Underwriter, Lex London Property

AIG; London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading global insurance provider in London seeks an Underwriting professional to assess risks and generate business. Ideal candidates will have experience in Casualty underwriting and possess strong data analytic abilities. Excellent communication skills are essential. AIG values in-person collaboration and offers comprehensive benefits designed for employee well-being.

Benefits

Comprehensive benefits package

Health and wellbeing support

Professional development opportunities

Qualifications

• Proven experience in Casualty underwriting, preferably in the US Property space.
• Good data analytic skills to provide risk and portfolio insights.
• Excellent verbal and written communication skills.

Responsibilities

• Assess risk through review of proposals and financial reports.
• Generate new business by expanding broker network.
• Ensure compliance with regulatory and risk management responsibilities.

Skills

Casualty underwriting

Data analytic skills

Communication skills

Education

ACII qualified or equivalent

Job description

For more than 50 years, Lex-London has been providing innovative insurance coverage and services to companies ranging from Fortune 100 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.

Your future team:

AIG’s underwriters develop insurance solutions that address the exposures of companies and individuals, and embody AIG’s tradition of innovation, bringing to market ground-breaking insurance solutions for our changing world. AIG’s 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’ll make an impact:

• Assess desirability of risk through thorough review of proposal, claims history and general company information; together with analysis of financial reports (as required); and regular contact with broker
• Use designated Underwriting system(s) to streamline underwriting and information-tracking approach across Profit Centre. Input required data consistently and accurately
• Generate new business by expanding 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
• Provide general back-up and support to more senior members of the Underwriting team to ensure overall department objectives are met

What you’ll need to succeed:

• Proven experience in Casualty underwriting, preferably in the US Property space.
• Ideally ACII qualified, or working towards (or equivalent),
• Good data analytic skills and ability to create, read, understand and translate data to provide risk and portfolio insights,
• 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 - Underwriting AIG Europe S.A. (U.K. Branch) & American International Group UK Ltd