At a Glance
- Tasks: Manage and assess risks while underwriting business in a dynamic environment.
- Company: Join Talbot and AIG, leaders in risk management innovation.
- Benefits: Competitive salary, growth opportunities, and a collaborative team culture.
- Other info: Work with diverse teams and enhance your career in a supportive setting.
- Why this job: Make a real impact on portfolio strategy and product development.
- 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. Make your mark in Talbot.
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.
Ready to take your career to the next level? We would love to hear from you.
Portfolio Solutions - Class Underwriter in London employer: Talbot Underwriting
Contact Detail:
Talbot Underwriting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Portfolio Solutions - Class Underwriter in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Talbot and AIG. Use LinkedIn to connect and engage with them; you never know who might have the inside scoop on job openings.
✨Tip Number 2
Prepare for interviews by researching the company’s values and recent projects. Tailor your answers to show how your skills align with their mission of managing risk and transforming customer service.
✨Tip Number 3
Showcase your analytical skills! Be ready to discuss how you've used data to make decisions in past roles. Bring examples that highlight your experience with underwriting and risk assessment.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the Talbot and AIG team.
We think you need these skills to ace Portfolio Solutions - Class Underwriter in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your underwriting experience, especially within Lloyd’s or company markets, to show us you’re the right fit for the Portfolio Solutions Underwriter role.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you’re passionate about underwriting and how you can contribute to our team. Mention specific examples of your analytical skills and how you've successfully managed risks in previous roles.
Showcase Your Analytical Skills: Since strong analytical skills are key for this role, make sure to include any relevant experience with data interpretation and risk assessment. We want to see how you’ve used these skills to make informed underwriting decisions.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates during the process!
How to prepare for a job interview at Talbot Underwriting
✨Know Your Underwriting Stuff
Make sure you brush up on your underwriting knowledge, especially within the Lloyd’s market. Be ready to discuss your experience with binding authorities and how you've assessed risks in the past. This will show that you understand the core responsibilities of the role.
✨Show Off Your Analytical Skills
Prepare to demonstrate your analytical prowess. Bring examples of how you've used data to make underwriting decisions or improve portfolio performance. If you can, use specific metrics or outcomes to illustrate your impact—this will really impress the interviewers.
✨Communicate Like a Pro
Since this role involves working closely with brokers and internal teams, practice your communication skills. Think about how you can convey complex information clearly and effectively. Role-play potential scenarios where you might need to explain underwriting decisions or collaborate on strategies.
✨Be Ready for Questions on Governance
Familiarise yourself with underwriting governance and risk appetite frameworks. Expect questions on how you ensure compliance with standards and how you maintain high-quality documentation. Showing that you understand these processes will highlight your attention to detail and commitment to quality.