Head of Property & Specialty Lines Technical Underwriting

Head of Property & Specialty Lines Technical Underwriting

Competitive Salary

Are you an expert first-class Property or Specialty lines underwriter looking for your next step?

If so, this could be the role for you!

We have an opportunity for a Head of Property & Specialty Lines Technical Underwriting to join our London based team. This is a great job for someone with solid experience in Property and knowledge in at least one of the Specialty Lines classes of Renewables, Accident & Health, Political Violence & Terrorism, Contingencies, Marine, Renewables, Construction and Property Investors

This role offers you a chance to make a real impact working with the UK's leading general insurer.

A bit about the job:

Within this role you will focus on setting the Property and Specialty Lines underwriting strategy for our UK GI Commercial business to meet the insurance needs of our customers and drive the required performance in terms of premium and profit. This is a newly created key role reporting to the Chief Underwriting Officer, Commercial Lines and will be working directly with the Commercial Lines Senior leadership team to deliver the ambitious growth targets for our Commercial Lines business.

Leading a team of around seventeen FTEs, you will deliver inspirational leadership and be a role model demonstrating at all times the attitude and behaviours required to cultivate an inclusive culture.

Additionally, you will:

• Set the UK GI underwriting strategy for the Property and Specialty Lines classes, across Commercial Lines
• Ownership of the underwriting authority delegation to CL underwriters across Property and Specialty Lines classes ensuring these are clearly understood and are fit for purpose
• Ensuring the effective operation of control frameworks to ensure underwriters work within their Underwriting authorities.
• Defining the CL Underwriting Risk Appetite in the context of the CL P&L pertaining to Property and Specialty Lines classes.
• Responsible for the creation and maintenance of technical underwriting guidance for Property and Specialty Lines classes
• In conjunction with the Exposure Management, Pricing and Insights - set pricing strategy and rates for Property and Specialty Lines.
• Work with the Reinsurance team to place our reinsurance treaties

Skills and experience we're looking for:

• First class Property & Specialty Lines underwriting, product & pricing know how
• Understanding of risks faced by a Commercial Lines business and the controls to manage and mitigate the risks with a particular emphasis on insured perils
• Involvement in projects involving regulation and legislation
• Strong Reinsurance experience & understanding of aggregation of risk and capital
• High performance People Leadership

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.

• Competitive salary (depending on location, skills, experience, and qualifications)
• Bonus opportunity - 25% 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

Take a look to learn more. Put a salary into this calculator to see what your total Aviva Reward could be.

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 Tawana Chin a call on 07789 624461 or send an email to tawana.chin@aviva.com .

Location: London, GB

Posted Date: 11/26/2024