Aviva UK are now looking for a Financial Institutions (FI) Underwriter to join our growing General Insurance team in Aviva’s renowned Global Corporate Speciality (GCS) team.
This position will be part of our team focusing on Financial Institutions - generating, underwriting, and analysing risks in line with our FI strategy. This position will have the opportunity for you to attend and participate in client meetings to understand risk profiles, while developing and maintaining intermediary relationships, including crafting business flows.
We believe this is a strong opportunity due to the amount of growth this team has seen recently - we’re on a very promising trajectory and proud of our strong reputation and relationships in the market. This role will be part of an established, knowledgeable team that you can learn from and are very serious about keeping our momentum going forward into 2022.
Aviva now uses smart-working, and the person in this role can operate out of our London offices flexibly.
The role’s duties & responsibilities:
Administering and monitoring underwriting authority and guidelines, insurance laws and regulations and rating tools
Reviewing technical, legal issues & developments and producing proposals to reduce risk, exploit opportunities and reduce blockages
Contributing to new product rollout and appetite extensions
Embracing systems and process re-engineering to drive efficiency to build market leading future platforms and operating models
Developing and delivering business plans for the departments linked to overall GCS objectives
Embrace Systems and process re-engineering to drive efficiency to build market leading future platforms and operating models
Skills & experiences required:
Familiarity with Financial Services and the insurance industry and the risks associated
An interest in thinking, talking and acting with commercial motives
A strong embedded broker and customer relationships across FI would be great to see
Professional qualifications relevant to insurance and underwriting are desirable but not necessary
Track record of understanding of customers in a business environment
A drive to develop and grow in the FI Underwriting environment
What will you get for this role?
A salary circa £60,000 depending on skills, experience and qualifications
Generous defined contribution pension scheme
Annual performance related bonus and pay review
Holiday allowance of 29 days plus bank holidays and the option to buy/sell up to 5 additional days
Up to 40% discount for some Aviva products through “My Aviva Extras†plus discounts for Friends and Family (some exclusions apply)
Excellent range of flexible benefits to include a matching share save scheme
Working at Aviva
At Aviva, we’re people with a purpose. To be with you today, for a better tomorrow.
We bring this to life by ensuring managing risk is at the heart of the way we all work. We love people who do the right thing for our customers, and our colleagues. We want people who speak up, who take ownership, and who make good decisions.
The way we do this is important too, we’re all about our people – that’s you – so we can be pretty flexible. If you want to work from home some of the time or change your hours so you can pick up your kids or care for someone in your family, we’re very open to that. In fact, we don’t advertise roles as either part or full time, because we know each person has different needs, just as each business area has different needs. So, it’s up to you to discuss working hours during your interview.
We care deeply about being inclusive and that means we encourage applications from people with diverse backgrounds and experiences. We want our employees to bring their whole self to work and that starts with you.
We interview every disabled applicant* that meets the minimum criteria for the job. Once you’ve applied, please send us a separate email stating that you have a disclosed disability and we’ll make sure we interview you.
We’d love it if you could submit your application online. If you require an alternative method of applying, please give Daniel Hopchet a call on 0121 234 7625 or send an email to Daniel.Hopchet@Aviva.com.
*As defined in The Equality Act 2010*. By ‘minimum criteria’ we mean you should provide us with evidence which demonstrates that you generally meet the level of competence required and have the qualifications, skills or experience defined as essential to perform the role.
Job ID: 13848
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