Head of FI Underwriting

TN United Kingdom; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Head of Financial Institutions Underwriting to lead a dynamic team in London. This role offers the chance to shape underwriting strategies, manage a talented team, and drive business growth in a collaborative environment. You will play a crucial role in ensuring compliance with underwriting authority while facilitating the career development of your team. Join a company that values diversity and invests in your professional growth, providing a supportive culture and comprehensive benefits to enhance your work-life balance.

Benefits

Comprehensive health benefits

Flexible work arrangements

Professional development opportunities

Diversity initiatives

Employee Resource Groups (ERGs)

Qualifications

• Experience in managing underwriting authority and compliance.
• Strong knowledge of Financial Institutions products and market.

Responsibilities

• Manage performance of underwriting team and support staff.
• Implement marketing strategies and cross-selling opportunities.
• Review and update underwriting guidelines annually.

Skills

London Market experience

Knowledge of FI products

Underwriting authority compliance

Marketing strategy implementation

Education

Chartered Insurance Institute (Advanced Diploma)

Degree in relevant field

Job description

Join us as Head of Financial Institutions Underwriting 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 Head of FI 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 various 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 diverse, geographically spread portfolio, Talbot has earned a reputation as an industry-leading insurance and reinsurance specialist.

How you will create an impact

• Comply with the terms of personal underwriting authority.
• Collaborate with the Head of Financial Lines to manage the achievement of the business plan, including identifying deviations.
• Implement marketing strategies, including cross-selling opportunities and new product development.
• Assist in the reinsurance purchasing strategy for the Financial Institutions portfolio.
• Review and update the Financial Institutions Underwriting Guidelines at least annually.
• Ensure underwriters with FI authority adhere to personal underwriting authority.
• Conduct FI business in accordance with policies, procedures, and service levels.
• Manage performance of direct reports and underwriting support staff.
• Report to Talbot management committees.
• Facilitate career development for FI team members.
• Operate in compliance with all regulatory standards and principles.
• Support other syndicate staff with information and assistance as needed.

What you’ll need to succeed

• Preferred London Market experience.
• Detailed knowledge of FI products.
• Chartered Insurance Institute (Advanced Diploma) and/or degree preferred.

Ready to take your career to the next level? We would love to hear from you.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. Our Total Rewards Program offers comprehensive benefits focusing on your health, wellbeing, financial security, and professional growth—bringing 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 insurance solutions, with a vast property casualty network. Join us to support individuals, businesses, and communities in managing risk and discovering new potential. We invest in our people through continuous learning and foster a culture that values diversity and inclusion.

Welcome to a culture of belonging

We’re committed to respecting and celebrating talents, backgrounds, and goals. Our inclusive culture is supported by flexible work arrangements, diversity initiatives, and Employee Resource Groups (ERGs). Our commitment to diversity has been recognized through numerous 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 protected category.

Functional Area: UW - Underwriting

Talbot Underwriting Services Ltd (TS1)