Aviation Underwriter

Aviation Underwriter

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
S

At a Glance

  • Tasks: Join our Aviation team to underwrite diverse aviation risks and build strong client relationships.
  • Company: Sompo International is a global leader in insurance and reinsurance, committed to excellence and diversity.
  • Benefits: Enjoy flexible working, expansive health benefits, and generous retirement plans.
  • Why this job: Be part of a collaborative culture that values innovation and offers career growth opportunities.
  • Qualifications: 5+ years of underwriting experience, strong analytical skills, and the ability to work independently.
  • Other info: Work in a dynamic London office with a focus on inclusivity and professional development.

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

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people . At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.

Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for an Underwriter in our Aviation team in our London Market business.

Our Aviation Underwriting team provides risk transfer solutions to a varied client base within all facets of the Aviation industry. The London team is responsible for underwriting all major risk globally excluding Japan and General Aviation excluding Japan and USA. We focus on building excellent relationships with our clients and brokers, fostering long-term partnerships underpinned by decades of collective experience and technical knowledge.

Location: This position will be based out of our London office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

Our business, your impact, our opportunity:

What you’ll be doing:

  • Underwrite Airline, Aerospace, General Aviation and Aviation War in accordance with Underwriting Guidelines and individual authority granted by management.
  • Focus on Renewal Retention and New Business production in maintaining and growing a profitable Aviation portfolio.
  • Monitors Industry and specific Account trends.
  • Implements an Underwriting Service reputation that is recognized as superior in the industry.
  • Develop and maintain engagement plans with Brokers as appointed including management of relationships in terms of analysis, meetings and entertainment.
  • Provide technical input in Product Development.
  • Interact with Brokers and other external parties including third party business providers, including the maintenance and development of good working relationships.
  • Contribute towards Underwriting services projects relating to the improvement of existing services.
  • Maintain timely and accurate risk, exposure and premium accounting in the company’s policy administration and documentation management systems.

What you’ll bring:

  • Proven underwriting experience with Authority. Minimum 5 years.
  • Prior experience of Underwriting Aviation exposures.
  • Able to work independently under your own initiative and as a part of a team.
  • Strong interpersonal and communication skills – articulate and influential.
  • Attention to detail with the ability to organise efficiently.
  • Problem solving and decision-making abilities.
  • Strong analytical abilities with excellent logic and critical thinking skills.
  • Excellent written and oral communication skills along with exceptional interpersonal tributes with the ability to work with a team-oriented approach.
  • Ability to work effectively in a fast-paced environment.
  • Strong time management skills.
  • Strong administration and operational skills.
  • Strong work ethic with an ability to operate effectively under pressure
  • Flexible approach and ability to recognise and adapt to changing business requirements
  • Proficient in the use of MS Office (Excel, Word, PowerPoint and Outlook);
  • Confident and self-driven and enjoy working to deadlines and targets

Our Benefits

We continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents. Below are a few highlights of our inclusive benefit programs:

  • Expansive Health & Wellness Benefits
  • Generous Retirement & Savings Plans
  • Global Parental Leave & Adoption Assistance

In today’s world, what do we stand for?

We strive to create exceptional value for our clients and shareholders while maintaining Sompo as an attractive place to work. We foster an environment of ongoing, open dialogue between managers and their direct reports, and believe in an organizational environment where everyone belongs. We proudly are a multi-racial, multi-cultural, global enterprise. We reject all forms of racism, bigotry, prejudice and injustice and continue to invest in building out an inclusive and diverse work environment.

About Us

Expert Partners.
Clarity in complexity.
Unwavering commitment
.

We’re Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. Building on Sompo Holdings’ 130 years of innovation, we’re committed to applying all of our experience to simplify yours.

Our dedication to you shows up in the care we put in every detail, working to create a frictionless risk management journey for everyone we serve.

We lead with your priorities, meticulously crafting solutions, sharing insights, and understanding your needs.

Around the world, our 9,000+ employees use their expertise to learn, improve and find clear answers for your complex challenges.

Because when you choose Sompo, you choose the ease of expertise.

To learn more about visit our website at

#J-18808-Ljbffr

Aviation Underwriter employer: Sompo International

At Sompo International, we pride ourselves on being an exceptional employer, offering a dynamic work culture in the heart of London that fosters collaboration and innovation. Our commitment to employee growth is reflected in our comprehensive benefits package, including expansive health and wellness programs, generous retirement plans, and global parental leave, all designed to support our diverse workforce. Join us to be part of a team that values integrity and excellence, where your contributions directly impact our success in the aviation insurance sector.
S

Contact Detail:

Sompo International Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Aviation Underwriter

✨Tip Number 1

Familiarise yourself with the latest trends in the aviation insurance market. Understanding current challenges and opportunities can help you engage in meaningful conversations during interviews, showcasing your industry knowledge.

✨Tip Number 2

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

✨Tip Number 3

Prepare to discuss your previous underwriting experiences in detail. Be ready to share specific examples of how you've successfully managed risks and built relationships with brokers, as these are key aspects of the role.

✨Tip Number 4

Demonstrate your analytical skills by preparing a case study or analysis related to aviation risks. This will not only show your expertise but also your proactive approach to problem-solving, which is highly valued in this position.

We think you need these skills to ace Aviation Underwriter

Proven Underwriting Experience
Aviation Exposure Knowledge
Analytical Skills
Attention to Detail
Strong Interpersonal Skills
Effective Communication Skills
Problem-Solving Abilities
Decision-Making Skills
Critical Thinking Skills
Time Management Skills
Operational Skills
MS Office Proficiency (Excel, Word, PowerPoint, Outlook)
Ability to Work Independently and as Part of a Team
Adaptability to Changing Business Requirements
Client Relationship Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant underwriting experience, particularly in aviation. Use specific examples to demonstrate your skills in risk assessment and portfolio management.

Craft a Compelling Cover Letter: Write a cover letter that reflects your understanding of the aviation industry and Sompo International's values. Emphasise your ability to build relationships with clients and brokers, as well as your problem-solving skills.

Showcase Your Analytical Skills: In your application, provide examples of how you've used analytical skills to make informed underwriting decisions. Mention any tools or methodologies you are proficient in that relate to risk assessment.

Highlight Team Collaboration: Since the role requires collaboration, include instances where you've successfully worked within a team. Discuss how you contributed to team goals and maintained effective communication with colleagues and external partners.

How to prepare for a job interview at Sompo International

✨Showcase Your Underwriting Experience

Make sure to highlight your previous underwriting experience, especially in aviation. Be prepared to discuss specific cases where you successfully managed risks and how your decisions positively impacted the portfolio.

✨Demonstrate Strong Interpersonal Skills

Since building relationships with clients and brokers is crucial, be ready to share examples of how you've effectively communicated and collaborated in past roles. This will show that you can foster long-term partnerships.

✨Prepare for Technical Questions

Expect questions related to underwriting guidelines and risk assessment. Brush up on your technical knowledge about the aviation industry and be ready to discuss trends and challenges you’ve observed.

✨Exhibit Problem-Solving Abilities

Prepare to discuss scenarios where you faced challenges in underwriting and how you approached problem-solving. Highlight your analytical skills and decision-making process to demonstrate your capability in a fast-paced environment.

S
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>