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Salary
$67k – $116k per year (Estimated)
Location
In office (London)
Seniority
Senior
Employment
Full-Time
Overview
Company
Impact
Profile match

AIG

American International Group is an insurer founded in Shanghai in 1919 that grew into one of the largest financial institutions in the world before its near-collapse in 2008, when losses on credit default swaps written against mortgage securities forced the largest government rescue of a single company in American history. It has spent the years since dismantling that conglomerate, separating its life and retirement business as Corebridge and selling numerous units, and it now concentrates on commercial property and casualty insurance. Headquartered in New York, it is a considerably smaller and simpler company than the one that failed.

Join us as a Senior Underwriter to grow your career at the forefront of London Casualty.

Make your mark in Casualty UK

AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. 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.

Purpose of the role:

To contribute to the business by underwriting new and renewal business, developing and maintaining relationships with new and existing brokers, building strong client relationships and working to carry out agreed strategies within the General Casualty team. The main focus will be within the Risk Managed area of the Portfolio which captures large and complex clients who tailor coverage limits, deductibles and risk-engineering services to match the company's specific risk appetite.

How you'll make an impact:

  • Ensure that AIG procedures are consistently implemented.
  • Maintain AIG standards and service levels.
  • Prepare bespoke policy documentation.
  • Maintain focus on industry practices, developments and pricing.
  • Produce accurate and timely management information for senior management.
  • Underwrite and service risks to an acceptable AIG standard.
  • Develop a profitable book of business through a selection of brokers.
  • Make informed underwriting decisions within the authority delegated.
  • Assist less experienced underwriters in the team and support training and development.
  • Produce files for Self-Audits to the agreed AIG Casualty standards.

What you'll need to succeed:

  • Ideally ACII qualified or working towards (or equivalent).
  • Excellent knowledge of Casualty underwriting principles and practice.
  • Excellent knowledge of Liability products.
  • Proficient knowledge of key regulatory requirements.
  • Proven general underwriting experience, preferably in Casualty lines.
  • Excellent risk analysis and technical skills.
  • Ability to build relationships with brokers and senior management.

Ready to take the next step in your career? We'd love to hear from you!

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 [email protected].

Functional Area:

UW - UnderwritingAIG Europe S.A. (U.K. Branch) & American International Group UK Ltd
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