At a Glance
- Tasks: Underwrite Cyber insurance and develop innovative solutions for clients.
- Company: Join AIG, a global leader in insurance with a culture of innovation.
- Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
- Other info: Inclusive 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.
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. 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:
- Meet individual underwriting expectations to help 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.
Business Process
- 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.
Customer And Sales
- 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.
People
- 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.
Reporting/Compliance
- 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, 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). 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.
Senior Cyber Underwriter in Manchester employer: AIG
AIG is an exceptional employer that prioritises the well-being and professional growth of its employees, offering a comprehensive Total Rewards Program that supports health, financial security, and continuous learning. With a strong commitment to inclusion and a collaborative work culture, AIG fosters an environment where diverse talents are celebrated, ensuring that every team member can thrive and contribute to innovative insurance solutions. Located in the heart of the UK, AIG provides unique opportunities for networking and relationship-building within the dynamic insurance market, making it an ideal place for those looking to make a meaningful impact in their careers.