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    Aviation Underwriter - London, United Kingdom - Avencia Consulting Services

    Avencia Consulting Services
    Avencia Consulting Services London, United Kingdom

    3 weeks ago

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    Description
    About us


    Avencia Consulting are recruiting exclusively on behalf of a well known Insurer who are looking to hire an Aviation Underwriter to join their London team.

    The role

    The primary focus of this role is originating, modelling, administering, and underwriting a portfolio of (re)insurance business.

    This includes analysing and maintaining the accuracy of all (re)insurance submission data, policies, and records with the ultimate goal of ensuring that the businesses interests are properly managed and protected.

    Key accountabilities

    Participate in the underwriting process, evaluation, and presentation of submissions, analysing and interpreting exposures, determining coverage and contract language
    Working cross class, Airline, Hull War, Contingent All Risks, Contingent War, Aerospace & General Aviation
    Assist and work with risk modeling and pricing tools
    Originate, leverage, build and maintain broker and client relationships
    Monitor market developments and remain current regarding knowledge of all relevant classes of business, and legislated and regulatory changes / requirements
    Ensure accuracy and integrity of underwriting data in group underwriting systems
    Prepare and issue quotes on an accurate and timely basis
    Supervising and/or mentoring junior members of the team
    Ensure compliance with internal and external underwriting regulations, liaising as appropriate with external bodies such as brokers, clients, auditors, and regulators as required
    Assist with strategic initiatives as needed to promote business growthSkills & experience

    Minimum of 5 years' experience in a broking or underwriting capacity in the relevant line of business
    Established networks and strong existing relationships with brokers and clients, and ability to independently manage meetings
    Strong understanding of the underwriting marketplace
    Excellent analytical skills, with a working knowledge of and ability to interpret the outputs of pricing models, and the statistical skills necessary to perform analyses on first principles
    Proven negotiator, with demonstrated ability to attract new business and retain clients
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