Technical Underwriting Analyst

at  AXIS Insurance

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.
Job Description – Technical Underwriting Analyst
Title: Technical Underwriting Analyst
Reports to: Head of Technical Underwriting and Performance Management, MAP
Job Summary:
This position is a key role within the Credit and Political Risks team supporting underwriting of individual risks and the broader Unit strategy. The main functions are:
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Case pricing of new large deals with a particular focus on new sectors and policy structures

• Evaluating new business opportunities across and outside of existing core underwriting Units
• Assessment of Credit Quality of new transactions to support a broad portfolio of credit and political risks
• Support Reinsurance analytics and contribute to the structuring of outwards Reinsurance placements
• 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
• 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 Head of Technical Underwriting in their role

Key Responsibilities:
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Case pricing and quantitative assistance to underwriters

• Assist pricing actuaries to develop and maintain models
• Review the framework for transactional rating within the existing rating models.
• Work with colleagues across AXIS, in particular GU (Global Underwriting) to explain and enhance the portfolios within MAP
• Inform parameters in the business planning process
• 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

Required Qualifications, Skills & Experience
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Bsc of 2:1 or above in Mathematics, Physics, Data Science or equivalent

• Demonstrated ability of thought-leadership and ability to bring others along with your thinking
• Excellent communication and interpersonal skills, able to establish credibility with senior management, as well as underwriters and business leaders
• Proficient in programming
• Basic understanding of finance & economics

Please refer the Job description for details