At a Glance
- Tasks: Support underwriting processes and ensure high-quality service to clients and brokers.
- Company: Join a global market leader in the insurance industry.
- Benefits: Gain valuable experience, develop skills, and work in a supportive environment.
- Other info: Opportunity to build strong relationships and enhance your professional network.
- Why this job: Advance your career while collaborating with experts in a dynamic team.
- Qualifications: A-level education or equivalent experience; general insurance knowledge preferred.
The predicted salary is between 30000 - 40000 £ per year.
Join us as a Specialist Underwriter Assistant and advance your career with a global market leader. In this role, you will support the UK Underwriting and Operations Teams, handling the end‑to‑end underwriting and operations process and ensuring high‑quality service to brokers and clients.
Responsibilities
- Support the lifecycle of the portfolio in collaboration with Underwrite Managers.
- Ensure all new business and renewal accounts are processed, tracked, and accurately entered into systems.
- Engage proactively with Underwriting to facilitate smooth hand‑overs for new and renewed accounts.
- Maintain documentation and records, retaining all files centrally.
- Accountable for premium, commission, and tax bookings in processing systems.
- Track implementation progress and resolve queries with the global network.
- Collaborate with the Credit Control team to answer queries, track, and monitor premium using core underwriting systems.
- Manage client and broker requests, routing them to Underwriting as required.
- Lead huddles, audit work, perform quality control, and support query resolution in collaboration with the offshore team.
- Build strong relationships with internal and external stakeholders.
- Develop expert knowledge of systems and processes, keeping up‑to‑date with new guidelines.
- Act as a reference point for team members on questions or uncertainties.
- Support project work to ensure existing processes meet requirements.
Qualifications
- A‑level standard of education or equivalent business experience.
- General insurance knowledge.
- Knowledge of operations processes underpinning underwriting, including Submission/Quotes, Risk specifics, and basic pricing principles.
- Understanding of reinsurance concepts (FAC RI, Captive, Treaties, etc.).
- Domestic market specifics and customs knowledge.
- Knowledge of premium allocation principles, cross‑border tax calculation & processing, and insurance accounting principles.
- Strong organisational skills, prioritisation, and deadline management.
- Collaboration skills with the ability to build strong relationships with stakeholders.
- Excellent communication and problem‑solving skills.
- Attention to detail.
- IT proficiency, including Microsoft Outlook, Word, Excel, PowerPoint, Teams, and Power BI desirable.
Specialist Underwriting Assistant employer: American International Group
Join AIG as a Specialist Underwriting Assistant and experience a dynamic work culture that prioritises collaboration and professional growth. With a commitment to providing high-quality service, AIG offers comprehensive training, opportunities for career advancement, and a supportive environment where your contributions are valued. Located in the UK, you will be part of a global market leader that champions diversity and inclusion, ensuring a rewarding and meaningful employment experience.
Contact Details:
American International Group Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Specialist Underwriting Assistant
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by researching the company and role. Know their values and how you can contribute. We want to see your passion and how you fit into our team!
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or family. The more comfortable you are speaking about your skills and experiences, the better you'll perform.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're genuinely interested in joining our team at AIG.
We think you need these skills to ace Specialist Underwriting Assistant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Specialist Underwriting Assistant role. Highlight relevant experience and skills that match the job description, like your knowledge of underwriting processes and strong organisational skills.
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 your background makes you a perfect fit. Don’t forget to mention your collaboration skills and attention to detail!
Showcase Your Insurance Knowledge:Since this role requires general insurance knowledge, be sure to include any relevant qualifications or experiences. Mention specifics like your understanding of premium allocation principles or reinsurance concepts to stand out.
Apply Through Our Website:We encourage you to apply through our website for the best chance of success. It’s straightforward and ensures your application goes directly to us, making it easier for us to review your credentials!
How to prepare for a job interview at American International Group
✨Know Your Underwriting Basics
Brush up on your general insurance knowledge and the operations processes that underpin underwriting. Be ready to discuss Submission/Quotes, Risk specifics, and basic pricing principles during the interview.
✨Showcase Your Organisational Skills
Prepare examples that highlight your strong organisational skills and ability to manage deadlines. Think of situations where you successfully prioritised tasks or handled multiple requests from clients and brokers.
✨Build Relationships
Demonstrate your collaboration skills by sharing experiences where you built strong relationships with stakeholders. This could be internal teams or external clients—show how you effectively communicated and resolved issues.
✨Familiarise Yourself with Systems
Get comfortable with the IT tools mentioned in the job description, like Microsoft Excel and Power BI. If you can, practice using these tools to analyse data or create reports, as this will show your proactive approach and readiness for the role.
