Assistant Underwriter - Property

AIG; London; On-site; GBP 30,000 - 45,000; Full time

Job summary

A global insurance provider is seeking a Property Assistant Underwriter in London to manage risk effectively. The role involves data entry into underwriting systems, producing necessary reports, and liaising with brokers and clients. The ideal candidate should have some property underwriting experience and a good understanding of the Lloyd's market. Benefits include a comprehensive rewards program focused on well-being and professional development.

Benefits

Comprehensive benefits package

Focus on professional development

Qualifications

• Property Underwriting operational experience is desirable.
• Understanding of the insurance/Lloyd's market.
• Able to work independently with limited guidance.

Responsibilities

• Enter risks into underwriting systems.
• Analyse and assist in production of reports.
• Prepare information packs for underwriters.
• Liaise with brokers, clients, and stakeholders.

Skills

Attention to detail

Analytical skills

Knowledge of Lloyd's market

Ability to multitask

Teamwork

Education

Chartered Insurance Institute – Certificate

Job description

Join us as a Property Assistant Underwriter to make a bigger business impact with your skills and wider talents.

At Talbot, we are reimagining the way we help customers to manage risk. Join us as an Assistant 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
With offices in the U.S., London and Asia Pacific, Talbot is the managing agent of Syndicate 1183 at Lloyd’s. Syndicate 1183 underwrites a number of classes of business including war and terrorism, energy, marine, financial lines, cyber, transport, political risk, crisis management, kidnap & ransom, contingency, property and treaty reinsurance. Through its expert team of underwriters and a balanced, geographically-diverse portfolio of business, Talbot has earned a reputation as an industry-leading insurance and reinsurance specialist.

How you will create an impact

• Enter risks (including endorsements, quotes, promised lines and the like) into underwriting systems to the standard required, in accordance with applicable procedures.
• Analyse and produce/ assist in the analysis/ production of reports and statistics as required, including in respect of the business planning process and financial planning exercises.
• Assist Underwriters in the monitoring and control of specific accounts.
• Prepare information packs and accompanying summaries for underwriters as required/ requested, including the collation of broker-supplied material.
• Provide information and assistance as needed to ensure that other departments/ syndicate and agency staff can carry out their responsibilities, e.g. Exposure Management, Premium Management and Claims.
• Liaise with brokers, clients, and other key stakeholders as necessary.

What you’ll need to succeed

• Property Underwriting operational experience is desirable
• Knowledge of the Lloyds market
• Chartered Insurance Institute – Certificate

• Attention to detail

• Analytical/ numerically literate
• Understanding of the insurance/Lloyd’s market
• Able to work as part of a team or independently
• Ability to multitask and prioritize with limited guidance

Ready to step up to new challenges? We would love to hear from you.

#LI-AIG

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.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s 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 inclusion

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 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 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 [e-mail].

Functional Area:

UW - Underwriting Talbot Underwriting Services Ltd (TS1)