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In office (Glasgow)
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Senior
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Full-Time
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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 Property & Casualty Underwriter to grow your career at the forefront of Commercial Property Insurance and help develop AIG’s property portfolio in the North.

Make your mark in Underwriting

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.

How you will create an impact

A Property Underwriter in our P&C team, you will develop risk transfer solutions for mid to large corporate property clients broked in the UK Regions. This role is a unique opportunity to join a high performing team and contribute to a growth area of the business with significant scope to influence and develop AIG’s property portfolio in the North.

Responsibilities:

  • This role will focus on underwriting new and renewal business to help drive the profitable growth of our Commercial Property Product but as a P&C Underwriter by working on creative solutions for multi-line mid-market risks.

  • Assist in the development of our middle market portfolio; build visibility with brokers and clients.

  • Work cross functionally with other areas in AIG to achieve corporate objectives.

  • Work within agreed decision-making standards, limitations, authorities, and underwriting guidelines.

  • Achieve satisfactory ratings on all underwriting quality reviews.

  • Ensure all corporate service standards are maintained to both brokers & internal colleagues.

  • Support the culture of continuous improvement in all areas including improving processes to make the business more efficient and creating an environment where people are encouraged to take initiative and responsibility.

What you’ll need to succeed

  • Commercial property underwriting experience combined with technical insurance knowledge.

  • A desire to develop your property underwriting technical capability, including in relation to reinsurance and multinational insurance programmes

  • Experience working with regional brokers and a desire to proactively expand your broker network

  • Ability to understand policy wordings

  • Experience and comfort working in a multi-stakeholder, collaborative environment

  • Desire to work in an entrepreneurial environment as a key contributor to the development of AIG’s Regional property portfolio in the North

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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