At a Glance
- Tasks: Join AIG as an Underwriter, Crisis Solutions and help manage risk for clients.
- Company: AIG is transforming how we support customers in managing their risks.
- Benefits: Gain valuable experience, grow your skills, and enjoy a supportive team environment.
- Why this job: Make an impact in underwriting while building relationships and expanding your network.
- Qualifications: Experience in underwriting or broking, strong communication, and analytical skills required.
- Other info: Opportunity to travel up to 25% and work with a diverse portfolio.
The predicted salary is between 36000 - 60000 £ per year.
At AIG, we are reimagining the way we help customers to manage risk. Join us as an Underwriter, Crisis Solutions (K&R) 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 Underwriting
AIG 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’ll create an impact
- Meet individual underwriting expectations to help team achieve budgeted financial objectives.
- Underwrite within agreed decision-making standards, limitations, and underwriting authority.
- Assess desirability of risk through analysis of financial reports and accounts, 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 accurate monthly Management information including, but not limited to, submissions, bind rate, average premium, and total premium as required.
- Provide excellent service to brokers through consistent, timely, and proactive approach to underwriting.
- Maintain adequate retention of renewals within the portfolio.
- Generate new business by expanding broker network, attending broker events, and building new relationships across the market.
- Establish sales plan with Manager to identify brokers, products, and countries to target.
- Ensure compliance with key regulatory and risk management responsibilities.
What you’ll need to succeed
- Underwriting experience OR broking experience within K&R.
- Strong communication skills.
- Ability to handle multiple priorities, organise work and meet deadlines.
- Ability to analyse political risks and threats around the world from a geopolitical point of view.
- Customer and sales focused with the ability to network and build relationships.
- Strong presentation skills.
- Motivated, proactive.
- Proficient in Microsoft Excel, PowerPoint and Word.
Functional Area:
UW – Underwriting
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
AIG Europe S.A. (U.K. Service Branch) & American International Group UK Ltd
#J-18808-Ljbffr
Underwriter, Crisis Solutions (K&R) employer: American International Group
Contact Detail:
American International Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter, Crisis Solutions (K&R)
✨Tip Number 1
Familiarize yourself with the specific underwriting processes and tools used in Crisis Solutions. Understanding the designated Underwriting systems will give you an edge in demonstrating your readiness to streamline operations.
✨Tip Number 2
Network actively within the insurance industry, especially with brokers who specialize in K&R. Attend relevant events and engage in conversations that can help you build relationships and expand your broker network.
✨Tip Number 3
Stay updated on global political risks and threats, as this knowledge is crucial for assessing risk desirability. Being able to discuss current events and their implications on underwriting will showcase your analytical skills.
✨Tip Number 4
Prepare to demonstrate your strong communication and presentation skills during interviews. Practice articulating complex ideas clearly, as this will be essential when interacting with brokers and clients.
We think you need these skills to ace Underwriter, Crisis Solutions (K&R)
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Underwriter, Crisis Solutions position at AIG. Understand the key responsibilities and required skills, and think about how your experience aligns with these.
Tailor Your CV: Customize your CV to highlight relevant underwriting or broking experience, especially in K&R. Emphasize your strong communication skills, ability to analyze risks, and any experience with financial reports or broker relationships.
Craft a Compelling Cover Letter: Write a cover letter that showcases your motivation for the role and how you can contribute to AIG's mission of transforming risk management. Mention specific examples from your past experiences that demonstrate your customer focus and proactive approach.
Highlight Technical Skills: Make sure to mention your proficiency in Microsoft Excel, PowerPoint, and Word in your application. If you have experience with underwriting systems or data analysis, be sure to include that as well.
How to prepare for a job interview at American International Group
✨Showcase Your Underwriting Experience
Be prepared to discuss your previous underwriting or broking experience in detail. Highlight specific cases where you successfully assessed risks and made decisions that positively impacted the business.
✨Demonstrate Strong Communication Skills
Since the role requires excellent communication with brokers, practice articulating your thoughts clearly and confidently. Prepare examples of how you've effectively communicated complex information in the past.
✨Prepare for Geopolitical Analysis Questions
Given the focus on analyzing political risks, brush up on current geopolitical events and be ready to discuss how they might impact underwriting decisions. This shows your awareness and analytical skills.
✨Emphasize Customer Focus and Networking Abilities
Think of instances where you've built strong relationships with clients or brokers. Be ready to share your strategies for expanding networks and generating new business, as this is crucial for the role.