General Aviation Underwriter

Sompo International; London; On-site; GBP 70,000 - 100,000; Full time

Job summary

Sompo International is seeking a Senior Underwriter for their General Aviation team in London. The role involves developing strategies, managing client relationships, and overseeing underwriting processes in a collaborative environment. Ideal candidates will have over 10 years of experience in the industry and a strong understanding of aviation underwriting.

Benefits

Expansive Health & Wellness Benefits

Generous Retirement & Savings Plans

Global Parental Leave & Adoption Assistance

Qualifications

• 10+ years of underwriting/industry experience.
• Experience in General Aviation underwriting.
• Strong technical knowledge of industry specifics and policy wording.

Responsibilities

• Develop and execute General Aviation strategy.
• Responsible for delivering sustainable growth in General Aviation portfolio.
• Negotiate contracts and maintain client relationships.

Skills

Underwriting

Client Relationship Management

Risk Assessment

Technical Knowledge

Job description

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.

Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for a Senior Underwriter, General Aviation, in our Aviation team based within the 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.

Our business, your impact, our opportunity:

What you’ll be doing:

• Develop and execute General Aviation strategy for London Wholesale in conjunction with the wider General Aviation portfolio
• Responsible for delivering sustainable growth within the General Aviation Wholesale portfolio and increasing Sompo London team’s footprint in this area
• Utilizing strong industry and market knowledge to underwrite effectively
• Utilizing current relationships and fostering new ones between clients and brokers
• Perform contract negotiation, attending client meetings and travel for client visits
• Understand and operate within parameters defined by LOAs and Reinsurance programme
• Responsible for overseeing the timely issuance of documentation and record keeping, enabling accurate monthly reporting
• Work within an established, well respected and dynamic team contributing to the underlying ethos of continuous improvement to deliver value to our partners and shareholders alike
• Effectively interact, communicate and negotiate with all levels of external and/or internal business partners (such as Distribution, Claims, Operations, Finance)
• Representing Sompo externally at the highest level including marketing efforts with clients and brokering partners, in commercial negotiations, participation in industry forums and other external drives to raise Sompo International’s profile within the marketplace

What you’ll bring:

• 10+ years of underwriting/industry experience
• Experience in working, producing and underwriting business within the General Aviation sub class
• Good technical knowledge of both industry specifics and policy wordings
• Experience in developing and formalizing underwriting strategy
• Excellent relationships with General Aviation Wholesale brokers
• Enthusiasm and energy to deliver 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

In today’s world, what do we stand for?

We strive to create exceptional value for our clients and shareholders while maintaining Sompo as an attractive place to work. We foster an environment of ongoing, open dialogue between managers and their direct reports, and believe in an organizational environment where everyone belongs. We proudly are a multi-racial, multi-cultural, global enterprise. We reject all forms of racism, bigotry, prejudice and injustice and continue to invest in building out an inclusive and diverse work environment.

About Us

Expert Partners.
Clarity in complexity.
Unwavering commitment.

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 visit our website at www.sompo-intl.com