Property and Casualty Underwriter

AIG; London; On-site; GBP 125,000 - 150,000; Full time

Job summary

A global insurance leader is looking for an Underwriter to focus on underwriting new and renewal business in London. Ideal candidates will have some underwriting experience or relevant skills, strong communication abilities, and be customer-oriented. The role involves building broker relationships and assessing risk. The company values in-person collaboration and offers a comprehensive benefits package to support employee well-being.

Benefits

Comprehensive benefits package

Career development opportunities

Inclusion and belonging initiatives

Qualifications

• Some underwriting experience is preferred, but other relevant experience is welcome.
• Ability to analyze financial statements is necessary.
• Strong communication and relationship-building skills are required.
• Customer and Sales-oriented behaviors are a must.

Responsibilities

• Focus on underwriting new and renewal business for the Casualty Product.
• Assess risk through contact with brokers and reviews of claims.
• Provide excellent service to brokers through proactive underwriting.
• Generate new business and maintain broker relationships.

Skills

Underwriting experience

Analytical skills

Communication skills

Networking skills

Organizational skills

Job description

This Underwriter role will be an ideal next step in your career if you already have some relevant experience in insurance – or this could be your entry into underwriting if you have transferable skills.

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.

How you will create an impact

• This role will focus on underwriting new and renewal business to help drive the profitable growth of our Casualty Product but as a P&C Underwriter by working on creative solutions for multi-line mid-market risks.
• You will be responsible for assessing the desirability of risk through regular contact with brokers, close co-ordination with AIG subject matter experts and robust reviews of claims history and general company information.
• Your relationships with brokers will be key to your success. You will need to provide excellent service to brokers through a consistent, timely, and proactive approach to underwriting. You will also aim to generate new business by expanding your broker network, attending broker events, and building new relationships across the market – in line with a sales plan established with your manager.
• Another key aspect of the role is the provision of accurate monthly management information including submissions, bind rate, average premium, and total premium.

What you’ll need to succeed

• Some underwriting experience is preferred; however, you are welcome to apply if you have other relevant professional experience.
• The ability to analyse financial statements.
• Strong communication, networking and relationship building skills.
• Good organizational and time management skills.
• Customer and Sales orientated behaviours: motivated, tenacious, focused, technically skilled, proactive, and accountable.

Ready to prove your potential? We would 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