Senior Underwriter - Casualty Lex London

American International Group; London; On-site; GBP 70,000 - 95,000; Full time

Job summary

A leading insurance company is seeking a Senior Underwriter to enhance its Casualty Department in London. The role involves underwriting new and renewal business, developing strong broker relationships, and assessing risk. Candidates should possess significant experience in Casualty underwriting, excellent technical skills, and the ability to work collaboratively in a fast-paced environment.

Benefits

Comprehensive benefits package

Continuous learning and development opportunities

Culture of inclusion

Employee Resource Groups (ERGs)

Qualifications

• Significant experience in Casualty underwriting.
• Good risk and data analysis skills required.
• Ability to handle multiple priorities and meet deadlines.

Responsibilities

• Drive business development through underwriting new and renewal business.
• Assess risks through detailed review of proposals and claims history.
• Maintain relationships with brokers and assist in product development.

Skills

Risk analysis

Data analysis

Negotiation

Communication

Collaboration

Education

ACII Qualified or Equivalent

Tools

Underwriting tools

IT systems

Job description

Senior Underwriter - Casualty Lex London page is loaded

Senior Underwriter - Casualty Lex London

Apply locations London time type Full time posted on Posted 2 Days Ago job requisition id JR2503262

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 casualty 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’ll make an impact

• This role will contribute to the growth and profitability of the Lex-London Casualty 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 Casualty 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.
• Ensure that AIG customers are treated fairly in accordance with AIG standards and maintain high service levels to both internal and external customers.

What you’ll need to succeed:

• Significant experience in Casualty underwriting, preferably in the US Casualty space.
• Ideally ACII qualified, or working towards (or equivalent),
• 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,
• Ability to handle multiple priorities, organize work appropriately, and consistently meet deadlines,
• Ability to network, build relationships, and work well in a team environment, with a collaborative attitude,
• Strong technical and IT skills,
• Excellent communication skills, including verbal, written and negotiation skills, and the ability to fully justify and document the decision-making process.

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

As a global risk leader with deep industry expertise and innovative solutions to smartly manage risk, AIG enables our clients’ growth in ways they never thought possible.

We also do the same for our colleagues, because we know our people are our greatest strength – the source of every insight, every idea and every innovation. When we're working as one team to do what's right for our colleagues and our communities, we can achieve excellence together. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.