Underwriting Manager - Terrorism

Aon Hewitt; London; Hybrid; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a Global Terrorism expert to lead a dynamic underwriting team in a hybrid working environment. This role offers the chance to influence and shape strategies within the Global Terrorism underwriting team while collaborating with Lloyds carriers and the Global Broking team. You will be responsible for managing aggregates and exposures, ensuring compliance, and fostering strong relationships with clients and stakeholders. If you are passionate about making impactful decisions and thrive in a fast-paced setting, this opportunity is perfect for you.

Benefits

Global Wellbeing Days

Comprehensive benefits package

Flexible working solutions

Continuous learning culture

Qualifications

• Experience in WTPV/Terrorism or International Property in the London Insurance Market.
• Strong technical underwriting and negotiation skills.

Responsibilities

• Lead the underwriting team and manage aggregates, exposures, and limits.
• Build relationships with carriers and brokers for optimal client outcomes.
• Ensure compliance with delegated authority and service standards.

Skills

WTPV/Terrorism experience

Technical Underwriting

MGA business knowledge

Influencing skills

Problem-solving skills

Analytical skills

Interpersonal skills

Commercial acumen

Negotiation skills

Leadership values

Job description

Underwriting Manager-Global Terrorism

Are you a Global Terrorism expert?

Are you ready to take your career to the next level?

With the flexibility of hybrid working, both home based and from our Chelmsford or London offices, this exciting role gives the opportunity to lead an already successful team, working collaboratively with both the GBC and carriers for continued year on year growth!

Aon is in the business of better decisions

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.

What the day will look like

• Underwriting Leader for Aon’s US and Global War, Terrorism and Political Violence Delegated Authorities. Be responsible for the management of aggregates, exposures and limits in line with the delegated contracts.
• Responsible for the management of referrals for in scope products.
• Work with the Global Broking Centre Crisis Management Leadership in the ongoing development and improvement of the facilities.
• Lead on financial planning and reporting for the facilities as part of a Divisional Process.
• Lead and manage the underwriting team including development programs.
• Establish strong working relationships with carriers and brokers to ensure best client outcomes.
• Contribute to the development of the strategy of the Wholesale Underwriting division.
• Contribute to the development of Aon Underwriting Managers as part of the AUM Managers’ forum.
• Provide guidance and training on technical underwriting issues to any direct reports.
• Ensuring that individual risks are bound promptly and in accordance with the delegated underwriting authority.
• Recording of risks on the Policy Administration System in an accurate and timely fashion.
• Meeting agreed service standards to bind risks and ensure that the relevant policies are accurate and issued within agreed timescales.
• Ensuring full compliance with the Delegated Authority from insurers.
• Building an excellent working relationship with the GBC teams.
• Building excellent working relationships with supporting insurers.
• Participate in regular insurer meetings to review progress of the facility.
• Work with Insurers to deliver the underwriting strategy, to understand Insurers’ risk appetite and expectations.
• Maintain a high level of technical knowledge and input into technical and commercial market intelligence.

How this opportunity is different

This is a rare and exciting role bringing influence and leadership to our Global Terrorism underwriting Team who have varying levels of expertise. Working in a fast-paced environment, collaborating with both Lloyds carriers and the Global Broking team, this opportunity serves a wide portfolio with possibilities of large expansion.

Skills and experience that will lead to success

• Previous WTPV/Terrorism or International Property experience in the London Insurance Market.
• Track record in technical Underwriting.
• Understands the mechanics of running an MGA business.
• Well-developed influencing skills and the ability to achieve success through others.
• Self-disciplined and organised.
• Excellent problem-solving skills, analytical and numerical skills.
• Proven interpersonal skills, capable of dealing with domestic and international clients, business stakeholders and external bodies.
• Commercial acumen and negotiation skills of the highest order.
• Able to motivate and inspire team to achieve success.
• Upholds and demonstrates leadership values.
• Well-developed knowledge of FSA requirements and standards.
• Enthusiastic team player with the ability to build and develop positive relationships and capable of negotiating reasons for change / plans to a diverse range of internal and external stakeholders.
• Able to establish and maintain relationships with brokers and carriers.
• Excellent communication skills, both written and oral.

How we support our colleagues

In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.

We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email [e-mail]

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