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Lloyds Construction Underwriting Manager

Aviva

London

Hybrid

GBP 60,000 - 100,000

Full time

26 days ago

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Job summary

An established industry player is seeking a Lloyds Construction Underwriting Manager to lead their underwriting team. This role involves managing a profitable construction book, engaging with brokers, and mentoring junior underwriters. The successful candidate will play a key role in developing strategies for expanding the Lloyds proposition while navigating a large insurance organization. This position offers a competitive salary, generous pension contributions, and a variety of perks to support your wellbeing and career growth. Join a company that values inclusivity and flexibility, making a significant impact in the construction insurance market.

Benefits

Competitive salary
12% bonus opportunity
Generous pension scheme
29 days holiday plus bank holidays
Up to 40% discount on Aviva products
Up to £1,200 of free Aviva shares
Supportive policies including parental leave
Flexible benefits including sustainability options
Paid volunteering days
Wellbeing support and tools

Qualifications

  • Proven track record in underwriting international and UK risks.
  • Strong experience in technical underwriting and pricing.

Responsibilities

  • Engage with brokers and clients to drive growth strategy.
  • Train and mentor junior underwriting staff.

Skills

Lloyd's Construction underwriting
Negotiation skills
Analytical skills
Team leadership
IT skills

Education

Relevant insurance qualifications

Job description

Lloyds Construction Underwriting Manager

Salary: Competitive


Are you someone who is passionate about the construction insurance market, has a broad and varied background, and are happy to share your knowledge and mentor Junior Underwriters?


Then look no further we have just the role for you!

Aviva are looking to bring on board a Lloyds Construction Underwriting Manager to join their team!

A bit about the job:

Aviva Construction is embarking on a long-term strategy to expand its construction business, capitalising on both favourable near-term market trends and conditions and long-term opportunities. The successful candidate will need a proven track record in underwriting both international and UK risks within the Lloyds marketplace. The candidate will possess strong experience and credentials in technical underwriting and pricing of construction risks, as well as a strong reputation in a market-facing role: for effective management, communication, and negotiation with brokers and clients. They will also support the development of strategy with the Head of Construction for expanding the Lloyds proposition.

The candidate will also have experience and be comfortable navigating a large insurance organization, including effective interaction with Risk Engineers, Claims Specialists, Client and Broker Relationship Managers, Operations and Administration, and Finance.

As an Underwriting Manager, you will be involved in market engagement, including interaction with producers, clients, and Aviva’s peers in the marketplace. This includes both the London Market and international markets. You will have a role in driving a disciplined growth strategy, including portfolio steering and development of business acquisition channels. You will also exercise key responsibilities for the training and development of junior underwriting staff, and to deliver thought leadership in the marketplace.

Aviva operates a “smart working” policy meaning that we spend approximately half of our time working in an office, and this role is based in London .

Skills and experience we’re looking for:

  • Experience of writing a profitable Lloyd’s Construction book – ideally both open market & cover holders on a worldwide basis established broker network
  • Confident and articulate – needs to be comfortable engaging with brokers and undertaking negotiations, proactively representing Aviva to the market
  • Analytical/strategic – be able to review submissions and understand Aviva’s appetite whilst considering market conditions
  • Team player but self-motivated and willing to train/mentor junior members of the team as well as having competent IT skills

What you’ll get for this role:

  • Competitive Salary, depending on location, skills, experience, and qualifications
  • Bonus opportunity - 12% of annual salary actual amount depends on your performance and Aviva’s.
  • Generous pension scheme - Aviva will contribute up to 14%, depending on what you put in.
  • 29 days holiday plus bank holidays, and you can choose to buy or sell up to 5 days
  • Make your money go further - Up to 40% discount on Aviva products, and other retailer discounts
  • Up to £1,200 of free Aviva shares per year through our Matching Share Plan and share in the success of Aviva with our Save As You Earn scheme
  • Brilliantly supportive policies including parental and carer’s leave
  • Flexible benefits to suit you, including sustainability options such as cycle to work
  • Make a difference, be part of our Aviva Communities and use your 3 paid volunteering days to help others
  • We take your wellbeing seriously with lots of support and tools

Aviva is for everyone:

We’re inclusive and welcome everyone – we want applications from all backgrounds and experiences. Excited but not sure you tick every box? Even if you don’t, we would still encourage you to apply. We also consider all forms of flexible working, including part time and job shares.

We flex locations, hours and working patterns to suit our customers, business, and you. Most of our people are smart working – spending around 50% of their time in our offices every week - combining the benefits of flexibility, with time together with colleagues.

To find out more about working at Aviva take a look here

We interview every disabled applicant who meets the minimum criteria for the job. Once you’ve applied, please send us an email stating that you have a disclosed disability, and we’ll interview you.

We’d love it if you could submit your application online. If you require an alternative method of applying, please give Daisy Holmes a call on 07436 672007 or send an email to daisy.holmes1@aviva.com .

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