AXIS Capital is a trusted global provider of specialty lines insurance and reinsurance. They are seeking an Underwriter for Cyber & Technology in the Middle Market to manage underwriting activities, analyze new and renewal accounts, and build relationships with key distribution partners.
Responsibilities
- Assist the Central Zone for Middle Market Accounts, which consists of clients with $100M-$2B revenues, develop strong relationships with key distribution partners while representing the AXIS brand, and deliver on strategic direction ensuring alignment with company goals
- Ability to conduct comprehensive risk assessments of cyber and technology risk exposures for clients with $100M-$2B revenues, utilizing advanced analytical tools and methodologies and making determinations of terms & conditions
- Monitor and analyze market trends, emerging cyber threats and regulatory changes to inform underwriting decisions and go-forward strategies
- Collaborate with brokers, clients, and stakeholders to understand their needs and provide tailored cyber insurance solutions and meet frequently with key GCT strategic brokers
- Closely manage and monitor a personal book of business, ensuring financial targets are met and implementing strategies to optimize profitability
- Be a self-motivator for ongoing technical development, foster a culture of continuous learning and professional growth, and be a "Culture Champion" for the AXIS values
- Ensure all underwriting activities comply with regulatory requirements and company policies, and support underwriting audits when required
- Work closely with the Head of Middle Market Accounts North America, Middle Market Accounts underwriting team, and global Axis GCT colleagues, delivering on a unified approach to underwriting, go-to-market strategy and monitoring of underlying book performance
- In collaboration with underwriting teams and AXIS product managers, develop and refine cyber insurance policy language and endorsements through understanding of market trends and potential ways to differentiate AXIS
Skills
- Bachelor's Degree
- Minimum of (1) year Cyber/Technology E&O underwriting experience in the Middle Market Accounts segment (clients with $100M-$2B revenues)
- Demonstrated leadership, organizational skills, as well as ability to innovate and collaborate with teammates
- Proven ability to understand and manage financial performance and relevant KPI's, including ability to manage a profitable book of business
- Strong business acumen as well as excellent analytical, communication, and negotiation skills
- In-depth knowledge of cyber risks, insurance products, and market dynamics
- Visibility into Retail cyber broker channels
- Knowledge and understanding of relevant legal, regulatory and privacy laws and standards including PCI/DSS, GDPR, GLBA, HIPAA, CCPA/CPRA, BIPA
- Ability to travel domestically in support of Global Cyber & Technology objectives and necessary broker/client meetings
- Professional certifications (e.g., CPCU, CISSP, CompTIA Security+) preferred but not required
Benefits
- Competitive target incentive compensation
- Medical plans for you and your family
- Health and wellness programs
- Retirement plans
- Tuition reimbursement
- Paid vacation
- And much more
Company Overview
In a world that never stands still – where the nature of risk is constantly evolving and the needs of your customers are continually changing – you need a partner that turns challenges into possibilities and possibilities into opportunities. It was founded in 2001, and is headquartered in Hamilton, Hamilton, BMU, with a workforce of 1001-5000 employees. Its website is http://www.axiscapital.com.
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