Head of Financial Lines Technical Underwriting Expert

1 week ago


London, Greater London, United Kingdom Aviva Full time

Financial Lines Underwriting Expertise

We are seeking an experienced Financial Lines underwriter to lead our underwriting strategy for the UK GI Commercial business. This role offers a unique opportunity to make a real impact working with the UK's leading general insurer.

About the Role

As a Head of Financial Lines Technical Underwriting, you will be responsible for setting the underwriting strategy for the Financial Lines classes across Commercial Lines. This includes ownership of the underwriting authority delegation to CL underwriters, ensuring effective operation of control frameworks, and defining the CL Underwriting Risk Appetite.

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

  • 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
  • Brilliantly supportive policies including parental and carer's leave
  • Flexible benefits to suit you, including sustainability options
  • Make a difference, be part of our Aviva Communities and use your 3 paid volunteering days to help others

We are an inclusive employer and welcome applications from all backgrounds and experiences. We 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.



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