Aircraft Underwriter
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Job Location:
Farnborough - UK
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
About JSSI
Founded in 1989 and headquartered in Chicago Jet Support Services Inc. (JSSI) is the largest independent provider of hourly cost maintenance programs for business aviation. JSSI delivers comprehensive coverage for engines airframes and auxiliary power units (APUs) across more than 300 different aircraft makes and models helping owners and operators stabilize maintenance budgets maximize aircraft availability and protect asset value throughout the lifecycle of ownership.JSSI has built a portfolio of complementary business lines designed to simplify the economic and technical complexity of business aviation; these include Maintenance teams Traxxall maintenance tracking software Parts & Engines Conklin aircraft cost and performance data and Aviation Capital asset-based financing solutions. Together these offerings support owners operators and maintenance providers with integrated tools spanning ownership and maintenance planning execution and financial management.With more than 6500 aircraft supported through programs and software platforms JSSI leverages its unique independence unmatched scale and data-driven insight to deliver customized solutions and support models aligned to the interests of each client regardless of aircraft platform. JSSI is backed by leading institutional investors GTCR Genstar Capital and Blackstone. Learn more at .
Position Summary:
The Aircraft Underwriters primary role is to review and underwrite contracts for the JSSI HCM programs along with providing financial models for the life of an assets contract term. The Aircraft Underwriter will review cost assumptions and provide reports on how contracts are performing against the underwritten assumptions. The position is required to provide cross functional support for Asset Management with pricing modeling and projects as necessary.
Essential Duties and Responsibilities:
- Collect cost data from functional representatives contractors and vendors
- Compute cost estimates of material procurement repair replenishment and transportation
- Provide detailed profit and loss estimates
- Create cost models for cost estimating elements
- Prepare cost reports and present findings to management
- Utilize cost data to construct profitable pricing models
- Provide on-going reporting to the Director of Pricing in support of price revisions and updating as required
- Research and underwrite aircraft rates for new transfer and renewal contracts
- Maintain the database used for airframe and engine rate calculations
- Research cost comparisons actual vs data base pricing
- Provide technical support to support to the Client Services and Sales Staff with regards to inspection programs and rates
- Communicate changes to inspection requirements to the Technical Services field reps
- Research Service Bulletin and Airworthiness Directives as required
- Assist with cost analysis studies and research projects
Desired Credentials:
- Bachelors Degree (Aviation or Finance Related)
- 2-3 years aviation technical experience
- Knowledge of aircraft maintenance and logistics
- Working knowledge of aircraft inspection requirements
- Experience with maintenance planning and forecasting is a plus
- Maintenance Controller experience a plus
- Ability to ensure a factual audit trail is established for all pricing efforts supporting contract proposals
- A & P license a plus
- Experience with pricing and cost modeling is a strong plus
- Strong interpersonal and communications skills to deal with the public and aviation industry professionals
- Ability to read and write articulately and analytically
- Clear understanding of relevant technical skills
- Ability to work well under pressure
- Proficient in Excel
At JSSI we are committed to rewarding our team members with competitive and comprehensive compensation packages that reflect their contributions and talent.
For this role the annual base pay generally ranges from $75000 to $83000 (USD) with the final offer determined by variable factors including but not limited to market location job-specific knowledge skills education and addition your total rewards package may include an annual discretionary bonus plan incentive or sales bonus plan or other form of additional compensation based on your role.
Additionally for full-time employees based in the USA Canada or the Philippines we are proud to offer a robust suite of benefits. This ranges from insurance offerings such as medical dental vision retirement savings programs among others starting day one of employment. For a full overview of our offerings visit the JSSI Benefits Page on our company website.
JSSI is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion sex national origin disability protected veteran status or other characteristic protected by law.
JSSI does not accept unsolicited resumes from individual recruiters or third-party recruiting agencies in response to job postings. No fee will be paid to third parties who submit unsolicited candidates directly to our hiring managers or Recruiting Team.
Key Skills
- Loan Processing
- Computer Skills
- Fraud
- Math
- Banking
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Underwriting
- Financial Analysis
- negotiation
- Phone Etiquette
About Company
Jet Support Services, Inc. (JSSI), is the leading independent provider of aircraft maintenance support and financial services in business aviation.
