Senior Underwriter, Commercial Property

AIG; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading global insurance firm is seeking a Senior Underwriter for Commercial Property to manage risk and develop broker relationships. The ideal candidate will possess extensive property underwriting experience and strong technical insurance knowledge. Skills in negotiation and a solid understanding of both client and broker needs are essential. The role emphasizes teamwork and offers a culture where your contributions will be valued.

Benefits

Comprehensive benefits package

Professional development opportunities

Qualifications

• Experience underwriting Public Sector accounts is an advantage.
• Ability to understand and construct complex policy wordings.
• Strong communication skills for presenting to stakeholders.

Responsibilities

• Develop and lead broker relationships.
• Contribute to the strategic development of the Retail Property portfolio.
• Support continuous improvement of processes.

Skills

Extensive property underwriting experience

Strong technical insurance knowledge

Excellent interpersonal skills

Understanding of facultative reinsurance

Proven ability to lead negotiations

Numerate and competent in IT packages

Education

Bachelor’s Degree or equivalent

ACII certification

Tools

Microsoft Office

Microsoft Excel

Job description

Overview

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

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.

Responsibilities

• Contribute to the strategic development of our Retail Property portfolio, comprising AIG’s Upper Middle Market and Local Authority clients
• Develop and lead broker relationships establishing accretive pipelines, and opportunities for cross selling across the AIG network.
• Work cross functionally with other areas in AIG to achieve corporate objectives.
• Work within agreed decision-making standards, limitations, authorities and underwriting guidelines.
• Working collaboratively in a team environment assisting underwriters and underwriting assistants, including development and training of junior staff
• Achieve satisfactory ratings on all underwriting quality reviews.
• Leverage reinsurance to support business strategy
• 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.
• Provide a superior experience for broker and client relationships and take ownership of the management of relationships throughout the entire life cycle of our insurance products
• Identify and develop client focused products and strategies.
• 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.

Qualifications

• Bachelor’s Degree or equivalent if preferred. ACII is an advantage.
• Extensive property underwriting experience and strong technical insurance knowledge. Experience underwriting Public Sector accounts is an advantage
• Understanding of facultative reinsurance
• Extensive broker relationships across London & SE
• Proven ability to lead client and broker negotiations
• Strong ability to understand and construct complex policy wordings
• Excellent interpersonal, written communication skills including delivery of presentations to all levels of stakeholders, including claims and distribution (both broker and client engagement).
• An appreciation and understanding of legal/regulatory requirements
• Proven ability to build relationships with brokers and clients.
• Highly numerate and competent in IT packages including Microsoft office and advanced skills in Microsoft Excel.

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

Benefits

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.

About AIG

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.

Inclusion

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].