Underwriter - Property Treaty

AXA UK; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

AXA UK is seeking a dedicated underwriting team member to manage risk for Property Treaty products. This role involves negotiating, underwriting, and maintaining strong relationships with brokers and clients. Join a collaborative team within a leading insurance environment offering extensive benefits and a commitment to employee wellbeing.

Benefits

Comprehensive benefits package

Non-contributory pension

Discretionary bonus

Health and dental insurance

Hybrid working model

Qualifications

• Experience in Lloyd’s or company market (broking or underwriting).
• Technical knowledge of Property Treaty class and international markets.
• Client/broker facing role experience is preferred.

Responsibilities

• Develop and maintain the Property Treaty product line.
• Negotiate and underwrite renewal and new business.
• Compile underwriting reports and maintain broker/client relationships.

Skills

Analytical skills

Problem-solving abilities

Communication skills

Tools

RMS (Cat modelling tool)

IT (Word, Excel, PowerPoint, Outlook)

Job description

We are looking for people who continually strives for improvement, challenges the status quo, can demonstrate the behaviour of a leading market and bring their whole self to work.

This is an opportunity to work within a well-established, friendly and collaborative team environment where you will be part of the underwriting team managing risk through the process from initial acceptance up to outwards reinsurance.

Responsibilities:

• Develop and assist in the maintenance of the Property Treaty product line
• Negotiate, assess and underwrite renewal and new business in a timely and efficient manner in line with the business plan and personal authority limits.
• Support the Property Treaty team with broker interaction, modelling, strategic thinking, emerging risk analysis and business planning
• Develop and maintain relationships with brokers and clients with a view to the production of new business
• Ensure compliance with regulatory and internal procedures, aggregate management for peak risks
• Compile underwriting reports and presentations as appropriate
• Maintain good relationships with both external and internal parties as appropriate
• Compile statistics and understand performance of all risks and accounts
• Review and finalise contract wordings

Skills & Experience:

• Lloyd’s or company market experience (broking or underwriting),in a client/broker facing role
• Technical knowledge of the Property Treaty class with experience of the International markets preferred
• IT (Word, Excel, PowerPoint and Outlook) literate toan advanced level
• Working knowledge of Cat modelling tool outputs at policy and portfolio levels, eg RMS.
• Excellent communication skills (written and verbal)
• Strong analytical skills and problem solving abilities.

About Us

Our benefits

We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory pension, discretionary bonus, insurances including health (family) and dental cover, and many other benefits to enhance financial, physical, social and psychological health.

About Canopius

Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.

At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.

Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.

We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate.We encourage and welcome applicants from all diverse backgrounds.

We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.