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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.

Your future team

AIG’s underwriters develop insurance solutions that address the exposures of companies and

individuals, and embody AIG’s tradition of innovation, bringing to market ground-breaking insurance solutions for our changing world. AIG’s underwriters help to find insurance solutions for risks from a range of areas including life insurance, aviation, financial lines, casualty, environmental, catastrophic events, high net worth individuals, and boardroom liabilities.

Your Contribution to AIG

We are pleased to be recruiting for a UK Regions Property Underwriting Team Lead to join our high-performing Commercial Property team, based in Manchester.

As a high performing contributor at AIG you are the one the clients turn to in times of need. You act with speed, composure, compassion and knowledge to solve problems and the work you do every day is the heart of AIG’s business.

You will drive growth and profitability of the UK Regions portfolio by managing the UK Regions team across our branch network (Birmingham, Manchester, Leeds and Glasgow). You will be responsible for our UK Regions Property and mid-market package portfolio and look to achieve targets set by management. You will ensure exceptional customer service to both internal and external parties and consistently meet service levels and performance targets as set by the Head of UK Retail Property.

Key Responsibilities:

  • Executes strategic objectives for Property across our Regions portfolio. Drive a consistent approach with our offering across other AIG UK offices.
  • Support and execute product growth strategy for our UK Corporate Protect offering.
  • Builds and maintains strong broker and client relationships with Key identified UK Regional brokers
  • Optimises Property expertise, scale and deployment within the Property UK Regions in line with market strategies
  • Optimises team deployment to deliver strategic objectives in line with client and broker engagement models
  • Underwrite within agreed decision making standards, limitations, and underwriting authority
  • Provide guidance and consultation on underwriting issues. Act as a referral point for all accounts within authority. Ensure referrals are being handled in accordance with UK and AIG regulations.
  • Support in timely reporting of financial performance (including estimates)
  • Day to day managerial responsibility for all local UK Regions Property underwriting staff

Position Requirements

  • Strong commercial property insurance background
  • Strong local market relationships and broker network
  • Education preferred: Bachelor’s Degree or equivalent. ACII is an advantage.
  • Significant property underwriting experience and strong technical insurance knowledge, with a particular focus in Middle Market Sector.
  • Team leadership and management experience.
  • Proven ability to lead client and broker negotiations
  • Strong ability to understand and construct complex policy wordings
  • Multinational experience and knowledge of local markets/regulations is desirable.
  • Excellent interpersonal, written communication skills including delivery of presentations to all levels of stakeholders, including claims and distribution (both broker and client engagement).
  • An appreciation and understanding of legal/regulatory requirements
  • Understanding of reinsurance and how to structure programmes
  • Proven ability to build relationships with brokers and clients.
  • Good organisational skills with proven ability to prioritise workload.
  • Highly numerate and competent in IT packages.

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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