Aviation Underwriter

Aviation Underwriter

Slough Full-Time 43200 - 72000 Β£ / year (est.) No home office possible
T

At a Glance

  • Tasks: Join us in underwriting and managing a diverse portfolio of (re)insurance business.
  • Company: The Fidelis Partnership is a leading bespoke (re)insurance firm with 40 years of success.
  • Benefits: Enjoy a dynamic work environment with opportunities for growth and development.
  • Why this job: Be part of a culture that values innovation, diversity, and teamwork while making a real impact.
  • Qualifications: Experience in broking or underwriting, strong analytical skills, and established broker relationships are essential.
  • Other info: We prioritise diversity and inclusion, ensuring everyone can contribute and thrive.

The predicted salary is between 43200 - 72000 Β£ per year.

About us The Fidelis Partnership is a leading specialty, bespoke and (re)insurance business. We have built our name on a 40-year track record of outperformance, and we continue to beat the market in our underwriting and returns. More information on The Fidelis Partnership can be found at www.fidelispartnership.com.

The Company currently writes lines of business including specialty insurance: aviation & aerospace, energy, marine, property, terror & political violence, contingency and other specialty lines; reinsurance: property reinsurance, property retrocession, specialty reinsurance, whole account/multi-class and bespoke.

Role Overview 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 Fidelis’ interests are properly managed and protected.

Role Responsibilities:

  • 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 growth.

Skills & Experience:

  • 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.

The Fidelis Partnership Ethos Our culture is defined by our ethos. It is the foundation of who we are and the core of everything we do.

  • Results – We want to be the best at the things we care about, so we focus on profitability over volume, with responsive decision-making and clear prioritised accountability.
  • Innovate – We aspire to lead the market in providing the services and products our clients need, and to drive change in the broader impact our industry has on human rights, society, and environmental sustainability.
  • Include – We create an environment where employees can bring their whole self to work, with open communication where everyone, irrespective of gender, ethnicity, sexual orientation or background, feels able to contribute ideas and be recognised and rewarded for their contribution.
  • Unite – We operate as a team of individual talents that actively seeks to reflect the diversity of the societies in which we operate, giving our business the widest range of inputs and perspectives.
  • Respond – We work in a business exposed to sudden shocks and changes – elemental, political, economic and human – so we remain nimble and ready for change.

Diversity, Equality & Inclusion Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We want to create an environment where all employees, regardless of who they are, are given equal opportunities for career progression and enjoy fair reward from their and The Fidelis Partnership successes. This will be driven by a workforce that embraces Diversity and Inclusion at every level, in every department across The Fidelis Partnership.

Aviation Underwriter employer: The Fidelis Partnership

The Fidelis Partnership is an exceptional employer, offering a dynamic work environment that prioritises results, innovation, and inclusivity. With a strong focus on employee growth and development, team members are encouraged to bring their whole selves to work while benefiting from a culture that values diverse perspectives and fosters collaboration. Located in a thriving sector, the role of Aviation Underwriter provides unique opportunities to engage with industry leaders and contribute to meaningful projects that drive change in the (re)insurance landscape.
T

Contact Detail:

The Fidelis Partnership Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Aviation Underwriter

✨Tip Number 1

Familiarise yourself with the latest trends and developments in the aviation insurance market. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the field.

✨Tip Number 2

Network with professionals in the aviation underwriting space. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the role and company culture.

✨Tip Number 3

Prepare to discuss your analytical skills and experience with pricing models in detail. Be ready to provide examples of how you've used these skills in previous roles to make informed underwriting decisions.

✨Tip Number 4

Showcase your ability to build and maintain relationships with brokers and clients. Think of specific instances where you've successfully managed these relationships, as this is crucial for the role at The Fidelis Partnership.

We think you need these skills to ace Aviation Underwriter

Aviation and Aerospace Knowledge
Underwriting Expertise
Risk Assessment Skills
Analytical Skills
Statistical Analysis
Negotiation Skills
Relationship Management
Market Awareness
Attention to Detail
Data Integrity Management
Regulatory Compliance Knowledge
Pricing Model Interpretation
Team Leadership and Mentoring
Communication Skills

Some tips for your application 🫑

Understand the Role: Before applying, make sure to thoroughly read the job description for the Aviation Underwriter position. Understand the key responsibilities and required skills, so you can tailor your application accordingly.

Highlight Relevant Experience: In your CV and cover letter, emphasise any previous experience in broking or underwriting, particularly in aviation or related fields. Use specific examples to demonstrate your analytical skills and understanding of the underwriting marketplace.

Showcase Your Network: Mention any established relationships with brokers and clients in your application. This is crucial for the role, so highlight how you have successfully managed these relationships in the past.

Align with Company Ethos: Familiarise yourself with The Fidelis Partnership's ethos and values. In your application, reflect how your personal values align with theirs, especially regarding results, innovation, inclusion, and diversity.

How to prepare for a job interview at The Fidelis Partnership

✨Understand the Underwriting Process

Make sure you have a solid grasp of the underwriting process, especially in aviation. Be prepared to discuss how you would evaluate submissions and determine coverage, as this is a key part of the role.

✨Showcase Your Analytical Skills

Highlight your analytical abilities during the interview. Be ready to explain how you've used pricing models and statistical analyses in previous roles, as these skills are crucial for success in this position.

✨Demonstrate Relationship Management

The Fidelis Partnership values strong relationships with brokers and clients. Prepare examples of how you've built and maintained these relationships in the past, and be ready to discuss your approach to networking.

✨Align with Company Ethos

Familiarise yourself with The Fidelis Partnership's ethos of results, innovation, inclusion, unity, and responsiveness. Be prepared to discuss how your personal values align with theirs and how you can contribute to their culture.

Aviation Underwriter
The Fidelis Partnership
T
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>