Head of Financial Lines Technical Underwriting Expert

4 weeks ago


London, Greater London, United Kingdom Aviva Full time
Job Title: Head of Financial Lines Technical Underwriting

We are seeking an experienced and skilled Head of Financial Lines Technical Underwriting to join our team at Aviva. As a key member of our Commercial Lines team, you will be responsible for setting the underwriting strategy for our Financial Lines classes and leading a team of underwriters to deliver exceptional results.

About the Role:

This is a newly created key role reporting to the Chief Underwriting Officer, Commercial Lines. You will work closely with the Commercial Lines senior leadership to deliver our ambitious growth targets for the business. Your primary focus will be on setting the UK GI underwriting strategy for the Financial Lines classes across Commercial Lines, ensuring the effective operation of control frameworks, and defining the CL Underwriting Risk Appetite in the context of the CL P&L pertaining to Financial Lines classes.

Key Responsibilities:
  • Set the UK GI underwriting strategy for the Financial Lines classes across Commercial Lines
  • Ownership of the underwriting authority delegation to CL underwriters across Financial Lines classes
  • 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 Financial Lines classes
  • Responsible for the creation and maintenance of technical underwriting guidance for Financial Lines classes
  • In conjunction with the Exposure Management, Pricing and Insights – set pricing strategy and rates for Financial Lines
  • Work with the Reinsurance team to place our reinsurance treaties
Requirements:
  • First-class Financial 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 We Offer:

As a valued member of our team, you will enjoy a range of benefits, including:

  • Competitive salary
  • Bonus opportunity - 25% of annual salary
  • Generous pension scheme
  • 29 days holiday plus bank holidays
  • Make your money go further - Up to 40% discount on Aviva products
  • 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
About Aviva:

Aviva is a leading general insurer in the UK, committed to delivering exceptional results for our customers and stakeholders. We are an inclusive and welcoming employer, dedicated to creating a workplace where everyone can thrive. We offer a range of flexible working options, including part-time and job shares, to support our colleagues in achieving a better work-life balance.



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