At a Glance
- Tasks: Drive business growth by underwriting new and renewal business 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: Embrace a culture of inclusion and continuous learning at AIG.
- Why this job: Make a real impact in the insurance industry while developing your career in a supportive environment.
- Qualifications: Experience in Financial Lines underwriting and strong data analytic skills required.
The predicted salary is between 50000 - 70000 € 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 US FL 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'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 candidatecare@aig.com.
Cyber Underwriter, Lex London employer: AIG Insurance
At AIG Lex London, we pride ourselves on being an exceptional employer that values collaboration and innovation in the insurance industry. Our supportive work culture fosters professional growth through continuous learning opportunities, while our comprehensive Total Rewards Program ensures that employees' health, wellbeing, and financial security are prioritised. Located in the heart of London, we offer a dynamic environment where you can make a meaningful impact and build lasting relationships within a diverse team.
StudySmarter Expert Advice🤫
We think this is how you could land Cyber 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 insurance world, so don’t be shy—get out there and make your presence known!
✨Tip Number 2
Show off your expertise! When you meet potential employers or clients, share your insights on risk analysis and underwriting strategies. This not only demonstrates your knowledge but also positions you as a thought leader in the field.
✨Tip Number 3
Leverage social media! Use platforms like LinkedIn to showcase your skills and connect with industry professionals. Share articles, engage in discussions, and let your network know you’re on the lookout for new opportunities.
✨Tip Number 4
Apply through our website! We love seeing candidates who are genuinely interested in joining us at AIG. Make sure to highlight your relevant experience in Financial Lines underwriting when you apply, and don’t forget to follow up after submitting your application!
We think you need these skills to ace Cyber Underwriter, Lex London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Cyber Underwriter role at Lex London. Highlight your experience in Financial Lines underwriting and any relevant qualifications like ACII. We want to see how your skills match what we're looking for!
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 Relationship-Building Skills:Since this role involves expanding broker networks and building relationships, make sure to include examples of how you've successfully done this in the past. We love seeing candidates who can connect with others and drive business growth!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
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 US market. Be prepared to discuss specific products and how they relate to the needs of large and complex clients. This will show that you understand the role and can contribute to the growth of the department.
✨Showcase Your Risk Analysis Skills
During the interview, be ready to demonstrate your risk analysis and technical skills. You might be asked to assess a hypothetical proposal or claims history, so practice articulating your thought process clearly. This will help the interviewers see your analytical capabilities in action.
✨Build Rapport with Brokers
Since the role involves developing broker relationships, think of examples from your past experiences where you've successfully built connections. Share stories that highlight your networking skills and how you’ve expanded your professional network in previous roles.
✨Emphasise Data Analytics Proficiency
Given the importance of data in this role, be prepared to discuss your experience with data analytics tools. Highlight any specific software you’ve used and how you’ve translated data into actionable insights. This will demonstrate your ability to streamline underwriting processes effectively.
