Senior Marine Underwriter, Multinational Cargo at AIG

London, England, United Kingdom

AIG Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Marine InsuranceIndustries

Requirements

  • Advanced working knowledge of multinational cargo business
  • Extensive experience in a Commercial insurance environment / London Market
  • Insight: Detail-oriented, critical thinking skills, decision making based on level of authority, problem solving, competent using analytical tools and technology
  • Agility: Effective in dynamic environment, adaptable, comfortable with ambiguity, working at pace and prioritizing multiple tasks
  • Relationships: Communication skills (written and verbal), collaboration, building trust with wide range of colleagues and clients
  • Commercial edge: Financial understanding, appetite for learning about the industry, negotiating and focused on profitable business
  • CII Qualification desirable or progression towards ACII

Responsibilities

  • Contribute to the growth of the business by assisting in the underwriting of new and renewal business and delivering technical support and programme administration on an assigned portfolio of accounts
  • Developing and maintaining relationships with new and existing brokers and clients
  • Originating and transacting business
  • Obtaining all necessary technical underwriting information through liaison with the broker and or client
  • Liaising on technical service issues with appropriate departments to expedite resolution
  • Working with brokers, internal and external clients across UK and internationally to ensure quality and consistency of underwriting and service delivery
  • Liaising with claims and client / broker to establish Claims Reporting requirements for Major accounts
  • Collaborating with UK Distribution/Broker Relationship Teams to manage pipeline of account activity on a monthly basis
  • Resolving account queries and other insurance programme issues
  • Ensure good working relationships maintained with Core processing teams/support staff in overseas offices

Skills

Key technologies and capabilities for this role

Cargo UnderwritingMarine InsuranceMultinational InsuranceBroker ManagementClaims HandlingLondon MarketCommercial InsuranceRisk AssessmentClient LiaisonCritical Thinking

Questions & Answers

Common questions about this position

Is this a remote position or does it require office work?

The role requires team members to be primarily in the office to support in-person collaboration, which is a vital part of AIG's culture.

What salary can I expect for this Senior Marine Underwriter role?

This information is not specified in the job description.

What key skills are required for this position?

Candidates need advanced working knowledge of multinational cargo business, extensive experience in a Commercial insurance environment / London Market, detail-oriented critical thinking, decision making, problem solving, communication skills, and collaboration.

What is the company culture like at AIG?

AIG values in-person collaboration as a vital part of its culture to work together effectively and create a supportive, connected environment for the team and clients.

What qualifications make a strong candidate for this role?

A strong candidate will have advanced knowledge of multinational cargo business, extensive London Market experience, CII Qualification or progression towards ACII, and skills in critical thinking, communication, collaboration, and commercial acumen.

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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