Lex London Casualty Underwriter

American International Group; London; On-site; GBP 40,000 - 80,000

Job description

Lex London Casualty Underwriter page is loaded

Lex London Casualty Underwriter

Apply locations London time type Full time posted on Posted 30+ Days Ago job requisition id JR2500316

For more than 50 years, Lex-London has been providing innovative insurance coverage and services to companies ranging from Fortune 100 leaders to smaller but complex risks. As a leading surplus lines insurer, we use our unique flexibility in rate and form to benefit both traditional and the most challenging risks.

AIG Lex London are a leading provider of excess casualty products in the surplus lines market. Lex-London underwriters combine deep expertise with a broad appetite for risk and are empowered to deliver for our clients and brokers. Clients also benefit from our extensive industry knowledge, specialised risk management and engineering services, and dedicated claims handling services.

About the role

1. This role will contribute to the growth and profitability of the Lex-London Casualty Department, which is focused on meeting the needs of large and complex clients domiciled in the United States of America (its territories and possessions).
2. Assess desirability of risk through thorough review of proposal, claims history and general company information; together with analysis of financial reports (as required); and regular contact with broker.
3. Use designated Underwriting system(s) to streamline underwriting and information-tracking approach across Profit Centre. Input required data consistently and accurately.
4. Generate new business by expanding broker network, attending broker events, and building new relationships across the market.
5. Ensure contract certainty and compliance with key regulatory, risk management responsibilities; and underwrite within agreed decision-making standards, limitations, and underwriting authority.
6. Provide general back-up and support to more senior members of the Underwriting team to ensure overall department objectives are met.

What you'll need to succeed

1. Experience in Casualty underwriting, preferably in the US Casualty marketplace and ideally with specific knowledge of Energy and Construction.
2. Other relevant professional experience or qualifications (such as CII, ACII, or equivalent) will be taken into consideration.
3. Ability to handle multiple priorities, organize work and meet deadlines.
4. Able to network, build relationships, and work well in a team environment with a collaborative attitude.
5. Strong technical ability and computer skills (Excel, Word etc.) is critical.
6. Excellent communication skills including verbal, written, and negotiation skills.

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 [e-mail].

Functional Area:

UW - Underwriting

AIG Europe S.A. (U.K. Branch) & American International Group UK Ltd