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Axis Senior Underwriting Controls Analyst in London - Scalpel, United Kingdom

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?

Working within Controls and Customer Operations to assist the Control Operations Manager by:

  • Providing oversight to Underwriting tasks.

  • Preparing Lloyd’s, regulatory and internal committee reporting.

  • Monitoring accuracy of data and distributed reports.

  • Develop new approaches to Operational Process to enhance efficiency.

  • Maintaining Customer and Control policy and procedural documents.

What will you do in this role?

Management of the Data Exception process and associated reporting, including:

  • Underwriting Control

  • Conduct Risk

  • Wording and Contract Certainty

  • Complaints Analysis

Ensures business underwritten complies with:

  • Lloyd’s and other Regulatory Principles,

  • AXIS Underwriting Framework:

  • Underwriting Protocols,

  • Guidelines,

  • Letters of Authority

Monitor accuracy and review completeness of data entry to ensure validity of:

  • Exception Reporting

  • Performance returns

  • Regulatory returns

  • Domicile adherence

Undertake thematic reviews, including;

  • Root Cause Analysis

  • Process creation and amendment

Risk Review

  • Underwriting Documentation

  • Oversee change and create underwriting documentation ensuring review and sign off

  • Fully document all process explaining purpose, risk mitigation and methodology

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:

  • Strong communication skills

  • Works well in a team setting.

  • Excellent accuracy/attention to detail.

  • Proactive in using initiative to identify and implement business improvements.

  • What we prefer you to have:

  • Knowledge of Lloyd’s market returns and of Lloyd’s principles

  • Microsoft Office (Excel, Word, PowerPoint)

Role Factors:

In this role, you will typically be required to:

Report to the Control Operations Manager any deviation from Underwriting Framework, regulatory requirements and controls.

Show initiative and supply potential solutions to challenges faced by the operations team.

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.

Rewarding. Challenging. Meaningful.

We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry.

Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. At AXIS, we value each individual and recognize that attracting and retaining the right people is essential to the success of our company.

We offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.

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