At a Glance
- Tasks: Generate new business and build relationships in the financial institutions sector.
- Company: Join AIG, a global leader in insurance solutions with a focus on innovation.
- Benefits: Comprehensive benefits package for health, wellbeing, and professional development.
- Other info: Inclusive culture that values diversity and fosters continuous learning.
- Why this job: Make a real impact in underwriting while growing your skills in a supportive environment.
- Qualifications: Proven underwriting experience and strong communication skills required.
The predicted salary is between 60000 - 80000 £ per year.
At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Specialist Underwriter, Financial Institutions, to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.
Make your mark in UnderwritingAIG Underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients. 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- 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).
- Connect Underwriters with brokers. Be responsible for informing Underwriters of broker networking opportunities as they arise.
- 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.
- Provide excellent service to brokers through consistent, timely, and proactive approach to underwriting. Ensure all brokers and clients are treated fairly.
- Exhibit sales orientated behaviours, defined by Management as: motivated, focused, technically skilled, proactive, and accountable.
- Ensure compliance with key regulatory and risk management responsibilities.
- Ensure contract certainty.
- Conduct self-audit as required.
- Proven underwriting experience is required in the London Financial Institutions classes.
- Experience presenting and selling Financial Institutions to clients.
- Customer-centric approach.
- Strong communication skills.
- Ability to handle multiple priorities, organise work and meet deadlines.
- Experience analysing financial statements.
- Enjoys networking and building relationships.
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 mattersAt 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 worldAmerican 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 inclusionWe’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 Area: UW - Underwriting AIG Europe S.A. (U.K. Branch) & American International Group UK Ltd.
Senior Specialist Underwriter, Financial Institutions in London employer: American International Group
Contact Detail:
American International Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Specialist Underwriter, Financial Institutions in London
✨Tip Number 1
Networking is key! Attend industry events and connect with brokers to expand your network. The more relationships you build, the better your chances of landing that Senior Specialist Underwriter role.
✨Tip Number 2
Show off your skills! Prepare to discuss your underwriting experience and how you've successfully assessed risks in the past. Be ready to share specific examples that highlight your customer-centric approach.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your communication skills. This will help you articulate your thoughts clearly and confidently during the real deal.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're serious about joining AIG and being part of our amazing team.
We think you need these skills to ace Senior Specialist Underwriter, Financial Institutions in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Specialist Underwriter role. Highlight your underwriting experience, especially in Financial Institutions, and showcase any relevant skills that match the job description.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how your experience aligns with AIG's mission to help customers manage risk. Keep it concise but impactful.
Showcase Your Networking Skills: Since networking is key in this role, mention any broker relationships you've built or events you've attended. This shows us you’re proactive and ready to expand our broker network right from the start!
Proofread and Polish: Before hitting send, give your application a thorough proofread. Spelling mistakes or typos can be a red flag. We want to see your attention to detail, so make sure everything is polished and professional!
How to prepare for a job interview at American International Group
✨Know Your Underwriting Stuff
Make sure you brush up on your underwriting knowledge, especially in the Financial Institutions sector. Be ready to discuss specific cases or experiences where you've successfully assessed risks and made decisions based on financial reports.
✨Network Like a Pro
Since this role involves expanding broker networks, think about how you can demonstrate your networking skills. Share examples of past events you've attended or relationships you've built that have led to successful business outcomes.
✨Show Off Your Communication Skills
Strong communication is key in this role. Prepare to showcase how you've effectively communicated with brokers and clients in the past. Consider role-playing common scenarios to practice your responses.
✨Be Customer-Centric
AIG values a customer-centric approach, so be ready to discuss how you've prioritised client needs in your previous roles. Think of specific instances where your proactive service made a difference to a broker or client.