Financial Lines Underwriter, Lex London
Financial Lines Underwriter, Lex London

Financial Lines Underwriter, Lex London

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Drive business growth by underwriting new and renewal financial lines and building broker relationships.
  • Company: Join AIG, a global leader in innovative insurance solutions with a collaborative culture.
  • Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
  • Other info: Opportunities for continuous learning and career advancement in a supportive environment.
  • Why this job: Make an impact in the insurance industry while working with a diverse and inclusive team.
  • Qualifications: Experience in Financial Lines underwriting and strong data analysis skills required.

The predicted salary is between 36000 - 60000 £ per year.

Make your mark at Lex London. For more than 50 years, Lex-London has been providing innovative insurance coverage and services to companies ranging from Fortune 1000 leaders to smaller but complex risks. As a leading surplus lines insurer, we use our unique flexibility in rate and form to benefit both traditional and the most challenging risks. AIG Lex London are a leading provider of excess Financial Lines products in the surplus lines market. Lex-London underwriters combine deep expertise with a broad appetite for risk and are empowered to deliver for our clients and brokers. Clients also benefit from our extensive industry knowledge, specialized risk management and engineering services, and dedicated claims handling services.

How you will make an impact: This role will contribute to the growth and profitability of the Lex-London Financial Lines Department, which is focused on meeting the needs of large and complex clients domiciled in the United States of America (its territories and possessions). This will be achieved by driving the business plans for our business development through underwriting new and renewal business; developing new and maintaining existing broker relationships; assisting in product development and thought leadership; executing the annual FL strategies. This role will require assessment of desirability of risk through thorough review of proposal, claims history, and general company information. Use designated underwriting tools and systems requiring accurate and consistent data entry to streamline underwriting and information-tracking. The successful candidate will be expected to generate new business by expanding the broker network, attending broker events, and building new relationships across the market. Ensure contract certainty and compliance with key regulatory risk management responsibilities; and underwrite within agreed decision-making standards, limitations, and underwriting authority. There will be significant interaction and collaboration with AIG colleagues in the USA and Bermuda who may underwrite on the same/similar programs to ensure consistent messaging and the best outcome for AIG as a whole.

What you'll need to succeed: Experience in Financial Lines underwriting, preferably in the USFL space. Ideally ACII qualified or working towards. Good risk analysis and technical skills. Good data analytic skills and ability to create, read, understand, and translate data to provide risk and portfolio insights.

Ready to take the next step in your career? We 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 as we think 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.

Financial Lines Underwriter, Lex London employer: AIG Insurance

At AIG Lex London, we pride ourselves on being an exceptional employer that values collaboration and innovation. Our supportive work culture fosters professional growth through continuous learning opportunities, while our comprehensive Total Rewards Program ensures that your health, wellbeing, and financial security are prioritised. Join us in a vibrant London location where you can make a meaningful impact in the Financial Lines sector, surrounded by a diverse team committed to excellence and inclusion.
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Contact Detail:

AIG Insurance Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Financial Lines Underwriter, Lex London

✨Tip Number 1

Network like a pro! Attend industry events and connect with brokers and other underwriters. Building relationships is key in the Financial Lines space, so don’t be shy about introducing yourself and sharing your expertise.

✨Tip Number 2

Show off your skills! When you get the chance to meet potential employers or clients, be ready to discuss your risk analysis and data insights. This will demonstrate your value and help you stand out from the crowd.

✨Tip Number 3

Follow up after meetings! A quick email thanking them for their time and reiterating your interest can go a long way. It shows you're proactive and genuinely interested in the role.

✨Tip Number 4

Apply through our website! We love seeing applications directly from candidates who are excited about joining us at Lex London. It’s a great way to show your enthusiasm and commitment to being part of our team.

We think you need these skills to ace Financial Lines Underwriter, Lex London

Financial Lines Underwriting
Risk Analysis
Data Analytics
Broker Relationship Management
Product Development
Regulatory Compliance
Decision-Making Skills
Proposal Review
Claims History Assessment
Underwriting Tools Proficiency
Business Development
Communication Skills
Collaboration
ACII Qualification or Progression

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Financial Lines Underwriter role. Highlight your experience in underwriting, especially in the USFL space, and any relevant qualifications like ACII. We want to see how your skills align with what we do at Lex London!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Be sure to mention your understanding of risk analysis and data analytics, as these are key for us.

Showcase Your Networking Skills: Since building broker relationships is crucial, share examples of how you've successfully networked in the past. Whether it's attending events or developing partnerships, we want to know how you can expand our broker network!

Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at AIG!

How to prepare for a job interview at AIG Insurance

✨Know Your Financial Lines

Make sure you brush up on your knowledge of Financial Lines underwriting, especially in the USFL space. Be prepared to discuss specific risks and how you would assess them, as this will show your expertise and understanding of the role.

✨Showcase Your Analytical Skills

Since data analytics is crucial for this position, come ready to demonstrate your ability to interpret and translate data into actionable insights. You might even want to prepare a few examples of how you've used data in past roles to inform your decision-making.

✨Build Rapport with Brokers

This role involves developing and maintaining broker relationships, so think about how you can convey your networking skills. Share experiences where you've successfully built relationships in the past, and be ready to discuss how you would approach new brokers.

✨Understand AIG's Culture

Familiarise yourself with AIG's commitment to collaboration and inclusion. During the interview, express how you value teamwork and diversity, and be ready to share how you can contribute to a supportive environment that aligns with their culture.

Financial Lines Underwriter, Lex London
AIG Insurance
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