Assistant Underwriter — Lloyd's Market Operations

Assistant Underwriter — Lloyd's Market Operations

Full-Time 35000 - 45000 £ / year (est.) No working from home possible
AIG

At a Glance

  • Tasks: Support underwriting operations and manage risk by inputting data and analysing reports.
  • Company: Join AIG, a leader in the insurance industry with a dynamic work culture.
  • Benefits: Gain valuable experience, competitive pay, and opportunities for professional growth.
  • Other info: Perfect for those who thrive in a fast-paced, collaborative environment.
  • Why this job: Be part of a crucial team that shapes risk management in the Lloyd's market.
  • Qualifications: Relevant degree, strong IT skills, and an understanding of the Lloyd's market.

The predicted salary is between 35000 - 45000 £ per year.

Join AIG as an Assistant Underwriter to contribute to underwriting operations and risk management.

You will input risks into systems, copy or scan slips, and ensure documents are properly stored in the DMS while supporting underwriters with analysis and reporting.

Ideal candidates have Lloyd's market understanding, a relevant degree, and strong IT skills, with the ability to multitask and work both independently and as part of a team.

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Assistant Underwriter — Lloyd's Market Operations employer: AIG

AIG is an exceptional employer located in Manchester, offering a dynamic work environment that fosters professional growth and development within the Financial Lines sector. With a strong emphasis on employee wellbeing, AIG provides a comprehensive benefits package and encourages a culture of collaboration and innovation, making it an ideal place for those looking to make a meaningful impact in the field of cyber underwriting.

AIG

Contact Details:

AIG Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Assistant Underwriter — Lloyd's Market Operations

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like AIG. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Assistant Underwriter — Lloyd's Market Operations

Underwriting Operations
Risk Management
Document Management Systems (DMS)
Data Input
Analysis and Reporting
Lloyd's Market Understanding
Relevant Degree

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to AIG.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on AIG's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at AIG

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with AIG.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at AIG will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former AIG employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.