Deputy Class Underwriter - Aviation War

Westfield Specialty; City Of London; On-site; GBP 60,000 - 90,000; Full time

Job summary

A leading global insurance firm in the UK is looking for an experienced Underwriter to manage Aviation War business. Candidates should have at least 7 years of experience in the aviation market, excellent communication skills, and strong analytical abilities. This role demands a results-driven individual who can effectively build relationships with clients and stakeholders while adapting to market changes. Competitive benefits included.

Qualifications

• Minimum of 7 years in the Aviation market.
• Active interest in global current affairs, politics, and financial markets.
• Good IT skills including intermediate Excel.

Responsibilities

• Underwrite Aviation War business in accordance with the business plan.
• Monitor KPIs and exposures.
• Liaise with brokers and develop relationships.

Skills

Comprehensive understanding and experience of underwriting Aviation War

Results driven

Strong team player

Excellent communication skills

Analytical skills

Judgement / Decision-making skills

Tools

Intermediate Excel

Job description

About Us

Founded in 1848, Westfield is a global leader in property and casualty insurance, delivering superior risk insights and innovative solutions to customers through a diverse portfolio of insurance products. Westfield underwrites commercial, personal, surety, and specialty lines of coverage through a network of leading independent agents and brokers in the United States and specialty products through Lloyd’s of London Syndicate 1200. As a mutual insurance company with more than 3,000 employees, Westfield has revenues in excess of $4 billion and more than $10 billion in assets.

Key Accountabilities:

• Underwrite Aviation War business in accordance with the business plan and within terms of underwriting authority.
• Monitor KPIs and exposures
• Actively participate in peer review
• Liaise with brokers, develop and strengthen relationships, attend client presentations.
• Aid in the development of UWAs and UWRs
• Work with the Class Underwriter to develop strategy and new business opportunities.

Skills & Competencies Required:

• Comprehensive understanding and experience of underwriting Aviation War
• Results driven with ability to make own decisions and work on own initiative
• Adaptable and resilient to changes in market conditions and business requirements
• Strong team player with the ability to build strong relationships quickly
• Excellent communication skills – ability to communicate clearly with internal stakeholders and external clients and brokers at all levels, both verbally and in writing.
• Administrative skills – highly organised and able to prioritise tasks effectively. Applicants should have excellent attention to detail and an ability to meet deadlines.
• Presentation skills – ability to present to clients, brokers, reinsurers and other stakeholders.
• Analytical skills – numerically literate and able to analyse basic financial and economic data.
• Compliance – ability to ensure compliance with all management and regulatory controls.
• Judgement / Decision-making skills – ability to approach problems logically and rationally and evaluate quantitative and qualitative data to make measured risk decisions.
• Relationship building – ability and confidence to establish and maintain excellent relationships with external stakeholders (such as brokers, clients, and reinsurers) in a client-facing role.

Qualifications & Experience:

• Minimum of 7 years in the Aviation market
• Active interest in global current affairs, politics, and financial markets.
• Good IT skills – including intermediate Excel

This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management. #wspi