Specialist, Underwriting Support

AIG; Manchester; On-site; GBP 25,000 - 35,000; Full time

Job summary

AIG is seeking an Underwriting Support professional to join their team in Manchester. This role involves assisting underwriters with screening risk offerings and overseeing daily business activities. Ideal candidates will have a strong understanding of commercial insurance policy forms, along with problem-solving skills and attention to detail. The company values collaboration and provides a comprehensive benefits package focused on employee wellbeing and professional development.

Benefits

Comprehensive benefits package

Professional development opportunities

Qualifications

• Knowledge of commercial insurance policy forms and regulatory requirements.
• Ability to navigate various computer systems.
• Willingness to learn and mentor peers.

Responsibilities

• Assist underwriters by screening risk offerings and supporting pre and post-binding processes.
• Act as the first point of contact for brokers.
• Perform quality control of premium audit statements prior to underwriting review.

Skills

Knowledge of commercial insurance policy forms

Proficiency in Microsoft Office

Problem-solving skills

Attention to detail

Education

Bachelor’s degree preferred or equivalent work experience

Job description

Who we are

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Get to know the business

General Insurance is a leading provider of insurance products and services for commercial
and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through
a diversified, multichannel distribution network.

About the role What you need to know:

This position is part of the UW support career progression and may report to a Senior Specialist, UW Support, Team Leader, or to a Team Manager, Underwriting Support.This 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 UA duties, this role will:

• Support regional UA Manager in overseeing all daily business activities and act as the first point of call for all UAs in the region
• Review new submissions against prescribed criteria to determine if risk qualifies for LOB 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; Bachelor’s 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.

#LI-AIG

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