Senior Underwriter - Property Binders

AXIS Capital; Greater London; On-site; GBP 45,000 - 65,000; Full time

Job summary

A global insurance provider in Greater London seeks a skilled underwriter to manage binder business and Coverholder relationships. This role involves underwrite new and renewal business, conduct audits, and ensure compliance with FCA and Lloyd’s standards. Ideal candidates will have a strong understanding of delegated underwriting and proficiency in tools such as PowerBI. This position offers a competitive benefits package and requires office presence three days a week, with opportunities for international travel.

Benefits

Comprehensive benefits package

Health and wellness programs

Tuition reimbursement

Paid annual leave

Qualifications

• Full understanding of delegated underwriting policy.
• Ability to work independently and collaboratively.
• Exceptional attention to detail and written communication skills.

Responsibilities

• Underwrite new and renewal binder business.
• Manage relationships with Coverholders and Binding Authority Agreements.
• Collaborate with Compliance teams to meet standards.

Skills

Understanding of delegated underwriting policy

Familiarity with FCA, PRA, Lloyd’s compliance

Proficiency in Microsoft Office

Data analysis and presentation skills

Negotiation and influencing skills

Ability to manage time effectively

Education

ACII qualification or significant progress

Tools

PowerBI

Riskwrite

IRIS

Swordfish

Desktop systems

Job description

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.