Underwriter - Financial Institutions & Management Liabilities
Underwriter - Financial Institutions & Management Liabilities

Underwriter - Financial Institutions & Management Liabilities

Manchester Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join our team as an Underwriter, negotiating with brokers and clients while underwriting insurance.
  • Company: Aviva is a leading insurer serving 33 million customers in life, general, and health insurance.
  • Benefits: Enjoy competitive salary, bonus opportunities, generous pension, and flexible working arrangements.
  • Why this job: Advance your career in a supportive environment with a focus on inclusivity and personal growth.
  • Qualifications: Experience in underwriting Financial Institutions and strong communication skills are essential.
  • Other info: We welcome diverse applicants and offer flexible working options, including remote work.

The predicted salary is between 36000 - 60000 £ per year.

Underwriter – Financial Institutions & Management Liabilities Underwriter – Financial Institutions & Management Liabilities Are you experienced in the Regional Financial Lines (FL) & Institutions market and seeking a new challenge? We are expanding our Financial Institutions capabilities in the UK regional space and looking for an Underwriter to join our team. This role is ideal for someone with excellent communication and people skills, as you will negotiate with key broker partners, meet large clients face-to-face during pre-renewal meetings, and develop our FL offerings across the UK Regional network. About the role: You will be part of the Regional Financial Lines team, operating under a Global Corporate and Specialty (GCS) underwriting license. The successful candidate will underwrite Financial Institutions, Directors and Officers Liability insurance, and Commercial Crime insurance. Responsibilities include underwriting renewals and new business aligned with GCS & Mid-Market strategies. Strong communication and time management skills are essential for collaborating internally and externally to achieve business objectives. This position suits a motivated, professional individual eager to advance their career within a market-leading insurer. Skills and experience required: Experience in underwriting Financial Institutions, Commercial Directors and Officers Liability, and Commercial Crime insurance Experience in Cyber, Pension Trustees Liability, or Professional Indemnity underwriting is advantageous Strong organizational and time management skills Interest in business and macroeconomic environment Ability to build and maintain positive relationships with internal stakeholders, brokers, agents, and clients to drive growth What we offer: Competitive salary (dependent on location, skills, experience, and qualifications) Bonus opportunity – up to 10% of annual salary, based on performance Generous pension scheme – employer contributions up to 14% 29 days holiday plus bank holidays, with options to buy or sell up to 5 days Up to 40% discount on Aviva products and other retailer discounts Up to £1,200 of free Aviva shares annually through our Matching Share Plan and Save As You Earn scheme Supportive policies including parental and carer’s leave Flexible benefits, including sustainability options like cycle to work Paid volunteering days and participation in Aviva Communities Support for wellbeing with various tools and resources Learn more and calculate your potential total reward using our online calculator. Inclusivity at Aviva: We welcome applications from all backgrounds and experiences. Even if you don’t meet every requirement, we encourage you to apply. We support flexible working arrangements, including part-time and job-sharing options. Our flexible working models combine office and remote work, typically around 50% in the office weekly. For more about working at Aviva, visit our website. We interview all disabled applicants who meet the minimum criteria. Please notify us via email if you have a disclosed disability. To apply, submit your application online or contact Tawana Chin at 07789 624461 or tawana.chin@aviva.com for alternative application methods. About Aviva We serve 33 million customers, providing life, general, and health insurance, along with asset management. Our mission is to protect and empower our customers, creating a sustainable future for all. #J-18808-Ljbffr

Underwriter - Financial Institutions & Management Liabilities employer: Aviva

Aviva is an exceptional employer, offering a dynamic work environment that fosters professional growth and collaboration within the Regional Financial Lines team. With competitive salaries, generous benefits including a robust pension scheme and flexible working arrangements, Aviva prioritises employee wellbeing and inclusivity, making it an ideal place for motivated individuals to thrive in their careers while contributing to a sustainable future.
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Contact Detail:

Aviva Recruiting Team

tawana.chin@aviva.com

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriter - Financial Institutions & Management Liabilities

✨Tip Number 1

Familiarise yourself with the latest trends in the Financial Institutions and Management Liabilities sector. Understanding current market dynamics will help you engage in meaningful conversations with brokers and clients, showcasing your expertise during interviews.

✨Tip Number 2

Network with professionals in the underwriting field, especially those who specialise in Financial Lines. Attend industry events or webinars to build relationships that could lead to referrals or insider information about job openings.

✨Tip Number 3

Prepare for face-to-face meetings by practising your negotiation skills. Role-playing scenarios with a friend or mentor can help you feel more confident when discussing terms with brokers and clients.

✨Tip Number 4

Research Aviva's values and recent initiatives in the insurance market. Tailoring your discussions around their goals and demonstrating how you can contribute to their success will make you a standout candidate.

We think you need these skills to ace Underwriter - Financial Institutions & Management Liabilities

Underwriting Experience in Financial Institutions
Knowledge of Directors and Officers Liability Insurance
Understanding of Commercial Crime Insurance
Experience in Cyber Insurance Underwriting
Familiarity with Pension Trustees Liability
Professional Indemnity Underwriting Skills
Strong Negotiation Skills
Excellent Communication Skills
Time Management Skills
Organisational Skills
Relationship Building with Brokers and Clients
Interest in Business and Macroeconomic Trends
Ability to Collaborate with Internal Stakeholders
Motivated and Professional Attitude

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in underwriting Financial Institutions and related areas. Use specific examples that demonstrate your skills in negotiation, communication, and time management, as these are crucial for the role.

Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the position. Mention your understanding of the Regional Financial Lines market and how you can contribute to the team at Aviva.

Highlight Relevant Experience: In your application, emphasise any experience you have with Directors and Officers Liability insurance or Commercial Crime insurance. If you have knowledge in Cyber or Professional Indemnity underwriting, be sure to include that as well.

Showcase Soft Skills: Since the role requires strong communication and relationship-building skills, provide examples of how you've successfully collaborated with brokers, clients, or internal teams in previous roles. This will help demonstrate your fit for the position.

How to prepare for a job interview at Aviva

✨Know Your Underwriting Basics

Make sure you brush up on your knowledge of Financial Institutions and Management Liabilities. Be prepared to discuss your experience with Directors and Officers Liability insurance and Commercial Crime insurance, as these will be key topics during the interview.

✨Showcase Your Communication Skills

Since this role involves negotiating with brokers and meeting clients face-to-face, demonstrate your excellent communication skills. Prepare examples of how you've successfully built relationships in previous roles, as this will highlight your ability to collaborate effectively.

✨Understand the Market Trends

Familiarise yourself with current trends in the Regional Financial Lines market. Being able to discuss macroeconomic factors that affect the industry will show your interest and understanding of the business environment, which is crucial for this role.

✨Prepare Questions for Them

Have a few insightful questions ready to ask at the end of your interview. This not only shows your enthusiasm for the role but also gives you a chance to assess if the company culture and values align with your career goals.

Underwriter - Financial Institutions & Management Liabilities
Aviva
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  • Underwriter - Financial Institutions & Management Liabilities

    Manchester
    Full-Time
    36000 - 60000 £ / year (est.)

    Application deadline: 2027-06-21

  • A

    Aviva

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