Senior Underwriter, Cyber

AIG Insurance; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A global insurance leader is seeking a Senior Underwriter in Cyber & Tech to contribute to growth through strategic underwriting and relationship management. This role includes assessing risks, managing complex accounts, and developing extensive broker relationships. The ideal candidate will have substantial experience in underwriting related to technology and cyber risks. Competitive benefits ensure that employees are supported both in health and professional development. Demonstrated customer focus and strong analytical skills are essential.

Benefits

Comprehensive benefits package

Support for professional development

Culture of inclusion

Qualifications

• Minimum years of underwriting experience within Cyber & Tech.
• Strong relationship building and networking skills.
• Excellent time management to handle multiple priorities.

Responsibilities

• Underwrite new business and manage complex risks.
• Develop relationships with brokers and clients.
• Ensure compliance with regulatory and risk responsibilities.

Skills

Underwriting experience within Cyber & Tech

Multinational understanding

Time management

Ability to analyse financial statements

Ability to network and build relationships

Organisational skills

Customer and sales focused

Job description

Overview

Join us as a Senior Underwriter in Cyber & Tech to take the next step in your career.

Make your mark in Underwriting

AIGs underwriters develop insurance solutions that address the exposures of companies and individuals and embody AIGs tradition of innovation bringing to market ground-breaking insurance solutions for our changing world. AIGs underwriters help to find insurance solutions for risks from a range of areas including life insurance aviation financial lines casualty environmental catastrophic events high net worth individuals and boardroom liabilities.

How you will make an impact

This role will play a critical role in contributing to the growth of UK Cyber and Tech by driving the business plans for our annual strategies through - Underwriting new business; developing and maintaining relationships with existing brokers with a focus on the most critical global partners; taking on the management of complex risks including captive fronting programs and multinational placements and assisting in coaching of junior team members; and executing the divisional Financial Lines strategies.

Meet individual underwriting expectations to help team achieve budgeted financial objectives.

Underwrite within agreed decision making standards limitations and underwriting authority.

Assess desirability of risk through analysis of financial reports and accounts (as required); regular contact with broker; thorough review of proposal; and review of claims history and general company information.

Use designated Underwriting system(s) to streamline underwriting and information-tracking approach across Profit Centre.

Input required data consistently and accurately.

Provide Management information including but not limited to submissions bind rate average premium and total premium as required.

Provide excellent service to brokers through consistent timely and proactive approach to underwriting.

Generate new business by building on existing key global relationships and expanding broker network attending broker events market meetings client 1 to 1s and building new relationships across the market.

Be a go to for complex underwriting of risk managed solutions (captives) and multinational.

Support sales plan with UK Cyber Manager to identify brokers products and industry segments to target.

Maintain key renewal accounts at greater than 85% retention.

Liaise with PIU and Operations as policy and / or booking issues arise.

Ensure all brokers and clients are treated fairly.

Ensure customer-centric approach.

Ensure contract certainty.

Conduct self-audit as required.

Ensure compliance with key regulatory and risk management responsibilities.

Demonstrate AIG values at all time.

Qualifications

• Underwriting experience within Cyber & Tech.
• Multinational understanding.
• Time management - ability to handle multiple priorities, organise work and meet deadlines.
• Ability to analyse financial statements.
• Ability to network and build relationships.
• Organisational skills.
• Customer and sales focused.
• Exhibit sales orientated behaviours defined by Management as: motivated, tenacious, focused, technically skilled, proactive and accountable.

Customer and Sales Focused

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 whats 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.

Culture of Inclusion

Welcome to a culture of inclusion. We’re committed to creating a culture that truly respects and celebrates each others 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 AIGs greatest assets and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

Corporate

American International Group Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the worlds 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.

Equal Opportunity

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 .

Functional Area

Functional Area: UW - Underwriting

Required Experience

Senior IC

Key Skills

• Loan Processing
• Credit Analysis
• Fraud
• Math
• Risk Analysis
• Pricing
• Analysis Skills
• Fair Housing Regulations
• Equity Research
• Underwriting
• Negotiation
• RMF