At a Glance
- Tasks: Lead Financial Institutions Underwriting, manage teams, and develop innovative insurance products.
- Company: Join AIG, a global leader in insurance with a commitment to innovation and community support.
- Benefits: Enjoy comprehensive benefits, flexible work arrangements, and opportunities for professional development.
- Why this job: Make a real impact in a diverse culture that values your unique talents and perspectives.
- Qualifications: London Market experience and knowledge of FI products preferred; advanced qualifications are a plus.
- Other info: AIG promotes a culture of inclusion and offers reasonable accommodations for applicants with disabilities.
The predicted salary is between 43200 - 72000 £ per year.
Join us as Head of Financial Institutions Underwriting to make a bigger business impact with your skills and wider talents. At Talbot, we are reimagining the way we help customers to manage risk. It’s an opportunity to grow your skills and experience as a valued member of the team.
With offices in the U.S., London and Asia Pacific, Talbot is the managing agent of Syndicate 1183 at Lloyd’s. Syndicate 1183 underwrites a number of classes of business including war and terrorism, energy, marine, financial lines, cyber, transport, political risk, crisis management, kidnap & ransom, contingency, property and treaty reinsurance. Through its expert team of underwriters and a balanced, geographically-diverse portfolio of business, Talbot has earned a reputation as an industry-leading insurance and reinsurance specialist.
How you will create an impact:
- Comply with the terms of personal underwriting authority.
- Work with the Head of Financial Lines in managing the achievement of the business plan, including identifying material deviations.
- Implement marketing plans, including opportunities for cross-selling and developing new products.
- Assist in the reinsurance purchasing strategy for the Financial Institutions portfolio.
- Ensure that the Financial Institutions Underwriting Guidelines are reviewed and updated at least annually.
- Ensure underwriters with FI authority underwrite in accordance with personal underwriting authority.
- Ensure that FI business is conducted, processed and administered in accordance with the prevailing applicable policies, procedures and agreed service levels.
- Manage performance of direct reports and embedded underwriting support resource.
- Report to the relevant Talbot management committees.
- Facilitate career development and progression of FI team members.
- Act in accordance with all regulatory standards and principles at all times.
- Provide information and assistance as needed to ensure that other syndicate staff can carry out their responsibilities.
What you’ll need to succeed:
- London Market experience preferred.
- Detailed knowledge of FI products.
- Chartered Insurance Institute (Advanced Diploma) and/or degree preferred.
Ready to take your career to the next level? We would love to hear from you.
Enjoy benefits that take care of what matters:
At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.
Welcome to a culture of belonging:
We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). The diversity of our people is one of AIG’s greatest assets, and we are honoured that our drive for positive change has been recognised by numerous recent awards and accreditations.
AIG provides equal opportunity to all qualified individuals regardless of race, colour, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.
Contact Detail:
American International Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of FI Underwriting
✨Tip Number 1
Familiarise yourself with the latest trends and developments in Financial Institutions underwriting. This will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the London Market, especially those who have experience in FI products. Attend industry events or join relevant online forums to connect with potential colleagues and gain insights into the company culture at Talbot.
✨Tip Number 3
Prepare to discuss your leadership style and how you would facilitate career development for your team. Talbot values growth and progression, so showcasing your ability to mentor and develop others will set you apart.
✨Tip Number 4
Research Talbot's recent projects and initiatives in the insurance sector. Being able to reference specific examples during your discussions will show your genuine interest in the company and its mission.
We think you need these skills to ace Head of FI Underwriting
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Head of Financial Institutions Underwriting position. Tailor your application to highlight relevant experience and skills that align with the job description.
Highlight Relevant Experience: In your CV and cover letter, emphasise your London Market experience and detailed knowledge of FI products. Use specific examples from your past roles to demonstrate how your expertise can contribute to Talbot's goals.
Craft a Compelling Cover Letter: Write a personalised cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role and the company. Mention how you can help Talbot in their mission to reimagine risk management.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial for this leadership role.
How to prepare for a job interview at American International Group
✨Showcase Your London Market Experience
Make sure to highlight your experience in the London Market during the interview. Discuss specific examples of how you've navigated this environment and any relevant successes you've had, as this is a key requirement for the role.
✨Demonstrate Knowledge of FI Products
Prepare to discuss your detailed knowledge of Financial Institutions products. Be ready to explain how these products work and how you have successfully managed or underwritten them in the past.
✨Emphasise Leadership Skills
As the Head of FI Underwriting, you'll be managing a team. Share your experiences in leading teams, facilitating career development, and how you've supported your direct reports in achieving their goals.
✨Align with Company Values
Familiarise yourself with Talbot's commitment to diversity, inclusion, and continuous learning. Be prepared to discuss how your personal values align with theirs and how you can contribute to fostering a culture of belonging within the team.