At a Glance
- Tasks: Drive business growth by underwriting Cyber insurance and building broker relationships.
- Company: Join AIG, a global leader in innovative insurance solutions.
- Benefits: Enjoy comprehensive benefits focused on health, wellbeing, and professional development.
- Other info: Collaborative culture with opportunities for continuous learning and career growth.
- Why this job: Make a real impact in the evolving world of Cyber insurance.
- Qualifications: Experience in underwriting, strong communication, and relationship-building skills required.
The predicted salary is between 60000 - 80000 £ per year.
AIG’s underwriters develop insurance solutions that address the exposures of companies and individuals, bringing to market ground-breaking insurance solutions for our changing world. AIG’s underwriters help to find insurance solutions for risks from a range of areas including life insurance, aviation, financial lines, casualty, environmental, catastrophic events, high net worth individuals, and boardroom liabilities.
As an influencer at AIG, people come to you as a “go-to” source for help and support because of your deep knowledge and expertise. As a more experienced team member, you are capable of driving continual improvement and impacting the way that things get done. Because of your influence, whether direct or indirect, we are able to deliver powerful outcomes for our clients.
This role will contribute to the growth of the Financial Lines, Cyber by:
- Driving the business plans for our regional business development through underwriting new and renewal business.
- Developing and maintaining relationships with existing brokers.
- Assisting in Cyber including Cyber product development and thought leadership.
- Executing the annual Cyber strategies.
What we are looking for:
Financial:- Meet individual underwriting expectations to help the team achieve budgeted financial objectives.
- Proven track record of developing Cyber new business in the regional market.
- Meet the budgeted team retention targets for the regional Cyber Team.
- A solid experience in underwriting Cyber within agreed decision making standards, limitations, and underwriting authority.
- Assess desirability of risk through analysis of financial reports and accounts (as required); regular contact with broker; thorough review of proposal; and review of claims history and general company information.
- Use designated Underwriting system(s) to streamline underwriting and information-tracking approach across Profit Centre. Input required data consistently and accurately as required.
- Proven track record of providing excellent service to brokers through consistent, timely, and proactive approach to underwriting & business development.
- Exhibit sales orientated behaviours, defined by Management as: motivated, tenacious, production focused, technically skilled, proactive, and accountable.
- Generate new business by expanding broker network, attending broker events, and building new relationships across the market.
- Be responsible for meeting larger proportion of new business target(s).
- Provide excellent service to brokers through consistent, timely, and proactive approach to underwriting.
- Serve as guide and/or referral point for Underwriters.
- Support other Underwriters and help develop networking opportunities as they arise.
- Establish strong existing relationships with brokers, maintaining those relationships through attending and organizing regular broker events.
- Ensure all brokers and clients are treated fairly.
- Ensure customer-centric approach.
- Support team building and team strategies and goals.
- Ensure contract certainty.
- Conduct self-audit/Peer-Review as required.
- Ensure compliance with key regulatory and risk management responsibilities, including but not limited to audits, sanctions, expenses.
Position Requirements:
- Underwriting experience is required, Cyber Underwriting experience very valuable.
- Strong communication skills.
- Time management - ability to handle multiple priorities, organise work and meet deadlines.
- Ability to analyse financial statements.
- Ability to network and build relationships.
- Organizational skills.
- Customer and sales focused.
- Tenacious, motivated, proactive, can produce results.
- Able to work in a cooperative team environment.
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. The talent of our people is one of AIG’s greatest assets, and we are honoured 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.
Senior Cyber Underwriter in Manchester employer: AIG Insurance
AIG is an exceptional employer that prioritises the growth and well-being of its employees, offering a comprehensive Total Rewards Program that supports health, financial security, and professional development. With a strong emphasis on collaboration and a culture of inclusion, AIG fosters an environment where team members can thrive, build meaningful relationships, and contribute to innovative insurance solutions that make a difference in the world. Located in a dynamic market, this role as a Senior Cyber Underwriter provides unique opportunities to influence business strategies and drive impactful outcomes for clients.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Cyber Underwriter in Manchester
✨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 Senior Cyber Underwriter in Manchester
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.