Assistant Underwriter, Cargo - London, United Kingdom - AIG

AIG

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Who we are

Talbot is an international insurer and reinsurer operating within the Lloyd's market through Syndicates 1183 and 2019.

We have been part of AIG since 2018 and our ambition is to be AIG's Centre of Excellence at Lloyd's.

Headquartered in London, Talbot has offices in New York and Singapore and over 300 people working across these three locations.

Get to know the business

Syndicate 1183 underwrites multiple classes of business including Political Violence/Terrorism, Marine, Energy (off-shore and on-shore), Marine and Energy Liability, Hull, Cargo and Specie, Political Risk, Property, Accident and Health, Financial Lines, Cyber, Alternative Risks, Non-Physical Cyber and Treaty Reinsurance.

Syndicate 2019 reinsures premium written by AIG's Private Client Group, covering Homeowners, Auto, General Specie and other products.

The Talbot Marine team is a leading global carrier in the marine market, writing a diversified book of Marine Hull and War with associated ancillary interests, for a wide variety of vessel types and covering all aspects of Marine liabilities.

About the role

What you need to know:

As an Assistant Underwriter in our Marine Cargo team, you will be responsible for supporting and underwriting marine cargo risks aligned with our underwriting philosophy, appetite, and authority limits.

Working as part of a close-knit team you will support and assist the Head of Cargo and Class Underwriter, helping them deliver on strategy and business plans, with a focus on providing a professional, prompt service to brokers and clients.

Responsibilities to include but not limited to:

Review endorsements and underwrite renewal business in line with your underwriting authority.
Enter risks (including endorsements, quotes, promised lines and the like) into underwriting systems to the standard required, in accordance with applicable procedures.
Analyse and produce/ assist in the analysis/ production of reports and statistics as required, including in respect of the business planning process and accounting exercises.
Assist the team in the monitoring and control of specific accounts.
Prepare information packs and accompanying summaries as required/ requested, including the collation of brokersupplied material.
Assist in ensuring that premium entries are reviewed and accurately maintained in accordance with applicable procedures.
Liaise with brokers, clients, and other professionals as necessary.

What we're looking for:

Exposure to marine cargo underwriting
Working towards ACII
High attention to detail
Analytical/ numerically literate
Understanding of the London insurance market (Lloyd's and/or Company)
Able to work as part of a team or independently
Ability to multitask and prioritise with limited guidance

A look at our Benefits

We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing.

We provide a variety of leaves for personal, health, family and military needs.

For example, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community.

Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.

We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers.

We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.

We are an Equal Opportunity Employer

American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment.

We provide 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 such as sexual orientation.

At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability.

Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

To learn more please visit:

Reasonable accommodations will be determined on a casebycase basis.

Functional Area:
UW - Underwriting

Estimated Travel Percentage (%): Up to 25%

Relocation Provided:
No

Talbot Underwriting Services Ltd (TS1)