Major Accounts Specialist Underwriter, Commercial Property

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

Job summary

An established industry player is seeking a Senior Underwriter for Major Accounts in Commercial Property. This role offers a unique opportunity to work with high-profile clients, focusing on insurable assets over $1bn. You will lead broker relationships, drive strategic development, and contribute to a culture of continuous improvement. Join a forward-thinking company that values innovation and professional growth, providing a comprehensive benefits package to ensure your well-being and financial security. If you're ready to take the next step in your career, this is the opportunity for you.

Benefits

Comprehensive Benefits Package

Professional Development Opportunities

Flexible Work Arrangements

Diversity and Inclusion Programs

Qualifications

• Extensive experience in property underwriting with a focus on Major Accounts.
• Strong ability to lead negotiations with clients and brokers.
• Proven track record in delivering profitable returns.

Responsibilities

• Develop broker relationships and drive client service processes.
• Identify risks and develop client-focused products and strategies.
• Support continuous improvement in underwriting processes.

Skills

Property Underwriting

Client Negotiation

Policy Construction

Multinational Program Management

Interpersonal Communication

Organizational Skills

Education

Bachelor’s Degree

ACII Certification

Tools

IT Packages

Job description

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Major Accounts Specialist Underwriter, Commercial Property, London

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Client:

AIG

Location:

London, United Kingdom

Job Category:

Other

-

EU work permit required:

Yes

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Job Reference:

35241b8921cb

Job Views:

4

Posted:

02.05.2025

Expiry Date:

16.06.2025

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Job Description:

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Underwriter, Major Accounts, Commercial Property 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 Underwriting

AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. We are reimagining how we help customers to manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.

About the role

As an Underwriter in the Major Accounts Property team you will work with some of AIG’s most high-profile clients with a focus on those with total insurable assets greater than $1bn. You will partner directly with Brokers and Clients helping them to identify risks, reduce exposure and ensure they have access to AIG’s core value proposition.

How you will make an impact

Contribute to the strategic development of our Major Accounts Multinational portfolio; build visibility with brokers and clients; drive the client service process.

Develop and lead broker relationships establishing accretive pipelines, and cross selling opportunities across the AIG network.

Work cross functionally with other areas in AIG to achieve corporate objectives.

Play a key role in the development and coaching of less experienced Underwriters.

Identify and develop client focused products and strategies across the portfolio, this includes Reinsurance, where appropriate.

Support our culture for continuous improvement: improving processes to make the business more efficient and creating an environment where people are encouraged to take initiative and responsibility.

Work within agreed decision-making standards, limitations, authorities and underwriting guidelines.

Construct Policy Wordings to find suitable solutions for AIG & our clients.

Support the culture of continuous improvement in all areas including improving processes to make the business more efficient and creating an environment where people are encouraged to take initiative and responsibility.

Support the business to build a high-performance culture by coaching on technical topics and referrals, supporting managers to develop their teams and build skills and knowledge to realise current and future business objectives.

Demonstrated track record of your support of special projects, broker initiatives, product or service development, portfolio management and development of business and proactive pipelining.

Ensure all corporate service standards are maintained to both brokers & internal colleagues.

Ability to prioritise workload and to use own initiative for both internal and external issues.

Achieve satisfactory ratings on all underwriting quality reviews.

What you'll need to succeed

Extensive property underwriting experience combined with technical insurance knowledge, with a particular focus on the Major Accounts sector.

A proven ability to lead client and broker negotiations

Ability to understand and construct complex policy wordings

Experience of Multinational and Captive programmes as well as the regulatory environments and local nuances that relate to them

Education preferred: Bachelor’s Degree or equivalent. ACII is an advantage.

Extensive property underwriting experience and strong technical insurance knowledge, with particular focus on large account underwriting in the Multinational sector.

Good interpersonal and communication skills.

Proven ability to build relationships with brokers and clients.

Proven ability to implement strategic business plans.

Proven track record of delivering profitable returns.

Good organisational skills with proven ability to prioritise workload.

Highly numerate.

Competent in IT packages.

Ready to take the next step in your career? We'd 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.

Functional Area:

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Underwriter, Major Accounts, Commercial Property 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 Underwriting

AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. We are reimagining how we help customers to manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.

About the role

As an Underwriter in the Major Accounts Property team you will work with some of AIG’s most high-profile clients with a focus on those with total insurable assets greater than $1bn. You will partner directly with Brokers and Clients helping them to identify risks, reduce exposure and ensure they have access to AIG’s core value proposition.

How you will make an impact

• Contribute to the strategic development of our Major Accounts Multinational portfolio; build visibility with brokers and clients; drive the client service process.

• Develop and lead broker relationships establishing accretive pipelines, and cross selling opportunities across the AIG network.

• Work cross functionally with other areas in AIG to achieve corporate objectives.

• Play a key role in the development and coaching of less experienced Underwriters.

• Identify and develop client focused products and strategies across the portfolio, this includes Reinsurance, where appropriate.

• Support our culture for continuous improvement: improving processes to make the business more efficient and creating an environment where people are encouraged to take initiative and responsibility.

• Work within agreed decision-making standards, limitations, authorities and underwriting guidelines.

• Construct Policy Wordings to find suitable solutions for AIG & our clients.

• Support the culture of continuous improvement in all areas including improving processes to make the business more efficient and creating an environment where people are encouraged to take initiative and responsibility.

• Support the business to build a high-performance culture by coaching on technical topics and referrals, supporting managers to develop their teams and build skills and knowledge to realise current and future business objectives.

• Demonstrated track record of your support of special projects, broker initiatives, product or service development, portfolio management and development of business and proactive pipelining.

• Ensure all corporate service standards are maintained to both brokers & internal colleagues.

• Ability to prioritise workload and to use own initiative for both internal and external issues.

• Achieve satisfactory ratings on all underwriting quality reviews.

What you'll need to succeed

• Extensive property underwriting experience combined with technical insurance knowledge, with a particular focus on the Major Accounts sector.

• A proven ability to lead client and broker negotiations

• Extensive client management experience

• Ability to understand and construct complex policy wordings

• Experience of Multinational and Captive programmes as well as the regulatory environments and local nuances that relate to them

• Education preferred: Bachelor’s Degree or equivalent. ACII is an advantage.

• Extensive property underwriting experience and strong technical insurance knowledge, with particular focus on large account underwriting in the Multinational sector.

• Good interpersonal and communication skills.

• Proven ability to build relationships with brokers and clients.

• Proven ability to implement strategic business plans.

• Proven track record of delivering profitable returns.

• Good organisational skills with proven ability to prioritise workload.

• Highly numerate.

• Competent in IT packages.

Ready to take the next step in your career? We'd 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.

Functional Area:

UW - UnderwritingAIG Europe S.A. (U.K. Branch) & American International Group UK Ltd