At AIG, we are reimagining the way we help customers to manage risk. Join us as an Underwriting Operations Manager to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.
Make your mark in Talbot Underwriting
Talbot operates within the Lloyd's Insurance Market through Syndicate 1183 and Syndicate 2019. With an expert team of highly skilled and experienced underwriters and a balanced, geographically diverse portfolio of business, Talbot has earned a reputation as an industry leading insurance specialist.
Talbot writes a diversified portfolio including Crisis Management, Energy, Financial Lines, Marine, Political Risk, Property and Terrorism. Drawing on our deep industry expertise, Talbot develops tailored insurance solutions that address clients' evolving and often unique needs.
Syndicate 2019 provides Lloyd’s investors with access to AIG’s Private Client Select (PCS) portfolio.
Part of AIG since 2018, Talbot is committed to working with brokers and clients to deliver industry leading solutions. It is headquartered in London with offices in New York and Singapore.
How you will create an impact
* Assist the Head of Underwriting Management in keeping all underwriting processes under review ensuring that they are appropriate;
* To support the HOUM to ensure that brokers’ services agreements are evaluated rigorously and reported on;
* Support the HOUM with management of the External Reviewers, including ensuring that the agreed feedback is assimilated by underwriters;
* To keep TUL’s compliance with Lloyd’s Minimum Underwriting Standards under review and ensure there are controls in place to facilitate compliance;
* Working with the HOUM to maintain the syndicate’s analysis document and overseeing the processes in place to enable the syndicate to comply; help produce and monitor reports required for compliance with standards.
* In conjunction with the business and HOUM, work with Talbot overseas offices to ensure that each office is complying with the applicable Lloyd’s minimum standards;
* Work with the Delegated Authority team in ensuring that the offices understand the terms of the binding authority and provide guidance as required;
* Assist the HOUM with the management and reporting of High Conduct Risk business, including escalation where required;
* Review Quality Assessment failures and adjudicate on the failure with compliance;
* Assist finance with overdue premium management.
What you’ll need to succeed
* A good understanding of underwriting and underwriting operations;
* A wide experience in all matters relating to underwriting in terms of process, procedure, compliance and legal would be an advantage;
* Knowledge of Lloyd’s operational processes and systems;
* A good knowledge of the distribution chains available to the syndicate, with specific emphasis on understanding the dynamics around Lloyd’s brokers and the landscape that applies.
* No specific qualifications required, although ACII is useful
* Able to multi-task;
* Knowledge of Microsoft applications is essential, although high level skills are not required;
* Excellent communication skills;
* Ability to stay calm in pressured situations;
* Ability to negotiate and to align different and potentially conflicting work streams;
* Ability to influence especially given the multi-relationship alignments needed between Underwriting and all other areas of the company;
* Confidence to take decisions.
Ready to take your career to the next level? We would love to hear from you.
#LI-AIG
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 belonging
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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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 candidatecare@aig.com.
Functional Area:
UW - Underwriting
Talbot Underwriting Services Ltd (TS1)