Property Underwriter in London

Property Underwriter in London

London Full-Time 49500 - 60500 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Underwrite complex property risks and provide tailored insurance solutions.
  • Company: Join Aviva, a growing global leader in corporate insurance.
  • Benefits: Competitive salary, generous holiday, and flexible working options.
  • Other info: Inclusive culture with opportunities for personal and professional growth.
  • Why this job: Make a real impact while developing your skills in a supportive team.
  • Qualifications: Experience in UK and Multinational Corporate Property underwriting required.

The predicted salary is between 49500 - 60500 £ per year.

Do you have experience underwriting UK and Multinational Corporate Property business within the London Market? Are you looking to join a growing team where you can make a real impact on our portfolio and support the development of colleagues? Global Corporate & Specialty is a key growth area for Aviva, and we're continuing to expand our presence in the UK and Multinational market. We're looking for an experienced Property Underwriter to help grow our portfolio, build strong broker and client relationships, and support the development of colleagues across the team.

A bit about the job:

As a Property Underwriter within our Corporate Property team in Global Corporate & Specialty, you'll help deliver profitable growth across our UK and Multinational portfolio. You'll work closely with brokers, clients and colleagues to underwrite complex property risks and provide tailored insurance solutions. The team supports large corporate customers in the UK and internationally, helping them manage a wide range of property exposures. You'll be responsible for making sound underwriting decisions, maintaining portfolio performance and delivering excellent service. You'll also contribute to team development and support the delivery of the team's strategy and business plan.

Skills and experience we're looking for:

  • Experience underwriting UK and Multinational Corporate Property business within the London Market.
  • Experience structuring and placing complex international insurance programmes and bespoke policy wordings.
  • Strong relationship-building and negotiation skills, with the ability to develop successful broker and client partnerships.
  • Experience supporting, coaching or developing less experienced colleagues.
  • Strong commercial awareness, interest in market trends and a commitment to high professional and ethical standards.

What you’ll get for this role:

  • Competitive starting salary (depending on skills, experience, and qualifications).
  • Competitive bonus opportunity - actual amount depends on your performance and Aviva’s.
  • Generous pension scheme e.g. if you put in 8%, Aviva adds 14%.
  • 29 days holiday plus bank holidays, and you can choose to buy or sell up to 5 days.
  • Aviva-funded Private Medical Benefit to help you get expert support when you need it.
  • Up to 40% discount on Aviva products, and other retailer discounts.
  • Up to £1,200 of free Aviva shares per year through our Matching Share Plan and share in the success of Aviva with our Save As You Earn scheme.
  • Brilliantly supportive policies including parental and carer’s leave.
  • Flexible benefits to suit you, including sustainability options such as cycle to work.
  • Make a difference, be part of our Aviva Communities and use your 3 paid volunteering days to help others.
  • We take your wellbeing seriously with lots of support and tools.

Aviva is for everyone: We’re inclusive and welcome everyone – we want applications from all backgrounds and experiences. Excited but not sure you tick every box? Even if you don’t, we would still encourage you to apply. We also consider all forms of flexible working, including part time and job shares. We flex locations, hours and working patterns to suit our customers, business, and you. Most of our people are smart working – spending at least 50% of their time in our offices every week - combining the benefits of flexibility, with time together with colleagues.

Property Underwriter in London employer: Aviva plc

Aviva Investors is an exceptional employer, offering a dynamic work environment in London that fosters collaboration and innovation. With a strong commitment to employee growth, competitive salaries, and generous benefits including a robust pension scheme and flexible working options, we empower our team to thrive both professionally and personally. Join us to be part of a diverse team dedicated to driving positive change in the investment landscape while enjoying a supportive culture that values inclusivity and community engagement.

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Contact Details:

Aviva plc Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Property Underwriter in London

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Aviva plc). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Aviva plc. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Property Underwriter in London

Underwriting Experience
UK and Multinational Corporate Property Knowledge
Complex Risk Assessment
Insurance Programme Structuring
Bespoke Policy Development
Relationship-Building Skills
Negotiation Skills

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Aviva plc.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Aviva plc. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at Aviva plc

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Aviva plc to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at Aviva plc, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding Aviva plc's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.