k. 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 and 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.Where this role is based in the United States of America, this role is Exempt for FLSA purposes.

Keywords: Axis Capital, Los Angeles , Underwriter Cyber & Technology, IT / Software / Systems , Los Angeles, California

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