About us
Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions.
We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism.
Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.
The role
To underwrite Heavy Industries business in accordance with the department’s business plans and guidelines in order to achieve an underwriting profit.
Key accountabilities
- To assist the Head of International Heavy Industries in:
- Maintaining a profitable portfolio
- Developing the Heavy Industries portfolio with the appropriate balance in terms of geography, segmentation, limit profiles, and accumulations
- To assist the Head of International Heavy Industries in the development of monthly, quarterly, and annual reporting
- To be aware of and to comply with the FCA Principles for Business and, if applicable, the FCA Statements of Principle and Code of Practice for Approved Persons
- To develop new business in line with the divisional business plan
- To underwrite individual accounts in accordance with corporate guidelines and protocols
- To maintain/enhance the Aspen Energy brand through marketing, as well as attendance and participation at industry conferences
- To provide an efficient service to clients and brokers using risk based solutions developed through integrated underwriting and claims processes
- Responsible for monitoring of all claims relating to business personally underwritten and assist in the coordination and communication with Aspen Claims Department
- Assist with developing and modifying Policy Wordings, Clauses and Exclusions as circumstances require
Adhere to all relevant Lloyd’s guidelines and practices
Skills & experience
- Ideally ACII qualified with substantial, sector-specific underwriting experience
- 10+ years’ experience in the Energy insurance industry with an emphasis on Heavy Industries underwriting
- Bachelor degree strongly preferred
- Continuing education and coursework relevant to the insurance industry highly desirable
Other
We're committed to making Aspen a great place to work, where you're rewarded and recognised for your efforts. As well as your pay and discretionary performance related bonus, you'll also enjoy a huge range of benefits. There are plenty of options available with our exciting benefits package, designed for your health, your family and to help ensure that you enjoy the most from your lifestyle.
Senior Underwriter Heavy Industries in London employer: Aspen Insurance
Aspen is an exceptional employer that fosters a dynamic and inclusive work environment, where respect, honesty, trust, and professionalism are at the core of our values. As an Actuary in our UK Actuarial Function, you will have the opportunity to engage in meaningful projects, develop your skills, and collaborate with talented colleagues while being rewarded for your achievements. Our commitment to employee growth and a supportive culture makes Aspen a fantastic place to advance your career in the insurance industry.
