Assistant Underwriter: Aviation

Liberty Specialty Markets; London; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading global insurer seeks an Assistant Underwriter to join their Aviation team in London. The role involves maintaining broker relationships, assisting with renewals, and developing new business opportunities. Ideal for candidates looking to enhance their underwriting skills in a supportive environment.

Qualifications

• Knowledge of Aviation insurance is desirable but not mandatory.
• Intermediate proficiency in Excel and relevant software.

Responsibilities

• Support the execution of the annual business plan development.
• Maintain and develop broker relationships.
• Assist with quoting, reviewing renewals, and new business.

Skills

Understanding of insurance practices

Strong organizational skills

Good interpersonal skills

High numeracy skills

High literacy skills

Tools

Excel

Job description

Country: United Kingdom of Great Britain and Northern Ireland

Creation Date: 09-May-2025

Employment Type: Permanent, Full time

Ref #: 1234571546

Description & Requirements

Role Title: Assistant Underwriter

Department: Aviation

Location: London

About the Role:

This role is for an Assistant Underwriter to join our market-leading Aviation team. The candidate will maintain relationships with brokers, clients, and business partners to manage a renewal portfolio and help develop new business opportunities.

This position offers an opportunity to develop and enhance technical underwriting skills with support from the Aviation team and the internal Learning and Development department.

About the Department & Team:

Our experienced London-based Aviation teams offer Aviation All Risks and Aviation War insurance products on both direct and facultative reinsurance bases. General Excess of Loss and Quota Share are written in our Aviation Treaty RI Division. We provide global coverage for risks including passenger and cargo airlines, commercial helicopters, and business jets. Our classes of business include: Airlines, General Aviation, Contingent All Risks, Airport and Products, Aircraft Spares, Confiscation by Government of Registry, and Excess Third-Party War Liabilities.

Key Responsibilities:

• Support the execution of the annual business plan development in accordance with risk tolerances.
• Maintain and develop broker relationships.
• Assist with quoting, reviewing renewals, and new business.
• Act as a conduit between underwriters and underwriting assistants.
• Utilize rating tools and portals for data capture, analyze data, and provide insights to the underwriting team.
• Participate in meetings to share strategy, knowledge, and best practices.
• Contribute ideas to support business development and strategy.
• Develop knowledge of market dynamics and cycles.
• Support analysis of data to identify opportunities and trends.
• Process entries accurately onto relevant systems, ensuring data accuracy related to underwriting and exposures.
• Comply with regulatory requirements and demonstrate behaviors aligned with Conduct Risk Policy, including understanding responsibilities related to regulations such as Senior Managers and Certification Regime, Solvency II, and others.

Skills and Experience:

• Understanding of insurance practices focused on the London market.
• Knowledge of Aviation insurance is desirable but not mandatory.
• Strong organizational and prioritization skills.
• Intermediate proficiency in Excel and relevant software.
• High numeracy and literacy skills.
• Good interpersonal and communication skills.
• Knowledge of legal and regulatory requirements.

About Liberty Specialty Markets (LSM):

Part of Global Risk Solutions and Liberty Mutual Insurance Group, LSM is a leading global insurer offering a broad range of insurance and reinsurance services. We value our people, promoting diversity, inclusion, collaboration, and work-life balance. We are committed to a vibrant, inclusive environment and career development opportunities.