Head of Aviation Underwriting

Key Responsibilities:

Strategic Leadership:

. Develop and implement the overall strategy for the Aviation LOB in the APAC Region, aligning with the company's broader objectives.

. Identify growth opportunities and emerging risks in the aviation industry to expand market presence.

. Lead the division in responding to market trends, regulatory changes, and competitive pressures.

Portfolio Management:

. Manage the aviation insurance portfolio, ensuring profitability and adherence to underwriting standards.

. Review and implement pricing models, underwriting guidelines, and risk selection frameworks for aviation risks relevant to the APAC Region

. Monitor portfolio performance and recommend adjustments to improve results while balancing risk exposure.

Business Development:

. Build and maintain strong relationships with brokers, clients, and industry stakeholders to drive new business opportunities.

. Represent Sompo at industry events, conferences, and forums to strengthen brand presence in the aviation sector.

. Collaborate with sales and marketing teams to develop targeted campaigns and initiatives for aviation insurance.

Team Leadership:

. Lead, mentor, and develop a high-performing team of underwriters and aviation insurance professionals.

. Foster a culture of collaboration, innovation, and continuous improvement within the division.

. Provide training and development opportunities to ensure the team stays ahead of industry developments.

Operational Excellence:

. Ensure compliance with internal underwriting guidelines, regulatory requirements, and corporate policies.

. Oversee claims handling processes to ensure prompt and fair resolution of aviation-related claims.

. Drive efficiencies in processes, leveraging technology and data analytics to improve decision-making and operational performance.

Innovation and Risk Management:

. Explore innovative insurance solutions, such as parametric policies and digital products, tailored to aviation clients.

. Conduct risk assessments for new and emerging aviation trends (e.g., drones, urban air mobility).

. Collaborate with actuarial and risk management teams to model complex aviation risks.

Qualifications and Skills:

Education and Experience:

. Bachelor's degree in Insurance, Business Administration, Aviation Management, or a related field. Advanced degree preferred.

. Minimum 10+ years of experience in aviation insurance underwriting, broking, or management roles.

. Demonstrated success in managing large-scale portfolios and delivering profitable growth.

Technical Skills:

. In-depth knowledge of aviation insurance products, underwriting practices, and risk assessment methodologies.

. Familiarity with global aviation regulations, industry standards, and market dynamics.

. Strong analytical skills with the ability to interpret complex data and make informed decisions.

Leadership and Interpersonal Skills:

. Exceptional leadership capabilities with experience managing cross-functional teams.

. Excellent communication and negotiation skills to engage with clients, brokers, and stakeholders.

. Strategic thinker with a proactive approach to solving challenges and identifying opportunities.