At a Glance
- Tasks: Drive growth in Political Risk underwriting and develop innovative insurance solutions.
- Company: Join Talbot, a leading insurance specialist within the Lloyd's Insurance Market.
- Benefits: Competitive salary, career development opportunities, and a dynamic work environment.
- Why this job: Make a real impact in risk management while collaborating with top industry professionals.
- Qualifications: Extensive London Market experience and strong broker relationships required.
- Other info: Opportunity for career progression and to mentor junior team members.
The predicted salary is between 36000 - 60000 £ per year.
At Talbot and AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Class Underwriter - Political Risk to play your part in that transformation. It is 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.
As a Senior Class Underwriter you will play a key role in the continued growth and success of the team and wider portfolio.
Responsibilities:- Contribute as a senior member of the team to meeting the Business Plan.
- Assist with growth initiatives via development of new business, new products/sub-products, or new distribution initiatives.
- Assist in the reinsurance purchasing strategy for Political Risk and attend meetings with reinsurers if required.
- Comply with the terms of personal underwriting authority.
- Communicate Talbot's underwriting appetite to brokers and clients.
- Participate in collaboration initiatives with AIG colleagues.
- Leverage broker/client relationships to ensure Talbot sees all business that fits within underwriting appetite.
- Ensure that Political Risk business is conducted, processed, and administered in accordance with the prevailing applicable policies, procedures and agreed service levels.
- Meet annual CPD and training requirements in a timely manner.
- Assist with career development and progression of more junior team members.
- Act in accordance with all regulatory standards and principles at all times.
- Provide information and assistance as needed to ensure that other syndicate staff can carry out their responsibilities.
- Extensive London Market experience critical.
- Detailed knowledge of Political Risk products (Contract Frustration, Credit & PR).
- Chartered Insurance Institute (Advanced Diploma) and/or degree preferred.
- Educated to degree level preferred.
- Strong broker relationships.
- Willingness to travel.
Senior Class Underwriter in London employer: Talbot Underwriting
Contact Detail:
Talbot Underwriting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Class Underwriter in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, especially those in the London Market. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn – you never know who might have the inside scoop on job openings.
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers or during interviews, make sure to highlight your extensive knowledge of Political Risk products. Share specific examples of how you've successfully navigated challenges in the past.
✨Tip Number 3
Be proactive! Don’t just wait for job postings to pop up. Reach out directly to companies like Talbot and AIG through our website. Express your interest in the Senior Class Underwriter role and ask if there are any upcoming opportunities that might not be advertised yet.
✨Tip Number 4
Prepare for interviews by brushing up on your understanding of the business plan and growth initiatives at Talbot. Be ready to discuss how you can contribute to their success and align with their goals. Confidence and preparation go a long way!
We think you need these skills to ace Senior Class Underwriter in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Class Underwriter role. Highlight your experience in the London Market and any specific knowledge of Political Risk products. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how you can contribute to our team at Talbot. Be sure to mention any relevant achievements that showcase your expertise.
Showcase Your Broker Relationships: Since strong broker relationships are key for this role, make sure to highlight any connections you have in your application. We love seeing how you can leverage these relationships to benefit Talbot and our clients.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Talbot Underwriting
✨Know Your Political Risk Products
Make sure you brush up on your knowledge of Political Risk products, especially Contract Frustration and Credit & PR. Being able to discuss these in detail will show that you're not just familiar with the terms but understand their implications and applications.
✨Showcase Your London Market Experience
Highlight your extensive experience in the London Market during the interview. Be prepared to share specific examples of how you've navigated challenges or contributed to growth initiatives in previous roles. This will demonstrate your capability to thrive in Talbot's environment.
✨Build Rapport with Brokers
Since strong broker relationships are crucial for this role, think of ways to illustrate your networking skills. Share anecdotes about how you've successfully collaborated with brokers in the past, and be ready to discuss how you would leverage those relationships at Talbot.
✨Prepare Questions About Growth Initiatives
Come prepared with insightful questions about Talbot's growth initiatives and how you can contribute. This shows your genuine interest in the company’s future and your eagerness to be a part of it. It also gives you a chance to assess if the company aligns with your career goals.