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