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Control Operations Analyst

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: Controls Operation Analyst

How does this role contribute to our collective success?

• Supports the business to ensure adherence to requirements, whether ours or a regulator’s.
• Any deviation from stipulated objectives is analysed to reduce and avoid future issues.
• To prevent issues and implement change to bring clarity or guidance around our expectations.

What will you do in this role?

Work within Control Operations to assist the Control Services Manager by:

• Providing oversight to business tasks
• Maintaining Control Operations procedural documents
• Developing new approaches for Control Operations
• Monitoring accuracy of data and reports
• Management and creation of allocated control exceptions, including but not limited to:
• Maximum line and letter of authority checks
• Deductions and intermediary remuneration review
• Risk code permissions

Maintain and ensure business underwritten complies with:

• Lloyd’s and other Regulatory Principles,
• AXIS Underwriting Framework, including:

- Underwriting Protocols,
- Underwriting Guidelines,
- Letters of Authority

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

• Reporting, regulatory or otherwise
• Underwriter Performance returns
• Classifications that trigger validation or investigation

Undertake thematic reviews, including;

• Root Cause Analysis (RCA)
• Recommend remedial actions
• Liaising with other functions to enhance functional aspects

You may be asked to adopt other duties or responsibilities appropriate to the unit.

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:

• Knowledge of Lloyd’s market returns and of Lloyd’s Underwriting Principles
• Strong communication skills
• Excellent accuracy/attention to detail.
• Proactive in using initiative to identify and implement business improvements.

What we prefer you to have:

• An open mind and ability to challenge effectively
• Positivity to support colleagues and AXIS business units
• Intellectual curiosity to understand why and how.

Role Factors:

In this role, you will typically be required to:

• Be in the office 3 days per week
• Assist the team in clearing backlogs or focus on peak issues
• Respond to identified deficiencies that need investigation and action

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.