Specialist, Underwriting Support

AIG Insurance; Greater London; On-site; GBP 30,000 - 45,000; Full time

Job summary

A global insurance company is seeking an Underwriting Support professional to assist with risk offerings and pre/post-binding processes. This role involves overseeing daily activities for underwriting assistants, reviewing submissions, and preparing reports. Candidates should possess insurance knowledge, a bachelor's degree or equivalent experience, and be proficient in Microsoft Office. Attention to detail and a willingness to learn are essential. This position offers the opportunity to mentor peers and support business operations.

Qualifications

• Knowledge of commercial insurance policy forms and regulatory requirements.
• Ability to anticipate client needs and act proactively.
• Willingness to learn from experiences and new situations.

Responsibilities

• Support regional Underwriting Assistant Manager with daily business activities.
• Review new submissions against prescribed criteria.
• Assist underwriters in preparing business and metric reports.
• Train and provide oversight of less experienced support staff.
• Perform quality control of premium audit statements.

Skills

Knowledge of commercial insurance policy forms

Ability to prioritize

Proficiency in Microsoft Office

Attention to detail

Ability to mentor peers

Education

Bachelor's degree or equivalent work experience

Job description

What you need to know :

This position is part of the Aerospace underwriting support career progression and may report to a Senior Specialist Underwriting Support Team Leader or to a Team Manager Underwriting role assists the underwriters by screening risk offerings and with pre and post-binding processes. The role also performs services including problem-solving or research projects requiring broad insurance and / or procedural knowledge and works under direct supervision.

In addition to the traditional Underwriting Support duties this role will :

• Support regional Underwriting Assistant Manager in overseeing all daily business activities and act as the first point of call for all Underwriting Assistants in the region
• Review new submissions against prescribed criteria to determine if risk qualifies for line of business risk appetite.
• Performs a comparison of renewal submission information against prior year information and documents differences for underwriting
• Renewals - prior to policy expiration reviews policies for manuscript endorsements and initiates the manuscript endorsement approval process on behalf of underwriting.
• Issues policies endorsements and cancellations; prepares policy writing instructions and premium billings and processes individual policy filings.
• Completes loss rating and develops initial pricing basic coverage structuring quotation and binder packages on behalf of the underwriter.
• Designated as the first point of contact for brokers.
• Assists the underwriter in the preparation of business and metric reports; assists in the review of procedures to resolve issues.
• Trains and provides oversight of less experienced support staff.
• Performs quality control of premium audit statements prior to underwriting review; documents discrepancies and work with the premium auditor for resolution.

What we’re looking for :

• Knowledge of commercial insurance policy forms and regulatory requirements; Bachelors degree preferred or equivalent work experience.
• Ability to prioritise i.e. able to navigate and switch between multiple proprietary vendor web-based and standard computer systems.
• Proficiency in Microsoft Office.
• Willingness to learn from experiences and new situations.
• Ability to anticipate client (internal and external) needs and act proactively.
• Ability to identify problems and match to the appropriate solutions.
• Demonstrate attention to detail to ensure accurate documentation is maintained.
• Ability to mentor peers in the team.

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 .