Underwriter, Cyber & Technology - Middle Market

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 & Technology - Middle Market

The Underwriter, Cyber & Technology will act within established guidelines, market, analyze, review, evaluate and monitor new and renewal accounts of all programs, exercise independent judgment in processing accounts, and manage underwriting activities.

Candidate Profile

Underwriter, Cyber & Technology will be a “hands-on” technical expert with a history of success within a top-tier Commercial Insurance Carrier focused on building a complex book of Cyber, Technology E&O, and Media & Entertainment targeting Middle Market risks (revenues $100M - $2Billion).

Candidates will have deep contacts within Cyber broker channels and full life cycle exposure to 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 book of business and contribute to longer-term strategic initiatives.

Role Factors:

This role, is hybrid. You need to be in our Chicago office (Sears/Wills Tower) 3 days per week.

Key Roles & Responsibilities

• Leadership: 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.

• Risk Assessments: 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.

• Market Analysis: Monitor and analyze market trends, emerging cyber threats and regulatory changes to inform underwriting decisions and go-forward strategies.

• Client Engagement: Collaborate with brokers, clients, and stakeholders to understand their needs and provide tailored cyber insurance solutions and meet frequently with key GCT strategic brokers.

• Portfolio Management: Closely manage and monitor a personal book of business, ensuring financial targets are met and implementing strategies to optimize profitability.

• Training & Development: 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.

• Compliance: Ensure all underwriting activities comply with regulatory requirements and company policies, and support underwriting audits when required.

• Collaboration: 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.

• Product Innovation: 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 & Qualifications

• Bachelor's Degree

• Minimum of (3) years 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.

• Knowledge and understanding of relevant legal, regulatory and privacy laws and standards including PCI/DSS, GDPR, GLBA, HIPAA, CCPA/CPRA, BIPA.

• Professional certifications (e.g., CPCU, CISSP, CompTIA Security+) preferred but not required.

• Ability to travel domestically in support of Global Cyber & Technology objectives and necessary broker/client meetings.

What we offer:

For this position, we currently expect to offer a base salary in the range of $120,000 to $140,000. 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 [Non-Exempt] for FLSA purposes.