At a Glance
- Tasks: Drive business growth by underwriting new and renewal business and building broker relationships.
- Company: Join AIG, a global leader in innovative insurance solutions.
- Benefits: Enjoy a comprehensive benefits package focused on health, wellbeing, and professional development.
- Other info: Be part of a culture that values inclusion, collaboration, and continuous learning.
- Why this job: Make an impact in the insurance industry while collaborating with experts across the globe.
- Qualifications: Experience in Financial Lines underwriting and strong data analytic skills required.
The predicted salary is between 60000 - 80000 £ per year.
For more than 50 years, Lex-London has been providing innovative insurance coverage and services to companies ranging from Fortune 1000 leaders to smaller but complex risks. As a leading surplus lines insurer, we use our unique flexibility in rate and form to benefit both traditional and the most challenging risks.
AIG Lex London are a leading provider of excess Financial Lines products in the surplus lines market. Lex-London underwriters combine deep expertise with a broad appetite for risk and are empowered to deliver for our clients and brokers. Clients also benefit from our extensive industry knowledge, specialized risk management and engineering services, and dedicated claims handling services.
How you will make an impact
- This role will contribute to the growth and profitability of the Lex-London Financial Lines Department, which is focused on meeting the needs of large and complex clients domiciled in the United States of America (its territories and possessions).
- This will be achieved by driving the business plans for our business development through underwriting new and renewal business; developing new and maintaining existing broker relationships; assisting in product development and thought leadership; executing the annual FL strategies.
- This role will require assessment of desirability of risk, through thorough review of proposal, claims history and general company information.
- Use designated underwriting tools and systems, requiring accurate and consistent data entry, to streamline underwriting and information-tracking.
- The successful candidate will be expected to generate new business by expanding the broker network, attending broker events, and building new relationships across the market.
- Ensure contract certainty and compliance with key regulatory, risk management responsibilities; and underwrite within agreed decision-making standards, limitations and underwriting authority.
- There will be significant interaction and collaboration with AIG colleagues in the USA and Bermuda who may underwrite on the same/similar programs, to ensure consistent messaging and the best outcome for AIG as a whole.
What you'll need to succeed
- Experience in Financial Lines underwriting, preferably in the US FL space.
- Ideally ACII qualified, or working towards.
- Good risk analysis and technical skills.
- Good data analytic skills and ability to create, read, understand and translate data to provide risk and portfolio insights.
Ready to take the next step in your career? We'd 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.
Reimagining insurance to make a bigger difference to the world
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
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.
Functional Area: UW - Underwriting
AIG Europe S.A. (U.K. Branch) & American International Group UK Ltd. As a global risk leader with deep industry expertise and innovative solutions to smartly manage risk, AIG enables our clients’ growth in ways they never thought possible. We also do the same for our colleagues, because we know our people are our greatest strength – the source of every insight, every idea and every innovation. When we're working as one team to do what's right for our colleagues and our communities, we can achieve excellence together. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.
Join our Talent Community. Additional information about AIG can be found at www.aig.com | YouTube | Instagram | LinkedIn.
Cyber Underwriter, Lex London employer: American International Group
At AIG Lex London, we pride ourselves on being an exceptional employer that values collaboration and innovation in the heart of London. Our comprehensive Total Rewards Program ensures that our employees' health, wellbeing, and professional development are prioritised, while our inclusive culture fosters a sense of belonging and respect for diverse talents. With ample opportunities for growth and a commitment to making a positive impact, joining our team means being part of a forward-thinking organisation dedicated to excellence in the insurance industry.
Contact Details:
American International Group Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Cyber Underwriter, Lex London
✨Tip Number 1
Network like a pro! Attend industry events, connect with brokers, and engage with professionals in the Financial Lines space. Building relationships can open doors to opportunities that aren’t even advertised.
✨Tip Number 2
Show off your expertise! When you meet potential employers or brokers, don’t be shy about discussing your experience in underwriting and risk analysis. Let them know how you can add value to their team.
✨Tip Number 3
Be proactive! Follow up with contacts you’ve made after events or meetings. A simple message can keep you on their radar and show your enthusiasm for the role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at Lex London.
We think you need these skills to ace Cyber Underwriter, Lex London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Cyber Underwriter role. Highlight your experience in Financial Lines underwriting and any relevant qualifications like ACII. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team at Lex London. Be genuine and let your personality come through.
Showcase Your Analytical Skills:Since this role involves risk analysis and data interpretation, make sure to highlight any relevant experience or projects that demonstrate your analytical skills. We love seeing how you can translate data into insights!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, it shows you're keen on joining our team at AIG!
How to prepare for a job interview at American International Group
✨Know Your Financial Lines
Make sure you brush up on your knowledge of Financial Lines underwriting, especially in the US market. Familiarise yourself with key concepts and recent trends, as this will show your expertise and readiness to contribute to Lex London's growth.
✨Showcase Your Analytical Skills
Prepare to discuss your data analytic skills and how you've used them in past roles. Be ready to provide examples of how you've translated data into actionable insights, as this is crucial for assessing risk and making informed decisions.
✨Build Rapport with Brokers
Since building relationships with brokers is a key part of the role, think about how you can demonstrate your networking abilities. Share any experiences where you've successfully expanded your professional network or attended industry events.
✨Understand AIG's Culture
Familiarise yourself with AIG's commitment to inclusion and collaboration. Be prepared to discuss how you can contribute to a supportive team environment and align with their values, as cultural fit is just as important as technical skills.
