Financial Lines Underwriter, Lex London

AIG; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

An innovative insurance provider located in Greater London is seeking a skilled underwriter for their Financial Lines Department. This role requires expertise in underwriting, generating new business, and developing broker relationships. The ideal candidate will have strong risk analysis and data skills, preferably with an ACII qualification or progress towards it. They will join a collaborative team focused on delivering excellence to complex clients. Competitive benefits ensure the highest standard of support for employees.

Benefits

Comprehensive benefits package

Continuous learning and development

Culture of inclusion

Qualifications

• Experience in Financial Lines underwriting, preferably in the USFL space.
• Good risk analysis and technical skills.
• Data analytic skills to translate data into insights.

Responsibilities

• Contribute to the growth and profitability of the department.
• Drive business plans through underwriting new and renewal business.
• Generate new business by expanding the broker network.

Skills

Financial Lines underwriting

Risk analysis

Data analysis

Education

ACII qualification or working towards

Job description

Make your mark at Lex London

For more than 50 years, Lex-London has been providing innovative insurance coverage and services to companies ranging from Fortune 1000 leaders, to smaller but complex risks. As a leading surplus lines insurer, we use our unique flexibility in rate and form to benefit both traditional and the most challenging risks.

AIG Lex London are a leading provider of excess Financial Lines products in the surplus lines market. Lex-London underwriters combine deep expertise with a broad appetite for risk and are empowered to deliver for our clients and brokers. Clients also benefit from our extensive industry knowledge, specialized risk management and engineering services, and dedicated claims handling services.

How you will make an impact

• This role will contribute to the growth and profitability of the Lex-London Financial Lines Department, which is focused on meeting the needs of large and complex clients domiciled in the United States of America (its territories and possessions).

• This will be achieved by driving the business plans for our business development through underwriting new and renewal business; developing new and maintaining existing broker relationships; assisting in product development and thought leadership; executing the annual FL strategies

• This role will require assessment of desirability of risk, through thorough review of proposal, claims history and general company information.

• Use designated underwriting tools and systems, requiring accurate and consistent data entry, to streamline underwriting and information-tracking.

• The successful candidate will be expected to generate new business by expanding the broker network, attending broker events, and building new relationships across the market.

• Ensure contract certainty and compliance with key regulatory, risk management responsibilities; and underwrite within agreed decision-making standards, limitations and underwriting authority.

• There will be significant interaction and collaboration with AIG colleagues in the USA and Bermuda who may underwrite on the same / similar programs, to ensure consistent messaging and the best outcome for AIG as a whole.

What you'll need to succeed

• Experience in Financial Lines underwriting, preferably inthe USFLspace

• Ideally ACII qualified, or working towards.

• Good risk analysis and technical skills.

• Good data analytic skills and ability to create, read, understand and translate data to provide risk and portfolio insights.

Ready to take the next step in your career? We'd love to hear from you!

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 AIG Europe S.A. (U.K. Branch) & American International Group UK Ltd