Senior Class Underwriter, D&O at AIG

London, England, United Kingdom

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

InsuranceIndustries

Requirements

Essential experience of Lloyd’s market as a Financial Lines Underwriter
Detailed knowledge of D&O (Directors & Officers) products
Chartered Insurance Institute – Advanced Diploma or educated to degree level preferred
Able to operate independently with little direction or guidance
Self-reliance, use of initiative – a “self-starter”
Able to prioritize
Strong team working approach
Excellent verbal, written, and professional communication skills

Responsibilities

Underwrite risks in accordance with Talbot’s underwriting philosophy and within own authority limits
Assist in delivering strategy and business plans
Assist the team to ensure all underwriters underwrite risks in accordance with the Company’s agreed appetite, authorities and processes. Assist in managing the overall portfolio
Provide professional, prompt service to brokers and clients
Comply with the terms of personal underwriting authority and ensure business is conducted in accordance with policies, procedures, and service levels
Ensure premium entries in Subscribe are reviewed and accurately maintained
Assist the team in ensuring that Underwriting Guidelines are reviewed and updated at least annually
Ensure underwriters with authority underwrite in accordance with personal underwriting authority
Provide information and assistance as needed to ensure that other syndicate staff can carry out their responsibilities
Make every reasonable effort to increase own knowledge, skills, and expertise

Skills

Key technologies and capabilities for this role

Lloyd’s MarketFinancial Lines UnderwritingD&O ProductsRisk UnderwritingPortfolio ManagementBroker ServiceClient Service

Questions & Answers

Common questions about this position

What is the work location and arrangement for this role?

The position is primarily onsite in London with potential for hybrid work.

What is the salary for this Senior Class Underwriter position?

This information is not specified in the job description.

What skills and experience are required for this role?

Essential experience in the Lloyd’s market as a Financial Lines Underwriter, detailed knowledge of D&O products, ability to operate independently as a self-starter, prioritization skills, strong team working approach, and excellent communication skills are required.

What is the company culture like at Talbot and AIG?

The role emphasizes a strong team working approach, professional service to brokers and clients, compliance with policies and procedures, and continuous professional development.

What makes a strong candidate for this underwriter position?

Candidates with essential Lloyd’s market experience as a Financial Lines Underwriter, detailed D&O product knowledge, Chartered Insurance Institute Advanced Diploma or degree, and skills like independence, initiative, prioritization, teamwork, and excellent communication will stand out.

AIG

Global insurance provider for individuals and businesses

About AIG

AIG provides a variety of insurance products and services aimed at individuals, families, and businesses. Their offerings include life insurance, retirement planning, and commercial insurance, which help clients manage risk and protect their assets. AIG operates by underwriting insurance policies and managing risk, while also investing the premiums collected to generate income. This company stands out from competitors by not only focusing on traditional insurance but also emphasizing cybersecurity and data protection to keep clients' information safe. AIG's goal is to help clients achieve financial security and peace of mind through comprehensive insurance solutions.

New York City, New YorkHeadquarters

1919Year Founded

IPOCompany Stage

Cybersecurity, Financial ServicesIndustries

10,001+Employees

Benefits

Health, dental, & vision coverage

Flexible Spending Accounts (FSA)

401(k)

PTO

Commuter Expense Reimbursement Account

Risks

Sale of personal travel business may reduce AIG's market presence in travel insurance.

Expansion in Atlanta could pose financial risks if expected growth does not materialize.

Deconsolidation of Corebridge Financial might lead to loss of synergies and increased costs.

Differentiation

AIG offers a wide range of insurance products globally, serving diverse client needs.

Corebridge Financial, a subsidiary, enhances AIG's offerings in retirement planning and financial futures.

AIG emphasizes cybersecurity and data protection, ensuring clients' information remains secure.

Upsides

AI adoption in underwriting and claims processing enhances efficiency and reduces costs for AIG.

InsurTech partnerships offer AIG opportunities to enhance digital capabilities and drive innovation.

Telematics and usage-based insurance allow AIG to offer personalized and flexible products.

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