Specialist, Underwriting Support
Specialist, Underwriting Support

Specialist, Underwriting Support

Full-Time 36000 - 60000 Β£ / year (est.) No home office possible
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Dr Jobs

At a Glance

  • Tasks: Support underwriters by screening risks and managing policy processes.
  • Company: AIG is a global leader in insurance, protecting assets for over 100 years.
  • Benefits: Enjoy comprehensive benefits, professional development, and a supportive work culture.
  • Other info: Complete a free virtual job simulation to experience a day at AIG!
  • Why this job: Join a dynamic team that values innovation and inclusion while making a real impact.
  • Qualifications: A Bachelor's degree or equivalent experience; knowledge of commercial insurance preferred.

The predicted salary is between 36000 - 60000 Β£ per year.

Who we areAmerican International Group Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience today AIG member companies provide a wide range of property casualty insurance life insurance retirement solutions and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets manage risks and provide for retirement security.Get to know the businessGeneral Insurance is a leading provider of insurance products and services for commercialand personal insurance customers. It includes one of the worlds most far-reaching property casualty networks. General Insurance offers a broad range of products to customers througha diversified multichannel distribution network.About the roleWhat you need to know:This position is part of the UW support career progression and may report to a Senior Specialist UW Support Team Leader or to a Team Manager Underwriting role assists the underwriters by screening risk offerings and with pre and post-binding processes. The role also performs services including problem-solving or research projects requiring broad insurance and/or procedural knowledge and works under direct supervision.In addition to the traditional UA duties this role will:Support regional UA Manager in overseeing all daily business activities and act as the first point of call for all UAs in the regionReview new submissions against prescribed criteria to determine if risk qualifies for LOB risk appetite.Performs a comparison of renewal submission information against prior year information and documents differences for underwritingRenewals – prior to policy expiration reviews policies for manuscript endorsements and initiates the manuscript endorsement approval process on behalf of underwriting.Issues policies endorsements and cancellations; prepares policy writing instructions and premium billings and processes individual policy filings.Completes loss rating and develops initial pricing basic coverage structuring quotation and binder packages on behalf of the underwriter.Designated as the first point of contact for brokers.Assists the underwriter in the preparation of business and metric reports; assists in the review of procedures to resolve issues.Trains and provides oversight of less experienced support staff.Performs quality control of premium audit statements prior to underwriting review; documents discrepancies and work with the premium auditor for resolution.What were looking for:Knowledge of commercial insurance policy forms and regulatory requirements; Bachelors degree preferred or equivalent work experience.Ability to prioritise i.e. able to navigate and switch between multiple proprietary vendor web-based and standard computer systems.Proficiency in Microsoft Office.Willingness to learn from experiences and new situations.Ability to anticipate client (internal and external) needs and act proactively.Ability to identify problems and match to the appropriate solutions.Demonstrate attention to detail to ensure accurate documentation is maintained.Ability to mentor peers in the team.We would encourage you to complete our free virtual job simulation to experience a day in the life at AIG! Get started by enrolling here.#LI-AIGAt 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 whats 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 securityas well as your professional developmentto 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 worlds 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 inclusionWere committed to creating a culture that truly respects and celebrates each others 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 AIGs 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 .Functional Area:UW – UnderwritingAIG Europe S.A. (U.K. Branch) & American International Group UK LtdRequired Experience:Unclear Seniority Key Skills Children Activity,Access Control,Human Resources Administration,Government,Actuary,Hydraulics Employment Type : Full-Time Experience: years Vacancy: 1

Specialist, Underwriting Support employer: Dr Jobs

At AIG, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation. Our Total Rewards Program ensures that our employees' health, wellbeing, and professional development are prioritised, while our commitment to inclusion and continuous learning creates a supportive culture where everyone can thrive. Join us in London, where you will have the opportunity to grow your career in the insurance industry alongside a diverse team dedicated to making a meaningful impact.
Dr Jobs

Contact Detail:

Dr Jobs Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Specialist, Underwriting Support

✨Tip Number 1

Familiarise yourself with the specific underwriting processes and terminology used in commercial insurance. Understanding the nuances of risk assessment and policy forms will give you an edge during interviews.

✨Tip Number 2

Network with professionals in the insurance industry, especially those working in underwriting. Attend relevant events or join online forums to gain insights and potentially get referrals for the position.

✨Tip Number 3

Demonstrate your problem-solving skills by preparing examples of how you've successfully navigated challenges in previous roles. This will show your ability to handle the responsibilities outlined in the job description.

✨Tip Number 4

Take advantage of our free virtual job simulation to understand the day-to-day tasks of the role. This experience can help you articulate your fit for the position during the interview process.

We think you need these skills to ace Specialist, Underwriting Support

Knowledge of commercial insurance policy forms
Regulatory requirements understanding
Proficiency in Microsoft Office
Attention to detail
Problem-solving skills
Ability to prioritise tasks
Research skills
Effective communication skills
Mentoring and training abilities
Experience with underwriting processes
Ability to navigate multiple computer systems
Client needs anticipation
Quality control experience
Documentation skills

Some tips for your application 🫑

Understand the Role: Before applying, make sure you fully understand the responsibilities of the Specialist, Underwriting Support position. Familiarise yourself with the key tasks mentioned in the job description, such as supporting underwriters and performing quality control.

Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job requirements. Emphasise your knowledge of commercial insurance policy forms, proficiency in Microsoft Office, and any experience in underwriting support.

Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific examples from your past experiences that demonstrate your ability to handle the responsibilities outlined in the job description.

Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. Attention to detail is crucial in this role, so ensure your application reflects that quality.

How to prepare for a job interview at Dr Jobs

✨Understand the Role

Make sure you have a clear understanding of the Specialist, Underwriting Support role. Familiarise yourself with the key responsibilities such as screening risk offerings and assisting underwriters. This will help you answer questions confidently and demonstrate your knowledge.

✨Showcase Your Problem-Solving Skills

Since the role involves problem-solving and research projects, be prepared to discuss specific examples from your past experiences where you successfully identified issues and implemented solutions. This will highlight your analytical skills and ability to think critically.

✨Demonstrate Attention to Detail

Attention to detail is crucial in underwriting support. Bring examples of how you've maintained accurate documentation or caught discrepancies in previous roles. This will show that you can handle the meticulous nature of the job.

✨Prepare Questions for Your Interviewers

Having thoughtful questions ready for your interviewers can set you apart. Ask about the team dynamics, the training process for new hires, or how success is measured in the role. This shows your genuine interest in the position and the company.

Specialist, Underwriting Support
Dr Jobs
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