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Axis Capital

Global specialty insurance and reinsurance provider

Property Binders Underwriter

UnderwritingPosted on Nov 5
Full-timeLondon, UKNo salary listed

About the Job

Requirements

  • Detailed knowledge of Property and Delegated Authority Underwriting.
  • Familiarity with FCA, PRA, and Lloyd’s compliance requirements.
  • Proficiency in Microsoft Office, including Outlook, PowerPoint, Word, and Excel, as well as Power BI.
  • Ability to analyse data and present insights clearly and appropriately.
  • Ability to influence, negotiate, listen, and ask questions effectively.
  • Ability to work independently and collaboratively while managing time effectively.

Responsibilities

  • 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 colleagues 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 and external audits.
  • Contribute to a culture that prioritises fair treatment of customers and continuous improvement.
  • Attend broker meetings and events as required.
  • Take on additional duties, responsibilities, and activities appropriate to the nature of the role.

Desired Qualifications

  • Knowledge of delegated underwriting in the United Kingdom and Ireland.
  • Understanding of catastrophe models and actuarial methods, and ability to use actuarial tools.
  • ACII qualified, substantially progressed toward completion, or equivalent.

About the Company

Axis Capital

Global specialty insurance and reinsurance provider

Axis Capital operates as a global specialty lines insurer and reinsurer. It provides tailored insurance and reinsurance solutions to clients across various industries, leveraging its expertise in specialty lines to deliver comprehensive coverage. The company works by offering customized risk-transfer products through a global network of 19 offices and strategic partnerships, supported by strong financial strength and high credit ratings to manage risk effectively. Its differentiators include a solid balance sheet, durable financial ratings, and a global presence that enables it to serve a diverse client base and adapt to market changes. The goal is to provide reliable, customized risk solutions for clients worldwide while maintaining financial stability and building strategic partnerships to navigate evolving market conditions.

Company size
1,001-5,000
Company stage
IPO
Headquarters
Hamilton, TX
Founded
2001

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