Property Underwriting Director

1 month ago


London, Greater London, United Kingdom Aviva plc Full time
About the Role

We are seeking a Property Underwriting Director to lead our UK GI Commercial business underwriting strategy for Property and Specialty Lines classes. This is a newly created key role, reporting to the Chief Underwriting Officer, Commercial Lines.

As a senior leader, you will work directly with the Commercial Lines Senior leadership team to deliver ambitious growth targets for our Commercial Lines business.

Key Responsibilities
  1. Develop and implement the UK GI underwriting strategy for Property and Specialty Lines classes, across Commercial Lines.
  2. Owning the underwriting authority delegation to CL underwriters across Property and Specialty Lines classes, ensuring clarity and fitness for purpose.
  3. Defining the CL Underwriting Risk Appetite in the context of the CL P&L pertaining to Property and Specialty Lines classes.
  4. Responsible for creating and maintaining technical underwriting guidance for Property and Specialty Lines classes.
  5. In conjunction with Exposure Management, Pricing and Insights – set pricing strategy and rates for Property and Specialty Lines.
Requirements
  1. First-class Property & Specialty Lines underwriting knowledge, product, and pricing expertise.
  2. Understanding of risks faced by a Commercial Lines business and controls to manage and mitigate these risks, with an emphasis on insured perils.
  3. Involvement in projects related to regulation and legislation.
  4. Strong Reinsurance experience and understanding of aggregation of risk and capital.
  5. High-performance People Leadership.
What You'll Get
  1. Competitive salary (£120,000 - £160,000), depending on location, skills, experience, and qualifications.
  2. Bonus opportunity - 25% of annual salary. Actual amount depends on performance and Aviva's results.
  3. Generous pension scheme - Aviva contributes up to 14%, based on your contribution.
  4. 29 days holiday plus bank holidays, with the option to buy or sell up to 5 days.
  5. Aviva products at a discounted rate (up to 40%) and other retailer discounts.
  6. Free Aviva shares (up to £1,200 annually) through the Matching Share Plan and share in Aviva's success with the Save As You Earn scheme.
  7. Supportive policies including parental and carer's leave.
  8. Flexible benefits tailored to your needs, including sustainability options like cycle to work.
  9. Paid volunteering days (3) to make a difference in your community.


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