Senior Underwriter, Cyber
24 hours 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.
About the role
What you need to know:
This role will contribute to the growth of the Financial Lines, Cyber by: driving the business plans for our London business development through - Underwriting new and renewal business; developing and maintaining relationships with existing brokers; assisting in Cyber including Cyber product development and thought leadership; and executing the annual Cyber strategies.
**Responsibilities**:
Financial:
- Meet individual underwriting expectations to help team achieve budgeted financial objectives.
- Proven track record of developing Cyber new business in the London Market.
- Meet the budgeted team retention targets for the London Cyber Team.
Business Process:
- A solid experience in underwriting Cyber 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 as required.
Customer and Sales:
- Proven track record of providing excellent service to brokers through consistent, timely, and proactive approach to Underwriting & business development.
- Exhibit sales orientated behaviours, defined by Management as: motivated, tenacious, production focused, technically skilled, proactive, and accountable.
- Generate new business by expanding broker network, attending broker events, and building new relationships across the market.
- Be responsible for meeting larger proportion of new business target(s).
- Provide excellent service to brokers through consistent, timely, and proactive approach to underwriting.
- Serve as guide and/or referral point for Underwriters.
- Support other Underwriters and help develop networking opportunities as they arise
People:
- Establish strong existing relationships with brokers, maintaining those relationships through attending and organizing regular broker events.
- Ensure all brokers and clients are treated fairly.
- Ensure customer-centric approach.
- Support team building and team strategies and goals.
Reporting/Compliance:
- Ensure contract certainty.
- Conduct self-audit/Peer-Review as required.
- Ensure compliance with key regulatory and risk management responsibilities, including but not limited to audits, sanctions, expenses, this list is not exhaustive, is just an example.
What we’re looking for:
- Underwriting experience is required,
- Cyber Underwriting experience very valuable
- Strong communication skills
- Time management - ability to handle multiple priorities, organise work and meet deadlines
- Ability to analyse financial statements
- Ability to network and build relationships
- Organizational skills
- Customer and sales focused
- Tenacious, motivated, proactive, can produce results
- Able to work in a cooperative team environment
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 Eu
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