Property Binders Underwriter (12 Month Fixed Term Contract)

axiscapital; Greater London; Hybrid; GBP 60,000 - 90,000; Full time

Job summary

AXIS Capital is seeking an Underwriter - Property Binders to join our team in London. You will underwrite delegated business, manage Coverholder relationships, and work with brokers to drive new opportunities while ensuring compliance and data accuracy.

You will collaborate with data analysts and actuarial teams to monitor price adequacy, manage risks, and support audits. The role requires strong communication, negotiation, and regulatory knowledge, with a hybrid work arrangement.

Qualifications

• Knowledge of Property and Delegated Authority Underwriting.
• Familiarity with FCA, PRA, and Lloyd's compliance requirements.
• Ability to analyse data and present insights clearly.
• Influencing and negotiation skills.
• Ability to work independently and with teams.

Responsibilities

• Underwrite new and renewal delegated business within approved authority.
• Build and maintain Coverholder relationships and Binding Authority Agreements.
• Liaise with Brokers and Coverholders to identify and develop new business opportunities.
• Conduct regular Coverholder reviews and maintain strong relationships.
• Collaborate with data analysts and actuarial to maintain price adequacy.
• Work with Conduct Risk and Compliance to ensure delegated authority standards are met.
• Report emerging risks or control failures via formal channels.
• Maintain accurate data entry and binder records in underwriting systems.
• Coordinate delegated authority processes and support audits.
• Contribute to a culture prioritising fair treatment of customers and continuous improvement.

Skills

Data analysis

Stakeholder management

Communication

Attention to detail

Time management

Education

ACII qualification

Tools

Microsoft Office

Outlook

PowerPoint

Word

Excel

PowerBI

Job description

Underwriter - Property Binders

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.

Job Description

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:

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

This posting is for an existing vacancy.