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Senior Underwriter, UK Financial Institutions

2 months ago


London, United Kingdom AIG Full time

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Underwriter, Financial Institutions, to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Underwriting

AIG Underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients. We are reimagining how we help customers to manage risk, transforming our operating model and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.

How you will create an impact

  • Underwrite within agreed London Financial Institutions decision making standards, guidelines 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.
  • Provide excellent service to brokers through consistent, timely, and proactive approach to underwriting. Ensure all brokers and clients are treated fairly.
  • Exhibit sales orientated behaviours, defined by Management as: motivated, 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)
  • Connect Underwriters with brokers. Be responsible for informing Underwriters of broker networking opportunities as they arise.
  • Ensure compliance with key regulatory and risk management responsibilities.
  • Ensure contract certainty.
  • Conduct self-audit as required.

What you’ll need to succeed

  • Proven underwriting experience is required in the London Financial Institutions classes.
  • Experience presenting and selling Financial Institutions to clients.
  • Customer-centric approach.
  • Strong communication skills.
  • Ability to handle multiple priorities, organise work and meet deadlines.
  • Experience analysing financial statements.
  • Enjoys networking and building relationships.

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 belonging

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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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 candidatecare@aig.com.  

Functional Area:

UW - Underwriting

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

AIG Europe S.A. (U.K. Branch) & American International Group UK Ltd