At a Glance
- Tasks: Underwrite property insurance and manage relationships with Coverholders and Brokers.
- Company: Join AXIS Capital, a global leader in specialty lines insurance.
- Benefits: Comprehensive benefits package including health plans, retirement, and tuition reimbursement.
- Why this job: Make an impact in a dynamic team while developing your career in insurance.
- Qualifications: Experience in underwriting and strong analytical skills required.
- Other info: Opportunity for international travel and professional growth.
The predicted salary is between 48000 - 72000 £ 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 Property Underwriter in London employer: Axis
Contact Detail:
Axis Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Property Underwriter in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work at AXIS or similar companies. A friendly chat can open doors and give you insider info on job openings.
✨Tip Number 2
Prepare for interviews by researching AXIS Capital's values and recent projects. Show us that you understand their commitment to client service and ethical culture. Tailor your answers to reflect how you can contribute to their success.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the role of Senior Property Underwriter. Highlight your knowledge of delegated underwriting and compliance requirements to impress the interviewers.
✨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 your enthusiasm for joining the AXIS team directly.
We think you need these skills to ace Senior Property Underwriter in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Property Underwriter role. Highlight your experience with delegated underwriting and compliance, as well as any international exposure you have. We want to see how your skills align with our needs!
Showcase Your Skills: Don’t just list your qualifications; demonstrate how your skills in data analysis and communication can contribute to our team. Use specific examples from your past experiences that showcase your ability to manage relationships and drive results.
Be Authentic: At AXIS, we value individuality and authenticity. Let your personality shine through in your application. Share your unique perspective and how it can enhance our inclusive culture. We’re looking for someone who can bring their whole self to work!
Apply Through Our Website: We encourage you to submit your application directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the details about the role and our company culture there!
How to prepare for a job interview at Axis
✨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 your previous roles. Think of specific examples where you presented insights clearly and effectively, as this is crucial for the role.
✨Demonstrate Relationship Management
Since you'll be managing Coverholder relationships, think of instances where you've successfully built trust and communicated effectively with stakeholders. Highlight your influencing and negotiating skills during the interview.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities and how you handle pressure. Prepare scenarios where you've had to make tough decisions or manage multiple tasks, especially in an international context.