Senior Underwriter – SME Property

Job Description

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Portfolio Underwriter to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Underwriting

AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals.

We are reimagining how we help customers to manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.

Purpose of the role:

To join a business seeking major expansion and growth into the UK SME segment and underwrite across multi-line package & combined business. Our products cater for shops & salons, leisure and catering, manufacturing & wholesale, property owners, offices, surgeries and commercial combined.

This role will report into the Head of Package and CUO for UK SME and will be an important contributor towards AIG’s ambition to be a leading insurer in this segment.

The role will work across multi distribution portfolios including those traded via MGA’s, Delegated authority brokers, schemes and e-trade platforms. We seek someone who has strong Property and Casualty technical expertise in this segment but who also can develop and grow key broker partner relationships and who can contribute towards product design, underwriting appetite and e-traded rules sets.

How you\’ll make an impact:

• Handle the larger and more complex referrals from our delegated authority partners.
• Act as an internal referral point for technical referrals from the underwriting team.
• Monitor portfolio performance of facilities/schemes/DUA’s assessing both performance against budget, underwriting results and loss trends.
• Support the development of new products and/or product enhancements to drive profitable growth. Specifically supporting work to develop our e-trade appetite, risk selection and acceptance rules.
• Become a subject matter expert on the Acturis trading platform and support product development initiatives.
• Conduct regular business reviews with key broker partners and manage external business relationships to achieve desired performance metrics.
• Consider current, emerging and horizon risk topics and develop underwriting guidelines, training materials and “white paper” knowledge content.
• Support the underwriting quality control framework including external audits and internal peer reviews.
• Act as a lead and mentor for junior underwriters.
• Be a key contributor to the SME Package business top line and profitability metrics.
• Comply with key regulatory, conduct and risk management requirements and responsibilities.

What you\’ll need to succeed:

• A strong Commercial Underwriting background at Company or MGA / UW Agency level.
• Proven underwriting experience in SME Property and Casualty lines essential.
• Capable of handling commercial underwriting referrals from brokers/MGA’s and junior staff with past experience of handling SME and P & C business preferred.
• Experience in schemes or working with delegated authority partners / MGA’s preferred.
• Able to demonstrate experience in portfolio, facility or binder management.
• Experience of working with digital trading platforms such as Acturis.
• Highly numerate with ability to analyse MI and Portfolio performance data and make recommendations to improve or optimise performance.

Ready to take the next step in your career? We\’d love to hear from you!

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

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.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

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 learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, 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. If you believe you need a reasonable accommodation, please send an email to .

Functional Area:

UW – Underwriting AIG Europe S.A. (U.K. Branch) & American International Group UK Ltd #J-18808-Ljbffr