Property Binders Underwriter in Vauxhall

Property Binders Underwriter in Vauxhall

Vauxhall Full-Time 63000 - 77000 £ / year (est.) On-site
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At a Glance

  • Tasks: Underwrite property insurance and manage relationships with Coverholders across international territories.
  • Company: Join AXIS Capital, a leading global provider of specialty lines insurance.
  • Benefits: Inclusive culture, competitive salary, and opportunities for professional growth.
  • Other info: Flexible work environment with a focus on collaboration and continuous improvement.
  • Why this job: Make a real impact in the insurance industry while working with a dynamic team.
  • Qualifications: Knowledge of Property Underwriting and strong analytical skills required.

The predicted salary is between 63000 - 77000 £ 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.

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 and attend broker meetings and events as required.

This posting is for an existing vacancy.

Location: London- Scalpel

Type: Full time

Property Binders Underwriter in Vauxhall employer: Axis Capital

AXIS Capital is an exceptional employer that fosters a culture of inclusivity and empowerment, ensuring that every employee feels valued and supported. With a commitment to professional growth, employees have access to comprehensive benefits, including health and wellness programs, tuition reimbursement, and competitive compensation packages. Working in either the vibrant New York or London office, you will be part of a dynamic team that prioritises ethical practices and intelligent risk-taking, making it an ideal environment for those seeking meaningful and rewarding careers in finance.

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Contact Details:

Axis Capital Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Property Binders Underwriter in Vauxhall

✨Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

✨Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Axis Capital). A thoughtful message explaining your interest can really make a difference!

✨Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

✨Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Axis Capital. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Property Binders Underwriter in Vauxhall

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

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Axis Capital.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Axis Capital. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at Axis Capital

✨Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Axis Capital to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

✨Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

✨Prepare for Behavioural Questions

As a full-timer at Axis Capital, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

✨Know the Company Culture Inside Out

Understanding Axis Capital's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.