At a Glance
- Tasks: Manage underwriting portfolios and support business planning at Talbot.
- Company: Join AIG, a global leader in insurance solutions with a commitment to innovation.
- Benefits: Enjoy a comprehensive benefits package focused on health, wellbeing, and professional development.
- Why this job: Be part of a dynamic team transforming risk management in a supportive culture.
- Qualifications: Experience in the Lloyd’s market and portfolio management is essential; actuarial exams are a plus.
- Other info: AIG values diversity and inclusion, offering a culture that celebrates individual talents.
The predicted salary is between 48000 - 72000 £ per year.
At Talbot and AIG, we are reimagining the way we help customers to manage risk. Join us as a Portfolio Manager to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.
Talbot operates within the Lloyd's Insurance Market through Syndicate 1183 and Syndicate 2019. With an expert team of highly skilled and experienced underwriters and a balanced, geographically diverse portfolio of business, Talbot has earned a reputation as an industry leading insurance specialist. Talbot writes a diversified portfolio including Crisis Management, Energy, Financial Lines, Marine, Political Risk, Property and Terrorism. Drawing on our deep industry expertise, Talbot develops tailored insurance solutions that address clients' evolving and often unique needs. Syndicate 2019 provides Lloyd’s investors with access to AIG’s Private Client Select (PCS) portfolio. Part of AIG since 2018, Talbot is committed to working with brokers and clients to deliver industry leading solutions. It is headquartered in London with offices in New York and Singapore.
How you will create an impact
- Support production and delivery of Lloyd’s SBF/SBF (including s1183, s2019, s2478); oversee the QMB submission (quarterly monitoring) to Lloyd’s and support the management of the Lloyd’s relationship.
- Lloyd’s stakeholder management regarding annual business planning matters as well as ongoing relationship management (eg: ad hoc requests, risk exceptions, line size changes etc.).
- Set business planning timetable for Talbot and coordinate supporting business functions to ensure the plan is delivered on time and in-line with Lloyd’s/AIG Group expectations.
- Oversee monitoring of underwriting premium income and performance KPIs including, where necessary, alignment with Talbot underwriting teams to adjust and/or improve portfolio management.
- Provide management updates to the Executive Committee and/or TUL Board/AIG Group.
- Take ownership of the Portfolio Performance Reviews (PPR) and coordinate the PPR Steering Group together with the Long Term Planning process.
- Lead delivery of regular COB reviews (Pod meetings) to evaluate performance against plan and other key performance metrics.
What you’ll need to succeed
- Experience of the Lloyd’s and London market.
- Development and execution of Lloyd’s business plans.
- Portfolio management/analysis experience.
- Actuarial exam passes are highly desirable but not essential (study support can also be provided).
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.
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.
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 inclusion 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 honoured 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.
Underwriting Portfolio Manager employer: American International Group
Contact Detail:
American International Group Recruiting Team
candidatecare@aig.com
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Portfolio Manager
✨Tip Number 1
Familiarise yourself with the Lloyd's and London market. Understanding the nuances of this environment will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals already working in underwriting or related fields. Attend industry events or join relevant online forums to connect with potential colleagues and gain insights into the company culture at Talbot.
✨Tip Number 3
Stay updated on current trends and challenges in the insurance sector, particularly those affecting portfolio management. This knowledge can be a great conversation starter during interviews and shows your proactive approach.
✨Tip Number 4
Prepare to discuss your experience with business planning and performance metrics. Be ready to share specific examples of how you've successfully managed portfolios or contributed to strategic planning in previous roles.
We think you need these skills to ace Underwriting Portfolio Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Underwriting Portfolio Manager position. Tailor your application to highlight relevant experience in portfolio management and your understanding of the Lloyd's and London market.
Craft a Compelling CV: Your CV should clearly outline your experience in underwriting and portfolio management. Use specific examples to demonstrate your achievements and how they relate to the job description. Highlight any actuarial qualifications or relevant certifications.
Write a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your skills align with the company's goals and values, particularly in relation to risk management and client solutions. Be sure to mention any experience you have with business planning and stakeholder management.
Proofread Your Application: Before submitting your application, take the time to proofread all documents. Check for spelling and grammatical errors, and ensure that your formatting is consistent. A polished application reflects your attention to detail and professionalism.
How to prepare for a job interview at American International Group
✨Understand the Lloyd's Market
Familiarise yourself with the Lloyd's Insurance Market and its operations. Be prepared to discuss how your experience aligns with the unique aspects of this market, especially in relation to portfolio management and underwriting.
✨Showcase Your Analytical Skills
As a Portfolio Manager, you'll need strong analytical skills. Prepare examples from your past experiences where you've successfully managed or analysed portfolios, and be ready to discuss the impact of your decisions on performance metrics.
✨Prepare for Stakeholder Management Questions
Expect questions about managing relationships with stakeholders. Think of specific instances where you've effectively communicated with various parties, particularly in high-pressure situations, and how you navigated those interactions.
✨Demonstrate Your Commitment to Continuous Learning
Since actuarial exam passes are desirable, express your willingness to pursue further education and training. Share any relevant courses or certifications you have completed or plan to undertake, showing your commitment to professional development.