Underwriter, Casualty

AIG Insurance

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profile Job Location:

London - UK

profile Monthly Salary: Not Disclosed
Posted on: 30+ days ago
Vacancies: 1 Vacancy
The job posting is outdated and position may be filled

Job Summary

AIGs underwriters develop insurance solutions that address the exposures of companies and individuals and embody AIGs tradition of innovation bringing to market ground-breaking insurance solutions for our changing world. AIGs 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.

Purpose of the role

To contribute to the business by underwriting new & renewal business developing and maintaining relationships with new and existing brokers building strong client relationships and working to carry out agreed strategies.

Accountabilities for the role

Ensure that AIG procedures are consistently implemented.

Maintain AIG standards and service levels.

Prepare bespoke policy documentation for review by Senior Underwriters.

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.

Produce files for Self-Audits to the agreed AIG Casualty standards.

Implement the London Casualty strategy & processes.

Build on the Company profile in the market.

Work with other areas in Casualty/AIG to achieve corporate objectives.

Work within AIG Casualty Best Practices and underwriting guidelines.

Comply with key regulatory and risk management responsibilities.

Carry out accountabilities & objectives within the framework of AIGs TCF.

Liaise with AIG service centres (e.g. policy issuance unit multinational team major accounts practice service team).

Implement AIG underwriting policies practices and procedures.

Help the team to achieve London Casualty budget and profitability goals by being part of an effective underwriting process.

Ensure that AIG customers are treated fairly in accordance with AIG standards and maintain high service levels to both internal and external customers.

Experience & Qualifications Required:

Ideally Dip CII qualified or working towards (or equivalent).

Proficient knowledge of Casualty underwriting principles and practice.

Basic knowledge of Liability products.

Proficient knowledge of key regulatory requirements.

Proven general underwriting experience preferably in Casualty lines.

Good risk analysis and technical skills.

Ability to build relationships with brokers and senior management.

Ready to take the next step in your career Wed 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 whats 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 securityas well as your professional developmentto 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 worlds 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

Were committed to creating a culture that truly respects and celebrates each others 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 AIGs 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 .

Functional Area:

UW - Underwriting

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

AIGs underwriters develop insurance solutions that address the exposures of companies and individuals and embody AIGs tradition of innovation bringing to market ground-breaking insurance solutions for our changing world. AIGs underwriters help to find insurance solutions for risks from a range of ar...
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Key Skills

  • Loan Processing
  • Computer Skills
  • Fraud
  • Math
  • Banking
  • Pricing
  • Analysis Skills
  • Fair Housing Regulations
  • Underwriting
  • Financial Analysis
  • negotiation
  • Phone Etiquette