At a Glance
- Tasks: Manage and assess risks while underwriting innovative insurance solutions.
- Company: Join Talbot, a leading insurance specialist within the Lloyd’s Insurance Market.
- Benefits: Comprehensive benefits package focusing on health, wellbeing, and professional development.
- Other info: Collaborative culture with opportunities for growth and learning.
- Why this job: Make an impact in risk management and develop your skills in a dynamic environment.
- Qualifications: Experience in underwriting and strong analytical skills required.
The predicted salary is between 55000 - 65000 £ per year.
At Talbot and AIG, we are reimagining the way we help customers to manage risk. Join us as a Portfolio Solutions Underwriter 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, Syndicate 2019, Syndicate 2478 and Syndicate 2479. 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 with more than 350 employees. 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 and reinsurance specialist. Talbot writes a diversified portfolio including Crisis Management, Energy, Financial Lines, Marine, Political Risk, Property, Transport and Terrorism. Drawing on our deep industry expertise, Talbot develops tailored insurance solutions that address clients’ evolving and often unique needs.
How You Will Create an Impact
- Manage, assess, and underwrite business bound under Portfolio Solutions, ensuring all risks fall within approved underwriting authority levels and policy governance requirements.
- Conduct detailed pre-bind Underwriting reviews, including exposure analysis to determine appetite fit, proposed Coverholder authority levels, underwriting guidelines, and adherence to Lloyd’s and internal AIG/Talbot standards.
- Provide ongoing oversight of individual facility and class performance including bordereaux reviews, Audit reviews, referrals, premium, claims, opportunities.
- Recommend adjustments, improvements, endorsements, or changes to underwriting authorities as part of continuous quality review processes.
- Contribute to portfolio strategy and product development by identifying performance trends and emerging risks within delegated segments.
- Support Business planning, with data-driven insights to help optimise the portfolio and improve profitability.
- Work directly with brokers, coverholders, and internal stakeholders to maintain high service levels and support profitable and sustainable delegated arrangements.
What You’ll Need to Succeed
- Experience in underwriting within a Lloyd’s or company market environment, ideally underwriting Binding authorities and/or Portfolio Solutions.
- Strong analytical skills to interpret risk level data, translate insights into underwriting decisions and make portfolio recommendations.
- Ability to maintain high-quality underwriting files and documentation within the defined underwriting file structure.
- Understanding of underwriting governance, risk appetite frameworks, and file quality expectations, consistent with AIG underwriting policy standards.
- Ability to work cross-functionally with underwriting, actuarial, operations, DA teams, finance and product leadership.
- Excellent communication and relationship-management skills for engaging brokers, coverholders, internal CUOs, and governance teams.
- Proficiency in Excel, Power BI or similar analytical tools.
- A collaborative mindset and ability to thrive in a dynamic, growth-oriented environment.
- Attention to detail and commitment to compliance with Lloyd’s, regulatory, and AIG/Talbot standards.
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.
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.
Portfolio Solutions - Class Underwriter employer: Dormont Manufacturing Co
At Talbot and AIG, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our London headquarters provides a vibrant environment where employees can thrive, supported by a comprehensive Total Rewards Program that prioritises health, wellbeing, and professional development. Join us to be part of a leading team in the Lloyd’s Insurance Market, where your contributions will directly impact our clients and the industry at large.
StudySmarter Expert Advice🤫
We think this is how you could land Portfolio Solutions - Class Underwriter
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Dormont Manufacturing Co). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Dormont Manufacturing Co. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Portfolio Solutions - Class Underwriter
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Dormont Manufacturing Co.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Dormont Manufacturing Co. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Dormont Manufacturing Co
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Dormont Manufacturing Co to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Dormont Manufacturing Co, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Dormont Manufacturing Co's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
