Underwriter, Cyber

AIG is a market leader in Cyber Insurance. Our Cyber portfolio has experienced significant growth in the last 24 months in terms of both GWP and policy count.

We see the continuation of that growth as a key long-term business objective and are seeking the right individual to play a critical role in contributing to both the retention and growth of our UK Cyber and Tech PI portfolio of business.

The role will be supported by the Financial Lines underwriting team including close and regular contact with our cyber colleagues based in London.

Regular training on technical developments, current trends and claims insights will be provided across our international cyber team. You will use your existing knowledge along with the training provided to contribute to the cyber and Tech 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.

This role can be based in any of our regional offices in Manchester, Glasgow or Birmingham.

• 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 Cyber & tech 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 contract certainty

• Conduct self-audit as required

• Ensure compliance with key regulatory and risk management responsibilities

• Underwriting experience is preferred.

• The ability to analyse financial statements.

• Strong communication, networking and relationship building skills.

• Good organizational and time management skills.

• Customer-centric approach

• Customer and Sales orientated behaviours: motivated, tenacious, focused, technically skilled, proactive, and accountable.

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

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.

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…