Underwriter - Portfolio Solutions (Financial Lines)

Axis Capital; City Of London; On-site; GBP 65,000 - 95,000; Full time

Job summary

AXIS Capital is seeking an underwriter to support growth of its smart follow portfolio proposition in the Financial Lines space. The role covers delegated arrangements, auto follow and algorithmic business, with governance under established guidelines.

You will analyze accounts, manage delegated authority processes, liaise with brokers and coverholders, and conduct portfolio reviews while updating underwriting knowledge and maintaining stakeholder relationships.

Qualifications

• Knowledge and technical experience writing Property classes.
• Full understanding of delegated underwriting policy and procedures.
• Familiarity with FCA, PRA, and Lloyd's compliance requirements.
• Proficiency in Microsoft Office and underwriting systems including PowerBI, Riskwrite, IRIS, Swordfish.
• Ability to analyse data and present insights clearly and appropriately.
• Familiarity with portfolio management and exposure control.
• Ability to work independently and collaboratively, managing time effectively.
• Strong organisational and problem-solving skills.
• Ability to build trust and communicate effectively across stakeholders.
• Exceptional attention to detail and written communication skills.
• Ability to identify strategic growth areas and to highlight threats to profitability.

Responsibilities

• Underwrite binder business within agreed authority and support referral underwriting.
• Take ownership of Binding Authority Agreements, ensuring performance aligns with business objectives.
• Liaise with Brokers and Coverholders in support of the Portfolio.
• Conduct regular portfolio reviews and maintain relationships with stakeholders.
• Collaborate with Delegated Authority Management, Conduct Risk, Compliance and Operations teams to ensure standards are met.
• Communicate underwriting, audit, and conduct risk issues to the Unit Head.
• Monitor and report emerging risks or control failures using formal channels.
• Ensure and oversee accurate data entry and maintenance of underwriting systems and binder records.
• Coordinate delegated authority processes and support audits.
• Develop and update product and underwriting knowledge.
• Participate in projects or perform other related work as required.
• Take on additional duties as appropriate.

Skills

Property underwriting

Delegated underwriting

Data analysis

Stakeholder communication

Portfolio management

Risk awareness

Tools

PowerBI

Riskwrite

IRIS

Swordfish

Desktop

Job description

How does this role contribute to our collective success? AXIS' Portfolio Solutions team is seeking a dynamic individual to join our team of underwriters to support the growth of our smart follow portfolio proposition. The role would involve underwriting a wide range of Financial Lines delegated arrangements, auto follow and algorithmic business. The Underwriter will act within established guidelines to market, analyse, review, evaluate and monitor accounts. The individual will be responsible for exercising judgement and oversight in the management of underwriting activities. The individual should have strong market and technical knowledge within the various Financial Lines class(es) and associated DA landscape. What will you do in this role?

Responsibilities

• Underwrite binder business within agreed authority and support referral underwriting.
• Take ownership of Binding Authority Agreements, ensuring performance aligns with business objectives.
• Liaise with Brokers and Coverholders in support of the Portfolio
• Conduct regular portfolio reviews and maintain strong working relationships with internal and external stakeholders.
• Collaborate with the Delegated Authority Management, Conduct Risk, Compliance and Operations teams to ensure delegated authority standards are met.
• Communicate underwriting, audit, and conduct risk issues to the Unit Head.
• Monitor and report emerging risks or control failures using formal channels.
• Ensure and oversee the accurate data entry and maintenance of underwriting systems and binder records.
• Coordinate delegated authority processes and support internal/external audits.
• Continue to develop and update product and underwriting knowledge.
• Participate in projects or perform other related work as required.
• You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.

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.

Qualifications

• Knowledge and technical experience writing Property classes
• 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.
• Familiarity of portfolio management and exposure control.
• Ability to work independently and collaboratively, managing time effectively.
• Strong organisational and problem-solving skills.
• Ability to build trust and communicate effectively across stakeholders.
• Exceptional attention to detail and written communication skills.
• Ability to identify strategic growth areas and to highlight any potential threats to the profitability of the account.

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.

For this position, we currently expect to offer a base salary in the range of X to Y. Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location. In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this, 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 vacation, and much more.