Assistant Underwriter
3 days ago
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. The Assistant Underwriter contributes to the growth of the business by being part of an effective underwriting process on new and renewal business. About the role What you need to know: - Assist in the origination and transaction of Casualty business.- Work within underwriting systems, limits and controls.- Contribution towards team target.- Comply with key regulatory and risk management responsibilities.- Track allocated workflow on AIG systems (primarily CQUAL).- Book premiums & mid-term adjustments on AIG systems (CQUAL).- Liaise with AIG service centres (e.g. policy issuance unit, multinational team, major accounts practice service team, other service centres).- Clear outstanding accounts queries and reduce error rate.- Maintain appropriate records for allocating & tracking performance v budget, renewal diaries and new business pipeline.- Promptly issue certificates (e.g. Employers Liability & Motor).- Assist in maintaining an effective filing & archiving system to aid clear desk policy.- Carry out the accountabilities and objectives within the framework of AIG Europe Limited’s Treating Customers Fairly (TCF) policy.- Maintain AIG standards and service levels.- Produce accurate and timely management information for senior management.- Implement the Regions Casualty strategy & processes.- Build on the Company profile in the market.- Work with other areas in Liability Division/AIG to achieve corporate objectives. What we’re looking for: - Educated to a minimum of GCSE standard or equivalent- Industry Qualification or working towards.- General insurance underwriting principles and practice knowledge preferable.- - Excellent organisational skills.- Ability to work on own initiative.- Good communication skills. A look at our Benefits We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing. We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress. We are an Equal Opportunity Employer American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide 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 such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives. To learn more please visit: - Reasonable accommodations will be determined on a case-by-case basis. Functional Area: UW - Underwriting Estimated Travel Percentage (%): No Travel Relocation Provided: No AIG Europe S.A. (U.K. Branch) & American International Group UK Ltd
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