Latent Defects Senior Underwriter
Salary: Competitive
We have a fantastic opportunity in our Construction and Latent Defects team of the Global Corporate & Speciality (GCS) Division in London. The team is actively recruiting for a Latent Defects Senior Underwriter to support substantial business growth for this specialist line of business.
As a Senior Underwriter, the role holder will be responsible for underwriting profitable business focussing on Commercial LDI and Mixed-Use business, operating within agreed guidelines and authority levels. This person will actively pursue opportunities to grow the book of business through new business, in line with team targets, and support the Underwriting Manager to help the team achieve its targets and objectives.
This senior position on an account of focus and growth for Aviva (where we are market leading) will allow for someone to grow professionally, while backed by the resources and support of the UK’s largest insurer.
A bit about the job:
You will be working within own authority to make day-to day underwriting decisions regarding the acceptance and rating of risks within detailed guidelines and agreed authority limits up to £100M Sums Insured (dependent on experience). Other responsibilities include:
- Supporting the underwriting of commercial LDI business to deliver and provide full end-to-end policy management for large sophisticated corporate risks, involving management of engineers and placing of reinsurance
- Developing balanced, key broker relationships to support new business growth
- Providing technical support and assistance in reviewing structural engineer’s site reports
- Issuing policy documentation, drafting reinsurance referrals and supporting management on reinsurance bordereaux function
- Working within our governance frameworks to make sure we’re risk compliant as an organisation
Skills and experience we’re looking for:
- Track record of being responsible for own underwriting caseload within a regulatory environment
- Ability to analyse complex information and draw out the relevant facts
- Sound product knowledge and market awareness
- Well-tuned communication skills in order to articulate technical issues and influence key contacts in the marketplace
- Progression with CII qualification
What you’ll get for this role:
Our purpose - with you today, for a better tomorrow – is a promise we make to our colleagues too. And one of the ways we live up to that promise is by investing in you. We have so much to offer when it comes to being an Aviva colleague.
- Salary competitive, depending on location, skills, experience, and qualifications
- Bonus opportunity - 10% of annual salary actual amount depends on your performance and Aviva’s.
- Generous pension scheme - Aviva will contribute up to 14%, depending on what you put in.
- 29 days holiday plus bank holidays, and you can choose to buy or sell up to 5 days
- Make your money go further - Up to 40% discount on Aviva products, and other retailer discounts
- Up to £1,200 of free Aviva shares per year through our Matching Share Plan and share in the success of Aviva with our Save As You Earn scheme
- Brilliantly supportive policies including parental and carer’s leave
- Flexible benefits to suit you, including sustainability options such as cycle to work
- Make a difference, be part of our Aviva Communities and use your 3 paid volunteering days to help others
- We take your wellbeing seriously with lots of support and tools
Aviva is for everyone:
We’re inclusive and welcome everyone – we want applications from all backgrounds and experiences. Excited but not sure you tick every box? Even if you don’t, we would still encourage you to apply. We also consider all forms of flexible working, including part time and job shares.
We flex locations, hours and working patterns to suit our customers, business, and you. Most of our people are smart working – spending around 50% of their time in our offices every week - combining the benefits of flexibility, with time together with colleagues.
To find out more about working at Aviva take a look here
We interview every disabled applicant who meets the minimum criteria for the job. Once you’ve applied, please send us an email stating that you have a disclosed disability, and we’ll interview you.
We’d love it if you could submit your application online. If you require an alternative method of applying, please give Guv Johal a call on 0750 008 7919 or send an email to Guv.Johal@aviva.com.
