Underwriter, Financial Lines in Manchester

Underwriter, Financial Lines in Manchester

Manchester Full-Time 28800 - 48000 £ / year (est.) No working from home possible
AIG

At a Glance

  • Tasks: Underwrite new and renewal business, assess risks, and build broker relationships.
  • Company: AIG is a global leader in insurance solutions, committed to innovation and customer support.
  • Benefits: Enjoy a comprehensive benefits package focused on health, wellbeing, and professional development.
  • Other info: AIG values in-person collaboration for a supportive team environment.
  • Why this job: Join a culture of inclusion and growth, making a real impact in the insurance industry.
  • Qualifications: Experience in underwriting preferred; strong communication and analytical skills required.

The predicted salary is between 28800 - 48000 £ per year.

This Underwriter role will be an ideal next step in your career if you already have some relevant experience in insurance – or this could be your entry into underwriting if you have transferable skills.

AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. We are reimagining how we help customers to manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.

How you will create an impact

This role will focus on underwriting new and renewal business to help drive the profitable growth of our Financial Lines Regions. You will be responsible for assessing the desirability of risk through regular contact with brokers, close co-ordination with AIG subject matter experts and robust reviews of claims history and general company information. Your relationships with brokers will be key to your success. You will need to provide excellent service to brokers through a consistent, timely, and proactive approach to underwriting. You will also aim to generate new business by expanding your broker network, attending broker events, and building new relationships across the market – in line with a sales plan established with your manager. Another key aspect of the role is the provision of accurate monthly management information including submissions, bind rate, average premium, and total premium.

What you’ll need to succeed

  • Underwriting experience is preferred; however, you are welcome to apply if you have other relevant professional experience.
  • The ability to analyse financial statements.
  • Strong communication, networking and relationship building skills.
  • Good organizational and time management skills.
  • Customer and Sales orientated behaviours: motivated, tenacious, focused, technically skilled, proactive, and accountable.

Ready to prove your potential? We would love to hear from you.

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. The talent of our people is one of AIG’s greatest assets, and we are honored 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.

Underwriter, Financial Lines in Manchester employer: AIG

AIG is an exceptional employer that prioritises the growth and development of its employees, offering a comprehensive Total Rewards Program that supports health, wellbeing, and financial security. With a strong emphasis on collaboration and a culture of inclusion, AIG fosters an environment where diverse talents are celebrated, and continuous learning is encouraged. Joining AIG means being part of a forward-thinking team dedicated to reimagining insurance solutions while making a meaningful impact in the community.

AIG

Contact Details:

AIG Recruitment Team

candidatecare@aig.com

StudySmarter Expert Advice🤫

We think this is how you could land Underwriter, Financial Lines 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 Underwriter, Financial Lines in Manchester

Underwriting Experience
Financial Statement Analysis
Strong Communication Skills
Networking Skills
Relationship Building
Organisational Skills
Time Management Skills

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.