Financial Lines (FL) is made up of 7 lines of business; Crime, Professional Indemnity (PI), Financial Institutions (FI), Management Liability (ML), Mergers & Acquisitions (M&A), Surety and Legal Indemnities (LI). The underwriters are based in London for international broker business, and across the UK for regional FL business. The portfolio has experience significant growth over the past 2 years and is now positioned as having a significant market presence and strong reputation.
As the FL proposition grows, our FL underwriters need full support on wording/contract negotiations and to develop Aviva branded wordings. Additionally, we need regulatory and legal research to ensure we have addressed local issues in our underwriting process.
We believe this to be a phenomenal and integral role in our team to work on impactful new offerings to our clients. There will be autonomy in the position that will grow as Aviva does with influence on the output of and engagement with a spectrum of senior teams in the company to make Aviva more relevant.
The role's duties & responsibilities:
With FL being a growing portfolio within GCS, and we have reached a critical mass where legal support for wording, regulatory and local jurisdictional insights are required to ensure our underwriters are fully supported in their risk selection and negotiations.
In addition to supporting broker wording negotiations, we will look to produce a number of Aviva branded wordings across all lines of business and this project will be led by legal counsel.
As a senior commercial lawyer, the role supports all levels of FL with legal advice and will be responsible for negotiating and drafting commercial agreements and policy wordings, researching various regulatory and legal jurisdictions to supporting the business to grow outside the UK.
The role would also be responsible for internal legal discussions, linking up with various teams with Aviva to support the business overall.
We're looking for robust commercial experience in:
- Legal experience in wording and drafting financial lines contracts
- Contract negotiation with exemplary communication and interpersonal skills
- A track record of collaboration across a range of internal teams and multiple senior stakeholders
What will you get for this role?
- A competitive salary depending on skills, experience and qualifications
- Generous defined contribution pension scheme
- Annual performance related bonus and pay review
- Holiday allowance of 29 days plus bank holidays and the option to buy/sell up to 5 additional days
- Up to 40% discount for some Aviva products through "My Aviva Extras" plus discounts for Friends and Family (some exclusions apply)
- Excellent range of flexible benefits to include a matching share save scheme
Working at Aviva
At Aviva, we're people with a purpose. To be with you today, for a better tomorrow.
We bring this to life by ensuring managing risk is at the heart of the way we all work. We love people who do the right thing for our customers, and our colleagues. We want people who speak up, who take ownership, and who make good decisions.
The way we do this is important too, we're all about our people - that's you - so we can be pretty flexible. If you want to work from home some of the time or change your hours so you can pick up your kids or care for someone in your family, we're very open to that. In fact, we don't advertise roles as either part or full time, because we know each person has different needs, just as each business area has different needs. So, it's up to you to discuss working hours during your interview.
We care deeply about being inclusive and that means we encourage applications from people with diverse backgrounds and experiences. We want our employees to bring their whole self to work and that starts with you.
We interview every disabled applicant* that meets the minimum criteria for the job. Once you've applied, please send us a separate email stating that you have a disclosed disability and we'll make sure we interview you.
We'd love it if you could submit your application online. If you require an alternative method of applying, please give Daniel Hopchet a call on 0121 234 7625 or send an email to Daniel.Hopchet@Aviva.com .
*As defined in The Equality Act 2010*. By 'minimum criteria' we mean you should provide us with evidence which demonstrates that you generally meet the level of competence required and have the qualifications, skills or experience defined as essential to perform the role.