At a Glance
- Tasks: Provide top-notch underwriting support and manage accounts for a leading global insurance company.
- Company: Join AIG, a global leader in insurance solutions with a culture of collaboration.
- Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
- Other info: Inclusive culture with opportunities for growth and continuous learning.
- Why this job: Kickstart your career in insurance with training and qualifications while making a real impact.
- Qualifications: A-level education or equivalent, some insurance experience, and strong organisational skills.
The predicted salary is between 30000 - 40000 £ per year.
Join us as a Specialist in Underwriting Support to take your career to the next level with a global market leader.
How you will make an impact:
As a Specialist in our Underwriting Operations Team, you will be responsible for providing efficient and high-quality underwriting support to the UK Underwriting Teams. You will support the end-to-end underwriting 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 some insurance experience. You will be given comprehensive training and the opportunity to complete insurance qualifications.
Some of the key responsibilities include:
- Manage a portfolio of Accounts
- Efficiently and accurately ensure all new business and renewal accounts are processed
- 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
- 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
- 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
- Some insurance experience
- 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
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 Support in London employer: AIG Insurance
AIG Insurance is an exceptional employer, offering a dynamic work environment where collaboration thrives, particularly in the heart of Lloyd's. With a strong emphasis on professional development, employees benefit from extensive growth opportunities and a supportive culture that values teamwork and compliance excellence. Working at AIG not only provides a chance to be part of a leading insurance firm but also ensures meaningful contributions to the financial integrity of managed syndicates.
StudySmarter Expert Advice🤫
We think this is how you could land Specialist, Underwriting Support in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like AIG Insurance). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like AIG Insurance. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Specialist, Underwriting Support in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at AIG Insurance.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at AIG Insurance. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at AIG Insurance
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at AIG Insurance to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at AIG Insurance, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding AIG Insurance's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
