Trading Underwriter - Legal Indemnities
Trading Underwriter - Legal Indemnities

Trading Underwriter - Legal Indemnities

London Full-Time 28800 - 48000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Make key underwriting decisions and manage your own caseload in a dynamic team.
  • Company: Join Aviva, a leading insurance provider known for innovation and growth.
  • Benefits: Enjoy competitive salary, bonuses, generous holidays, and flexible benefits.
  • Why this job: Be part of a fast-paced team that values your ideas and supports your growth.
  • Qualifications: Strong knowledge of Legal Indemnity risks and effective communication skills required.
  • Other info: Full-time role with opportunities for community engagement and wellbeing support.

The predicted salary is between 28800 - 48000 £ per year.

Join to apply for the Trading Underwriter – Legal Indemnities role at Aviva

Senior Recruitment Specialist | attracting the very best Insurance talent for Aviva….

Trading Underwriter – Legal Indemnities

Salary – Competitive

A fantastic opportunity has arisen in the Legal Indemnities team of the Global Corporate Speciality (GCS) department of Aviva UK. This team is now actively recruiting for a Legal Indemnity Trading Underwriter to join us in London.

We believe this is a great opportunity for someone who wants to be a part of a fast-paced, independent team who will continue to push from strength to strength with our broker engagements and new products.

Job Responsibilities:

  1. Day-to-day underwriting decisions regarding the acceptance and rating of risks within detailed guidelines and agreed authority limits.
  2. Handling your own caseload, underwriting new business, and providing technical support and assistance to customers, dealing with all queries in line with your authority level.
  3. Developing sustainable relationships to support new business growth and understanding relevant Broker markets.
  4. Spotting and initiating opportunities for service and operational improvements by acting on feedback from customers and sharing ideas with peers in team meetings.
  5. Proactively developing your own capability to improve individual and team performance, working within governance frameworks to ensure risk compliance.

Skills and experience we’re looking for:

  1. Strong technical knowledge of core Legal Indemnity risks; experience with underwriting Rights to Light, European Title, and Title to Shares risks is desirable.
  2. Experience managing own underwriting caseloads within a regulatory environment, following due process and within set authority limits.
  3. Sound product knowledge, market awareness, and networking presence in the London market.
  4. Strong attention to detail and analytical skills.
  5. Effective communication skills to articulate technical issues and influence key contacts.

What you’ll get for this role:

  • Competitive salary (dependent on location, skills, experience, and qualifications).
  • Bonus opportunity – 8% of annual salary, dependent on performance.
  • Generous pension scheme – up to 14% contribution from Aviva.
  • 29 days holiday plus bank holidays, with options to buy or sell up to 5 days.
  • Discounts on Aviva products and other retailers.
  • 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.
  • Supportive policies including parental and carer’s leave.
  • Flexible benefits including sustainability options like cycle to work.
  • Paid volunteering days and community engagement.
  • Wellbeing support and tools.

Additional Details:

Seniority level: Associate

Employment type: Full-time

Job function: Other

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Trading Underwriter - Legal Indemnities employer: Aviva plc

Aviva is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong focus on employee development, Aviva provides numerous growth opportunities, competitive salaries, and a comprehensive benefits package that includes generous holiday allowances, pension contributions, and wellbeing support. Join our Legal Indemnities team to be part of a forward-thinking company that values your contributions and encourages a healthy work-life balance.
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Contact Detail:

Aviva plc Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Trading Underwriter - Legal Indemnities

✨Tip Number 1

Familiarise yourself with the specific Legal Indemnity risks mentioned in the job description, such as Rights to Light and Title to Shares. This knowledge will not only help you stand out during discussions but also demonstrate your commitment to understanding the role.

✨Tip Number 2

Network within the London insurance market to build relationships with brokers and industry professionals. Attend relevant events or webinars to connect with potential colleagues and gain insights into current trends and challenges in Legal Indemnities.

✨Tip Number 3

Prepare to discuss your experience managing underwriting caseloads in a regulatory environment. Be ready to share specific examples of how you've followed due processes and maintained compliance, as this is crucial for the role.

✨Tip Number 4

Showcase your analytical skills by being prepared to discuss how you've identified opportunities for service improvements in previous roles. Think of examples where your attention to detail has led to better outcomes for clients or your team.

We think you need these skills to ace Trading Underwriter - Legal Indemnities

Strong technical knowledge of Legal Indemnity risks
Experience with underwriting Rights to Light, European Title, and Title to Shares risks
Ability to manage own underwriting caseloads
Understanding of regulatory environments and compliance
Attention to detail
Analytical skills
Effective communication skills
Ability to articulate technical issues
Networking presence in the London market
Market awareness
Relationship-building skills
Proactive approach to service and operational improvements
Capability to work within governance frameworks

Some tips for your application 🫡

Understand the Role: Before applying, make sure to thoroughly read the job description for the Trading Underwriter - Legal Indemnities 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 relevant experience you have with underwriting, particularly in Legal Indemnity risks. Mention specific cases or projects where you managed your own caseload and followed regulatory processes.

Showcase Technical Knowledge: Demonstrate your strong technical knowledge of core Legal Indemnity risks in your application. If you have experience with Rights to Light, European Title, or Title to Shares risks, be sure to include this information.

Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also conveys your enthusiasm for the role and the company. Discuss how your skills align with Aviva's goals and how you can contribute to their success.

How to prepare for a job interview at Aviva plc

✨Know Your Legal Indemnity Risks

Make sure you brush up on your knowledge of core Legal Indemnity risks, especially Rights to Light, European Title, and Title to Shares. Being able to discuss these topics confidently will show that you're well-prepared and understand the nuances of the role.

✨Demonstrate Your Underwriting Experience

Be ready to share specific examples from your past experience managing underwriting caseloads. Highlight how you've followed due processes and adhered to authority limits, as this is crucial for the role at Aviva.

✨Showcase Your Communication Skills

Effective communication is key in this role. Prepare to articulate technical issues clearly and demonstrate how you've influenced key contacts in previous positions. This will help convey your ability to build relationships with brokers.

✨Prepare Questions About Team Dynamics

Since the role involves being part of a fast-paced team, think of questions that show your interest in team dynamics and collaboration. Ask about how the team shares feedback and initiates service improvements, which will reflect your proactive mindset.

Trading Underwriter - Legal Indemnities
Aviva plc
A
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