Senior Underwriter, Financial Lines at American International Group in Manchester

Job description

• As an influencer at AIG, people come to you as a “go-to” source for help and support because of your deep knowledge and expertise. As a more experienced team member, you are capable of driving continual improvement and impacting the way that things get done. Because of your influence, whether direct or indirect, we are able to deliver powerful outcomes for our clients.
• The role will be supported by the Financial Lines underwriting team including close and regular contact with our PI colleagues based in London. You will use your existing knowledge along with the training provided to contribute to the PI underwriting strategy across our portfolio. This will range from detailed underwriting of large UK based clients to volume based digital solutions for SME clients.

Responsibilities

• How you'll make an impact
• Meet individual underwriting expectations to help team achieve budgeted financial objectives.
• Underwrite within agreed decision-making standards, limitations, and underwriting authority
• Assess desirability of risk through analysis of financial reports and accounts (as required); regular contact with broker; thorough review of proposal; and review of claims history and general company information
• Use designated Underwriting system(s) to streamline underwriting and information-tracking approach across Profit Centre.
• Input required data consistently and accurately.
• Provide Management information including, but not limited to, submissions, bind rate, average premium, and total premium as required.
• Provide excellent service to brokers through consistent, timely, and proactive approach to underwriting
• Exhibit sales orientated behaviours, defined by Management as: motivated, tenacious, focused, technically skilled, proactive, and accountable
• Generate new business by building on existing relationships and expanding broker network, attending broker events, market meetings, client 1 to 1’s and building new relationships across the market
• Support and contribute to the PI underwriting strategy within the UK regions portfolio.
• Maintain key renewal accounts at greater than 85% retention
• Ensure all brokers and clients are treated fairly
• Ensure customer-centric approach
• Ensure contract certainty
• Conduct self-audit as required
• Ensure compliance with key regulatory and risk management responsibilities
• Demonstrate AIG values at all time

Requirements

• Proven PI underwriting experience is preferred; other relevant professional experience may substitute for underwriting experience with a track record in renewal and new business
• Strong communication skills
• Time management - ability to handle multiple priorities, organise work and meet deadlines
• A desire to learn and grow your knowledge in this dynamic area of insurance.
• Ability to analyse financial statements
• Ability to network and build relationships
• Organizational skills
• Customer and sales focused
• Tenacious, motivated, proactive
• ACII or progress towards completion preferred

Skills

Required

• Strong communication skills
• Ability to analyse financial statements
• Organizational skills
• Customer and sales focused
• Tenacious, motivated, proactive

Preferred

• Proven PI underwriting experience
• ACII or progress towards completion

Benefits

• 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.