Senior Financial Institutions Underwriter

TN United Kingdom; London; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a Senior Financial Institutions Underwriter to join their dynamic team in London. This role offers the opportunity to work with a market-leading insurer, focusing on underwriting various financial products. The ideal candidate will have extensive experience in Financial Institutions insurance, strong communication skills, and a passion for business growth. With a commitment to employee development, the company provides generous benefits, including a competitive salary, bonus opportunities, and a supportive work environment that values inclusivity and flexibility. Join a team that invests in your future and fosters both personal and professional growth.

Benefits

Generous pension scheme

29 days holiday plus bank holidays

Discounts on Aviva products

Free Aviva shares

Supportive policies including parental leave

Flexible benefits

Paid volunteering days

Wellbeing support

Qualifications

• In-depth knowledge of Financial Institutions and related insurance products.
• Experience in structuring complex insurance programs.

Responsibilities

• Underwrite Financial Institutions insurance lines and manage renewals.
• Liaise with brokers and clients to achieve business objectives.

Skills

Financial Institutions Insurance

Directors and Officers Insurance

Professional Indemnity

Communication Skills

Time Management

Education

Degree in Finance or related field

Job description

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Senior Financial Institutions Underwriter, London

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Client:

Aviva

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

adc8a63ef8e8

Job Views:

3

Posted:

02.05.2025

Expiry Date:

16.06.2025

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Job Description:

Senior Financial Institutions Underwriter

Are you a Senior Financial Institutions Underwriter or a Financial Institutions Underwriter looking for your next step up?

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

We are recruiting for a Senior Financial Institutions Underwriter to join our GCS team in London!

This position will suit a motivated and professional individual who is keen to progress their career within a market leading insurer.

A bit about the job:

The successful individual will be underwriting Financial Institutions insurance lines, such as Directors and Officers Insurance, Financial Institutions Crime and Bankers Blanket Bonds, Financial Institutions Professional Indemnity and Employment Practices Liability insurance, which are the main products in the Financial Institutions insurance suite.

Within this role, you will be responsible for underwriting renewals and new business in line with Global Corporate and Specialty (GCS) strategy, and in line with agreed delegated underwriting authority limits. You will be confident when conversing with stakeholders both internally and externally to deliver business objectives.

You will liaise with key stakeholders from our broker panel, along with leading technical conversations with our clients – so strong communication skills and time management will be important to this role.

You will also take part (in conjunction with the U/W Manager and Head of FI) in the training, education and development of team members.

Skills and experience we’re looking for:

In-depth knowledge of Financial Institutions and related products, such as Directors and Officers Insurance, Financial Institutions Crime and Bankers Blanket Bonds, Financial Institutions Professional Indemnity and Pension Trustee Liability, Public Offering of Securities insurance and Employment Practices Liability insurance (policies & cover)

Competent in the structuring and placement of complex insurance programs and tailored wordings for niche and larger risks

Be interested in business and the macro-economic environment

Build and maintain positive relationships with brokers, agents, and clients to drive business growth

Experience training, mentoring and guiding members of staff

What you’ll get for this role:

Our purpose - with you today, for a better tomorrow – is a promise we make to our colleagues too. And one of the ways we live up to that promise is by investing in you. We have so much to offer when it comes to being an Aviva colleague.

Salary competitive, 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

Take a look to learn more. Put a salary into this calculator to see what your total Aviva Reward could be.

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.