Head of FI Underwriting

American International Group; London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading global insurance organization seeks a Head of Financial Institutions Underwriting to enhance their operational impact. This role involves managing underwriting activities, ensuring compliance, and driving the success of the Financial Institutions portfolio. Candidates should possess deep knowledge of FI products, with a preference for those with London Market experience, and will benefit from a comprehensive rewards program that supports professional growth and personal wellbeing.

Benefits

Comprehensive benefits package

Continuous learning and development opportunities

Flexible work arrangements

Diversity and inclusion programs

Qualifications

• Detailed knowledge of Financial Institutions (FI) products required.
• London Market experience preferred.
• Relevant qualifications such as an Advanced Diploma or degree are advantageous.

Responsibilities

• Comply with underwriting authority terms and manage business achievement.
• Implement marketing plans for cross-selling and new products.
• Manage performance of direct reports and ensure compliance with standards.

Skills

Knowledge of FI products

London Market experience

Education

Chartered Insurance Institute (Advanced Diploma)

Degree

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 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

• Comply with the terms of personal underwriting authority.
• Work with the Head of Financial Lines in managing the achievement of the business plan, including identifying material deviations.
• Implement marketing plans, including opportunities for cross-selling and developing new products.
• Assist in the reinsurance purchasing strategy for the Financial Institutions portfolio
• Ensure that the Financial Institutions Underwriting Guidelines are reviewed and updated at least annually.
• Ensure underwriters with FI authority underwrite in accordance with personal underwriting authority.
• Ensure that FI business is conducted, processed and administered in accordance with the prevailing applicable policies, procedures and agreed service levels.
• Manage performance of direct reports and embedded underwriting support resource.
• Report to the relevant Talbot management committees.
• Facilitate career development and progression of FI 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.

What you’ll need to succeed

• London Market experience preferred.
• 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. 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 belonging

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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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:

About the company

We're a leading global insurance organization with operations in more than 80 countries and jurisdictions. We provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to support our clients in business and in life through our General Insurance, Life & Retirement and Investments business units.What unites us across all of these offerings is our commitment to helping individuals, businesses and communities prepare for and respond to times of uncertainty. Whether serving those facing natural disasters or millions of Americans striving for a financially secure retirement, we have the specialist expertise to help clients better manage risk.

Notice

Talentify is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

Talentify provides reasonable accommodations to qualified applicants with disabilities, including disabled veterans. Request assistance at [e-mail] or 407-000-0000.

Federal law requires every new hire to complete Form I-9 and present proof of identity and U.S. work eligibility.

An Automated Employment Decision Tool (AEDT) will score your job-related skills and responses. Bias-audit & data-use details: www.talentify.io/bias-audit-report . NYC applicants may request an alternative process or accommodation at [e-mail] or 407-000-0000.