At a Glance
- Tasks: Underwrite property binders and manage Coverholder relationships to drive business success.
- Company: Join AXIS Capital, a global leader in specialty insurance with a strong ethical culture.
- Benefits: Enjoy competitive pay, health plans, wellness programs, and tuition reimbursement.
- Why this job: Make a real impact in the insurance industry while working in an inclusive environment.
- Qualifications: Experience in delegated underwriting and strong analytical skills are essential.
- Other info: Opportunity for international travel and excellent career growth.
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? 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 Europe, Australia and New Zealand.
The role includes managing Coverholders and 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 binder business within agreed authority and support referral underwriting.
- Take ownership of 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.
- Collaborate with Conduct Risk and Compliance teams to ensure delegated authority standards are met.
- Communicate underwriting, audit, and conduct risk issues to the Unit Head or Deputy.
- 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 prioritizes 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:
- Full understanding of delegated underwriting policy and procedures.
- Familiarity with FCA, PRA, and Lloyd's compliance requirements.
- Proficiency in Microsoft Office (Outlook, PowerPoint, Word, Excel) and underwriting systems (Examples being PowerBI, Riskwrite, IRIS, Swordfish, Desktop etc).
- 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:
- Knowledge of Property and Delegated Authority Underwriting.
- Preference to include delegated underwriting knowledge in international territories including Europe, Australia and New Zealand.
- Commercial mindset and ability to work under pressure.
- Strong organisational and problem-solving skills.
- Ability to build trust and communicate effectively across stakeholders.
- Exceptional 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.
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.
- Travel internationally.
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.
Senior Underwriter - Property Binders in London employer: AXIS Capital
Contact Detail:
AXIS Capital Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter - Property Binders in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at AXIS Capital. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by researching AXIS's culture and values. Show them you’re not just about the numbers; you care about their commitment to client service and ethical practices.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the role of Senior Underwriter. Highlight your knowledge of delegated underwriting and compliance requirements.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the team at AXIS.
We think you need these skills to ace Senior Underwriter - Property Binders in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Underwriter role. Highlight your experience with delegated underwriting and compliance, as these are key aspects of the job. We want to see how your skills align with our needs!
Showcase Your Skills: Don’t forget to emphasise your proficiency in Microsoft Office and any underwriting systems you’ve used. Mention specific examples where you've analysed data or influenced decisions, as this will show us you can hit the ground running.
Be Authentic: We value individuality, so let your personality shine through in your application. Share your unique experiences and how they’ve shaped your approach to underwriting. We’re looking for someone who can bring their whole self to work!
Apply Through Our Website: For the best chance of success, make sure to submit your application through our website. This way, we can easily track your application and ensure it gets the attention it deserves. We can’t wait to hear from you!
How to prepare for a job interview at AXIS Capital
✨Know Your Underwriting Inside Out
Make sure you have a solid grasp of delegated underwriting policies and procedures. Brush up on your knowledge of FCA, PRA, and Lloyd's compliance requirements, as these will likely come up during the interview.
✨Showcase Your Analytical Skills
Be prepared to discuss how you've used data analysis in previous roles. Think of specific examples where you've presented insights clearly and effectively, especially in relation to underwriting or risk management.
✨Demonstrate Relationship Management
Since this role involves managing Coverholder relationships, be ready to share experiences where you've successfully built trust and communicated effectively with stakeholders. Highlight your influencing and negotiating skills.
✨Emphasise Your Problem-Solving Abilities
Prepare to discuss situations where you've faced challenges in underwriting or compliance and how you resolved them. Show that you can think on your feet and adapt to changing circumstances while maintaining attention to detail.