Senior Underwriter, Wholesale Marine Cargo

6 months ago

London, United Kingdom Aviva Full time

Senior Underwriter Marine Wholesale

Salary – Competitive depending on experience

Are you someone who wants to play a key part in the continued success, growth, and ambition we have for Marine?

Aviva is a market leader in the marine cargo market with over 10% market share in the IUA cargo company market space, but we are not content to rest on our laurels, and strive to profitably grow this sector over the coming years.

A bit about the job:

The role of Senior Underwriter is a newly created position as a result of successful growth over the last year, and is key to the continued success, growth, and ambition we have for Marine. This role sits within a team of 5 writing wholesale cargo business, from the Box and a wider team of 12 marine underwriters in London.

Our appetite is broad & worldwide including North America. Whilst we are a company market operating in the Lloyd’s building, we have all the necessary surplus lines and other global licences to write business globally. Experience is required of writing cargo and stock throughput business in this environment, regardless of whether your experience is Lloyd’s based, or office based.

You will have accountability for:

Delivering the volume, quality and profitability of growth opportunities to the Line of Business which enables them to hit their plan targets

Building relationships with brokers and customers all over the world, including some travel

Responsible for the performance and development of the risks assigned to you and as per plan. Plans include metrics for new and renewal targets for GWP, NWP, Loss Ratio, Expense Ratio, and Combined Ratio, and rate achievement

Case by case judgement required to ensure overall strategy and governance targets are met

Success is measured by delivery of pipeline to achieve plan, growth in GWP and profit, positive intermediary and client sentiment and trust and – importantly - never forgetting the ability to help foster a great team ethos which brings out the very best in everybody.

Skills and experience we’re looking for:

Experience in underwriting and handling London market wholesale cargo and stock throughput business

Proven track record of underwriting a portfolio for a London Market/Lloyd’s Marine account including understanding the metrics required to monitor such a portfolio

Well regarded by major London market brokers with the ability to build and maintain relationships.

Results oriented

The ability to plan and prioritise affectively

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 - 12% 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 people with diverse backgrounds and experiences.

Excited but not sure you tick every box? Research tells us that women, particularly, feel this way. So, regardless of gender, why not apply. And if you’re in a job share just apply as a pair.

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.

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