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For Companies At a Glance
- Tasks: Underwrite aviation risks and build strong relationships with clients and brokers.
- Company: Join Sompo, a global leader in insurance with a focus on innovation.
- Benefits: Enjoy health benefits, retirement plans, and global parental leave.
- Why this job: Make an impact in the aviation industry while developing your career.
- Qualifications: 5+ years of underwriting experience and strong analytical skills.
- Other info: Dynamic work environment with opportunities for growth and collaboration.
The predicted salary is between 36000 - 60000 £ per year.
Overview
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.
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.
- Monitor Industry and specific Account trends.
- Implement 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 traits 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
About Us
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 us, visit our website at www.sompo-intl.com
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Aviation Underwriter employer: Sompo
Contact Detail:
Sompo Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Aviation Underwriter
✨Network Like a Pro
Get out there and connect with people in the aviation industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Off Your Expertise
When you get the chance to chat with potential employers or brokers, make sure to highlight your underwriting experience and knowledge of aviation risks. Share specific examples of how you've tackled challenges in the past to really impress them!
✨Be Ready for the Interview
Prepare for interviews by researching the company and understanding their approach to aviation underwriting. Think about how your skills align with their needs and be ready to discuss how you can contribute to their success.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Sompo.
We think you need these skills to ace Aviation Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Aviation Underwriter role. Highlight your relevant experience and skills that match the job description. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about aviation underwriting and how you can contribute to our team. Keep it engaging and personal, so we get a sense of who you are.
Showcase Your Skills: Don’t forget to highlight your analytical abilities and attention to detail in your application. We’re looking for someone who can navigate complex challenges, so give us examples of how you've done this in the past!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the info you need about the role and our company there!
How to prepare for a job interview at Sompo
✨Know Your Aviation Stuff
Make sure you brush up on your aviation underwriting knowledge. Understand the key risks associated with airlines, aerospace, and general aviation. Being able to discuss specific trends and challenges in the industry will show that you're not just familiar with the basics but are genuinely engaged with the field.
✨Build Rapport with Brokers
Since relationship management is crucial for this role, think about how you can demonstrate your interpersonal skills during the interview. Prepare examples of how you've successfully built and maintained relationships with brokers or clients in the past. This will highlight your ability to foster long-term partnerships.
✨Showcase Your Analytical Skills
Be ready to discuss how you approach problem-solving and decision-making in underwriting scenarios. Bring examples of how your analytical abilities have helped you assess risks and make informed decisions. This will illustrate your critical thinking skills and attention to detail.
✨Demonstrate Flexibility and Adaptability
The aviation industry can be fast-paced and ever-changing. Prepare to talk about times when you've had to adapt to new information or changing business requirements. Showing that you can thrive under pressure and adjust your strategies accordingly will set you apart as a candidate.
