At a Glance
- Tasks: Underwrite general aviation risks and build strong broker relationships.
- Company: Leading London Market carrier with a focus on innovation.
- Benefits: Competitive salary, bonuses, pension, private medical cover, and hybrid working.
- Other info: Clear career progression to Senior Underwriter with increasing authority.
- Why this job: Join a dynamic team and shape the future of aviation underwriting.
- Qualifications: 5+ years in aviation underwriting with strong negotiation skills.
The predicted salary is between 100000 - 150000 £ per year.
Location: London (hybrid)
Market: London Market
Salary: £100,000 to £150,000, dependant on experience
Reports to: Head of Aviation / Class Underwriter
Level: Underwriter to Senior Underwriter
Our client, a London Market carrier is hiring a General Aviation Underwriter to grow a profitable GA book across the UK, Europe and international territories. The role covers hull and liability for private, business and light commercial aviation, written on an open market and delegated basis.
Class focus
- General aviation hull, liability and personal accident
Key responsibilities
- Underwriting
- Underwrite new and renewal GA risks within authority: private owners, flying schools, aero clubs, air taxi, charter, helicopters, light business jets and aviation-related products
- Assess risk on pilot experience, aircraft type, usage, hull values, maintenance and loss history
- Price, structure and set terms, deductibles and conditions in line with the business plan and rating tools
- Quote, bind and write lines on open market, lineslip and facility business
- Delegated authority
- Oversee coverholder and MGA binders, including audits, bordereaux review and performance monitoring
- Support new binder set-up and renewal negotiations
- Broker and market relationships
- Build and maintain relationships with London, European and international aviation brokers
- Lead broker meetings, marketing visits and new business development
- Represent the syndicate or MGA at industry events
- Portfolio and claims
- Monitor portfolio performance, rate adequacy and aggregate exposure
- Work with claims on significant losses and coverage queries
- Contribute to business planning, reinsurance discussions and peer review
- Governance
- Meet Lloyd's, PRA/FCA and internal underwriting standards, including sanctions checks and Consumer Duty where relevant
- Keep accurate underwriting files and system records
Skills and experience
Essential
- 5+ years underwriting general aviation in the Lloyd's or London Market, or with an aviation insurer
- Sound technical knowledge of GA hull, liability and passenger legal liability wordings (e.g. AVN clauses)
- Track record of writing a profitable book and developing broker relationships
- Confident pricing and risk-selection skills, comfortable with rating models and data
- Strong negotiation and communication skills
Desirable
- ACII / Cert CII, or working towards it
- Delegated authority or coverholder management experience
- Experience in rotorcraft, airport/aviation products or aerospace lines
- Existing broker network across UK, Europe or North America
What's on offer
- Competitive base salary of £100,000 to £150,000 plus discretionary bonus
- Pension, private medical cover and a market-standard benefits package
- Hybrid working and support for CII qualifications
- Clear route to Senior Underwriter with increasing authority
Underwriter - General Aviation in London employer: Lawes Consulting Group
At Lawes Consulting Group, we pride ourselves on being an excellent employer that values and nurtures talent within a supportive and collaborative environment. As a Property Loss Adjuster based in Glasgow, you will benefit from a strong focus on employee development, a diverse portfolio of claims to manage, and the opportunity to work closely with industry professionals, all while enjoying the vibrant culture of Scotland's largest city.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter - General Aviation 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 Lawes Consulting Group). 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 Lawes Consulting Group. 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 Underwriter - General Aviation in London
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 Lawes Consulting Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Lawes Consulting Group. 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 Lawes Consulting Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Lawes Consulting Group 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 Lawes Consulting Group, 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 Lawes Consulting Group'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.
