Property Binders Underwriter (12 Month Fixed Term Contract) in London

Property Binders Underwriter (12 Month Fixed Term Contract) in London

London Temporary 58500 - 71500 £ / year (est.) Hybrid
A

At a Glance

  • Tasks: Underwrite property binders and manage relationships with Coverholders and Brokers.
  • Company: Join AXIS Capital, a global leader in specialty insurance and reinsurance.
  • Benefits: Inclusive culture, professional growth, and the chance to make a real impact.
  • Other info: Opportunity for career advancement in a supportive environment.
  • Why this job: Be part of a dynamic team that values your unique contributions and perspectives.
  • Qualifications: Knowledge of Property Underwriting and strong analytical skills required.

The predicted salary is between 58500 - 71500 £ 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 any protected characteristic, including age, color, disability, ethnicity, gender identity, marital status, national origin, pregnancy, race, religion, sex, sexual orientation, veteran status, or any basis prohibited by the laws that govern its operations.

The Property Binders Team is seeking a dynamic individual to join our team and support the delivery of the business plan focusing through effective underwriting and delegated authority management. The focus will be on international territories including but not limited to the United Kingdom, Ireland and Europe in a lead and follow capacity. The role includes managing Coverholders/Binders to ensure performance meets financial and operational metrics, while aligning with audit, conduct risk, and compliance requirements. Your work will help create good customer outcomes across the insurance lifecycle and contribute to AXIS’s reputation for excellence and integrity.

What will you do in this role?

  • Underwrite new and renewal delegated business within agreed authority and support referral underwriting where required.
  • Build and maintain Coverholder relationships and Binding Authority Agreements, ensuring performance aligns with business objectives.
  • Liaise with Brokers and Coverholders to identify and develop new business opportunities.
  • Conduct regular Coverholder reviews and maintain strong working relationships.
  • Work with data analysts and actuarial to maintain price adequacy and identify trends.
  • Collaborate with Conduct Risk and Compliance teams to ensure delegated authority standards are met.
  • Communicate and work to solve underwriting, audit, and conduct risk issues as needed.
  • Monitor and report emerging risks or control failures using formal channels.
  • Ensure accurate data entry and maintenance of underwriting systems and binder records.
  • Coordinate delegated authority processes and support internal/external audits.
  • Contribute to a culture that prioritises fair treatment of customers and continuous improvement.
  • 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:

  • Detailed knowledge of Property and Delegated Authority Underwriting.
  • Familiarity with FCA, PRA, and Lloyd’s compliance requirements.
  • Proficiency in Microsoft Office (Outlook, PowerPoint, Word, Excel) as well as PowerBI.
  • Ability to analyse data and present insights clearly and appropriately.
  • Influencing, negotiating, listening, and questioning skills.
  • Ability to work independently and collaboratively, managing time effectively.

What we prefer you to have:

  • Preference to include delegated underwriting knowledge in United Kingdom and Ireland.
  • Understanding of CAT models and actuarial methods and ability to utilise actuarial tools.
  • Commercial mindset and ability to work under pressure.
  • Strong organisational and problem-solving skills.
  • Ability to build trust and communicate effectively across stakeholders.
  • Attention to detail and written communication skills.
  • Focus on profitability and results.
  • Willingness to take on additional responsibilities and support colleagues.
  • ACII qualified or significant progress to completion or equivalent.

Role Factors:

In this role, you will typically be required to:

  • Be in the office 3 days per week.
  • Attend broker meetings and events as required.

This posting is for an existing vacancy.

Property Binders Underwriter (12 Month Fixed Term Contract) in London employer: AXIS (AXIS Capital)

AXIS Capital is an exceptional employer that fosters a dynamic and inclusive work environment, where employees are empowered to bring their authentic selves to work. With a strong focus on professional growth, AXIS offers numerous opportunities for career advancement and development, supported by a culture of collaboration and innovation. Located in the vibrant cities of London and Dublin, employees benefit from a rich cultural landscape and a commitment to ethical practices, making it a rewarding place to build a meaningful career in the insurance and reinsurance industry.

A

Contact Details:

AXIS (AXIS Capital) Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Property Binders Underwriter (12 Month Fixed Term Contract) in London

✨Tap into Local Agencies

For temporary roles like the one at AXIS (AXIS Capital), don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!

✨Seasonal Opportunities Are Gold

Insurance companies often ramp up staffing for specific seasons, especially during peak times like annual policy renewals. Keep an eye out for those temporary gigs and be ready to jump in. Make sure you’re on our website regularly to catch those listings!

✨Network with Industry Pros

Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!

✨Showcase Your Flexibility

For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so AXIS (AXIS Capital) knows you can adapt quickly to their needs!

We think you need these skills to ace Property Binders Underwriter (12 Month Fixed Term Contract) in London

Communication Skills
Adaptability
Problem-Solving Skills
Time Management
Flexibility
Compassion
Organizational Skills

Some tips for your application 🫡

Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!

Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!

Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.

Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch AXIS (AXIS Capital)'s eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!

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

✨Master the Basics of Underwriting

Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.

✨Familiarise Yourself with Relevant Regulations

Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at AXIS (AXIS Capital). This shows you're engaged and knowledgeable.

✨Highlight Your Flexibility

As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.

✨Prepare to Discuss Claims Processing

Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.