At a Glance
- Tasks: Support underwriting operations and ensure high-quality service for brokers and clients.
- Company: Join AIG, a global leader in insurance solutions with a culture of inclusion.
- Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
- Other info: Collaborative environment with strong focus on teamwork and career progression.
- Why this job: Kickstart your career in insurance with training and opportunities for growth.
- Qualifications: A-level education or equivalent experience; general insurance knowledge required.
The predicted salary is between 30000 - 40000 £ per year.
Join us as a Specialist Underwriter Assistant to take your career to the next level with a global market leader.
As a Specialist in our Underwriting Operations Team in Commercial property, you will be responsible for providing efficient and high-quality support to the UK Underwriting and Operations Teams. You will support the end-to-end underwriting/operations process through regular liaison with other functions to ensure the highest quality of service is delivered to our brokers and clients. This is a fantastic role for someone with good general insurance knowledge who wants to progress their career in operations supporting underwriting. You will be given comprehensive training and the opportunity to complete insurance qualifications.
Some of the key responsibilities include:
- Work with UW managers to support the lifecycle of the portfolio.
- Efficiently and accurately ensure all new business and renewal accounts are processed and tracked.
- Proactive engagement with Underwriting to ensure new and renewed accounts have an efficient and smooth account hand over, ensuring information received is understood and complete in order to process/instruct policies on systems and to the network.
- Liaise with Underwriters to ensure correct interpretation of data for accuracy and completeness.
- Maintain documentation and files, ensuring all documentation is retained centrally.
- Accountable for (RI) premium, (RI) commission and tax bookings in processing systems.
- Track implementation progress and liaise with our global network to resolve queries.
- Liaise with the Credit Control team - answering queries, tracking, and monitoring premium using core underwriting systems.
- Manage requests originating from clients and brokers, and refer to Underwriting as required.
- Regular interaction with our off-shore team – leading huddles, auditing work, quality control, supporting query resolution.
- Build strong relationships with internal and external stakeholders.
- Develop expert level knowledge with regards to systems, and processes and keep abreast of new guidelines published.
- Act as reference point for others in the team when questions come up and/or uncertainties exist.
- Support project work to ensure that existing processes meet requirements.
What you’ll need to succeed:
- Minimum A-level standard of education or equivalent business experience.
- General insurance knowledge.
- Knowledge of operations processes that underpin underwriting with regards to the following areas: Submission/Quotes, Risk specifics, basic pricing principles, Reinsurance concepts (FAC RI, Captive, Treaties etc.), Domestic market specifics and customs.
- Knowledge of premium allocation principles, (European) cross-border tax calculation & processing specifics as well as insurance accounting principles.
- Strong organisation skills with the ability to prioritise work and meet deadlines.
- Collaborative with the ability to build strong relationships with key internal and external stakeholders.
- Excellent communication skills.
- Strong problem solving skills.
- Attention to detail.
- Strong IT skills - experience of Microsoft Outlook, Word, Excel, Powerpoint, Teams and Power BI would be advantageous.
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.
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.
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.
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.
Specialist Underwriting Assistant in London employer: AIG Insurance
At AIG, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our commitment to employee growth is evident through comprehensive training programmes and support for insurance qualifications, ensuring you can advance your career in underwriting operations. Located in the heart of the UK, we provide a supportive environment where diversity is celebrated, and our Total Rewards Program prioritises your health, wellbeing, and financial security.
StudySmarter Expert Advice🤫
We think this is how you could land Specialist Underwriting Assistant in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at AIG. A friendly chat can open doors and give you insider info on what they’re looking for.
✨Tip Number 2
Prepare for interviews by practising common questions related to underwriting and operations. We recommend using the STAR method to structure your answers—this helps you showcase your skills effectively!
✨Tip Number 3
Show off your knowledge! Brush up on general insurance concepts and be ready to discuss them. This will demonstrate your passion and readiness for the Specialist Underwriting Assistant role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our team at AIG.
We think you need these skills to ace Specialist Underwriting Assistant in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Specialist Underwriting Assistant role. Highlight your general insurance knowledge and any relevant experience in underwriting operations. We want to see how you can bring value to our team!
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 your skills align with our needs. Don’t forget to mention your ability to build strong relationships, as that’s key for us.
Showcase Your Attention to Detail:In underwriting, attention to detail is crucial. Make sure your application is free from typos and errors. We appreciate candidates who take the time to ensure their submissions are polished and professional.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people. Plus, you’ll find all the info you need about the role and our company culture there!
How to prepare for a job interview at AIG Insurance
✨Know Your Insurance Basics
Brush up on your general insurance knowledge, especially around underwriting processes and reinsurance concepts. Being able to discuss these topics confidently will show that you understand the industry and are ready to contribute.
✨Demonstrate Strong Communication Skills
Since the role involves liaising with various teams and stakeholders, practice articulating your thoughts clearly. Prepare examples of how you've effectively communicated in past roles, especially in collaborative settings.
✨Showcase Your Organisational Skills
Be ready to discuss how you prioritise tasks and manage deadlines. Consider sharing specific instances where your organisational skills made a difference in your previous work, particularly in fast-paced environments.
✨Prepare Questions for Them
Think of insightful questions to ask about the company culture, team dynamics, and growth opportunities. This not only shows your interest in the role but also helps you gauge if the company is the right fit for you.