Product Owner - Global Markets Underwriting Transformation in London
Product Owner - Global Markets Underwriting Transformation

Product Owner - Global Markets Underwriting Transformation in London

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the transformation of underwriting processes in a dynamic global insurance environment.
  • Company: Join AXIS Capital, a trusted leader in specialty lines insurance and reinsurance.
  • Benefits: Enjoy competitive pay, health plans, wellness programmes, and tuition reimbursement.
  • Why this job: Make a real impact by driving innovation and efficiency in the insurance market.
  • Qualifications: 5+ years in Delegated Authority with strong underwriting and compliance background.
  • Other info: Collaborative culture with opportunities for professional growth and development.

The predicted salary is between 36000 - 60000 £ per year.

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? This role is pivotal to AXIS Global Market's underwriting transformation across Lloyd's and the London Market. Initially focusing on delegated authority business, you will apply deep insurance expertise to topics such as coverholder oversight, bordereaux data, and delegated claims to design and deliver practical solutions aligned with our transformation goals. By translating business needs into actionable outcomes, you will enable technology and data teams to deliver solutions that enhance operational efficiency, strengthen compliance, and improve market competitiveness.

What will you do in this role?

  • Leverage your Lloyd's and London Market expertise to help design practical solutions for delegated authority transformation.
  • Act as the Product Owner for relevant agile squads, managing the backlog and embedding delegated authority requirements into sprint planning and user stories.
  • Prioritize work based on business impact, compliance requirements, and operational needs.
  • Define and drive the product vision and roadmap aligned with transformation objectives and existing pain points.
  • Translate business objectives into clear product goals and actionable priorities for project teams.
  • Engage with underwriting, operations, compliance, and other stakeholders to validate requirements and gather feedback.
  • Inform and support the Data & Analytics transformation by identifying opportunities to leverage data for improved decision-making and operational efficiency.
  • Facilitate workshops and feedback sessions to ensure solutions meet business needs.
  • Collaborate with technology teams to deliver high-quality, fit-for-purpose solutions.
  • Champion adoption through training, communication, and stakeholder alignment.
  • Define and monitor KPIs, establish feedback loops, and continuously improve product outcomes.

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:

  • Minimum 5 years of Delegated Authority experience within Lloyd's or London Market.
  • Strong business background in underwriting, operations, pricing, or compliance.
  • Practical understanding of bordereaux management, coverholder oversight, portfolio management, and delegated claims.
  • Familiarity with Lloyd's systems (e.g., IMR, Atlas, DCOM) and market platforms (e.g. PPL, Whitespace).
  • Excellent communication and stakeholder management skills, with the ability to drive effective change.
  • Ability to manage multiple priorities and work independently.

What we prefer you to have:

  • Prior experience as a Product Owner in an agile environment.
  • Solid understanding of technology and data concepts and tools common in modern enterprises.
  • Experience and passion for driving digital transformation and operational efficiency in the market.

Role Factors: In this role, you will typically be required to be in the office 3 days per week.

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.

Product Owner - Global Markets Underwriting Transformation in London employer: AXIS (AXIS Capital)

AXIS Capital is an exceptional employer that champions a culture of inclusivity and empowerment, ensuring that every employee feels valued and supported. With a strong focus on professional growth, employees benefit from comprehensive training and development opportunities, alongside a competitive benefits package that prioritises health, wellness, and work-life balance. Located in the heart of London, AXIS offers a dynamic work environment where innovative thinking and collaboration drive success in the global insurance market.
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Contact Detail:

AXIS (AXIS Capital) Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Product Owner - Global Markets Underwriting Transformation in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance and reinsurance sectors, especially those familiar with Lloyd's and the London Market. A friendly chat can lead to insider info about job openings or even a referral.

✨Tip Number 2

Prepare for interviews by diving deep into AXIS Capital's culture and values. Show us how your experience aligns with their commitment to client service and ethical practices. Tailor your responses to highlight your understanding of delegated authority and operational efficiency.

✨Tip Number 3

Don’t just wait for job postings! Keep an eye on our website and apply directly through it. This shows initiative and gives you a better chance of being noticed by the hiring team.

✨Tip Number 4

Follow up after interviews with a thank-you note that reiterates your enthusiasm for the role. Mention specific points from your conversation that excited you about the opportunity to contribute to AXIS’s underwriting transformation.

We think you need these skills to ace Product Owner - Global Markets Underwriting Transformation in London

Delegated Authority Experience
Lloyd's Market Expertise
London Market Knowledge
Bordereaux Management
Coverholder Oversight
Portfolio Management
Delegated Claims Understanding
Agile Methodologies
Product Ownership
Stakeholder Management
Communication Skills
Data Analysis
Operational Efficiency
Digital Transformation
Technology and Data Concepts

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Product Owner role. Highlight your experience in delegated authority and any relevant projects you've worked on in the Lloyd's or London Market.

Craft a Compelling Cover Letter: Use your cover letter to tell us why you're the perfect fit for AXIS Capital. Share specific examples of how you've driven transformation in previous roles and how you can contribute to our goals.

Showcase Your Communication Skills: Since this role involves engaging with various stakeholders, make sure to demonstrate your excellent communication skills in your application. Use clear and concise language to convey your ideas and experiences.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows your enthusiasm for joining our team!

How to prepare for a job interview at AXIS (AXIS Capital)

✨Know Your Stuff

Make sure you brush up on your knowledge of the Lloyd's and London Market. Understand the key concepts around delegated authority, bordereaux management, and coverholder oversight. This will not only help you answer questions confidently but also show that you're genuinely interested in the role.

✨Showcase Your Agile Experience

Since the role involves acting as a Product Owner for agile squads, be ready to discuss your experience in agile environments. Prepare examples of how you've managed backlogs, prioritised tasks, and collaborated with cross-functional teams to deliver successful outcomes.

✨Engage with Stakeholders

Highlight your communication skills by discussing how you've engaged with various stakeholders in previous roles. Be prepared to share specific instances where you gathered feedback or facilitated workshops to ensure solutions met business needs.

✨Demonstrate Your Problem-Solving Skills

Think of examples where you've identified opportunities for improvement or driven digital transformation. Discuss how you translated business objectives into actionable priorities and the impact it had on operational efficiency. This will show that you can think strategically and deliver results.

Product Owner - Global Markets Underwriting Transformation in London
AXIS (AXIS Capital)
Location: London

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