Policy Wording Specialist - Commercial Property in Manchester

Policy Wording Specialist - Commercial Property in Manchester

Manchester Full-Time 63000 - 77000 £ / year (est.) On-site
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At a Glance

  • Tasks: Drive policy wording guidelines and support underwriters with expert advice.
  • Company: Join AIG, a global leader in insurance solutions, transforming risk management.
  • Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
  • Other info: Inclusive culture with continuous learning and career growth opportunities.
  • Why this job: Make a real impact in the insurance industry while growing your skills.
  • Qualifications: 5+ years in policy language analysis or relevant underwriting experience.

The predicted salary is between 63000 - 77000 £ per year.

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Wording Specialist to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team and to work with some of the industry’s top talent.

How you will create an impact:

  • Drive coverage certainty by establishing policy wording guidelines and counseling underwriters on best practices.
  • Provide counseling and technical guidance to underwriters on policy language.
  • Review competitor forms and make recommendations to the Global Property Wording Manager on acceptability of those forms and required endorsements.
  • Draft manuscript endorsements to AIG’s standard policy forms, and create bespoke endorsements for third party policy forms to address client-specific exposures and align with underwriting intent.
  • Work with Underwriting, Claims and Legal in drafting new policy forms and endorsements.
  • Support the Global Property Wording Manager in maintaining and updating manuscript policy checklists to ensure that policy reviews match AIG’s underwriting intent.
  • Develop training to help underwriters better understand the importance of policy wording.
  • Contribute to Underwriting Bulletins and other communications to provide underwriters with direction and insight on policy wording and usage.
  • Support the development and implementation of the Global Policy Forms Library and Digital Workflow.

What you’ll need to succeed:

  • Written and Oral Communication: 5+ years of policy language analysis and drafting experience, preferably in Property, or alternatively, two years of drafting experience and three years of Property underwriting experience; ability to break down difficult concepts in order to provide clear and succinct explanations to underwriters and other stakeholders.
  • Knowledge: Experience with UK Property markets and policy forms; experience and knowledge of both admitted and surplus lines markets a plus.
  • Flexibility: Proficiency in both working independently and collaborating with others in a team environment across multiple disciplines.
  • Prioritizing and Time Management: Able to manage time effectively, capable of prioritizing projects and responding promptly in an appropriate manner.
  • Client Service: Ability to anticipate client (internal and external) needs and act proactively.
  • Problem Solving: Identify problems and deliver appropriate solutions.
  • Attention to Detail: Demonstrate attention to detail, and maintain accurate documentation.
  • Learning Agility: Willingness to continually learn from experiences and new situations.
  • Forms Management: Experience in building out and maintaining forms libraries a plus.

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.

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.

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.

Policy Wording Specialist - Commercial Property in Manchester employer: aig

At Talbot, part of AIG, we pride ourselves on being an exceptional employer that values collaboration and professional growth. Our inclusive work culture fosters a supportive environment where employees can thrive, with comprehensive benefits that prioritise health, wellbeing, and career development. Located in the heart of the Lloyd's Insurance Market, we offer unique opportunities to engage with industry leaders while contributing to innovative insurance solutions that make a meaningful impact.

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Contact Details:

aig Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Policy Wording Specialist - Commercial Property 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). 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. 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 Policy Wording Specialist - Commercial Property in Manchester

Communication Skills
Organizational Skills
Problem-Solving Skills
Adaptability
Time Management
Teamwork
Flexibility

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.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at aig. 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

✨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 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, 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'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.