Financial Lines Underwriter, Lex London

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London, Greater London, England, GBR
In-Office
Insurance
The Role

Make your mark at Lex London

For more than 50 years, Lex-London has been providing innovative insurance coverage and services to companies ranging from Fortune 1000 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 Financial Lines 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, specialized risk management and engineering services, and dedicated claims handling services.

How you will make an impact

  • This role will contribute to the growth and profitability of the Lex-London Financial Lines Department, which is focused on meeting the needs of large and complex clients domiciled in the United States of America (its territories and possessions).

  • This will be achieved by driving the business plans for our business development through underwriting new and renewal business; developing new and maintaining existing broker relationships; assisting in product development and thought leadership; executing the annual FL strategies

  • This role will require assessment of desirability of risk, through thorough review of proposal, claims history and general company information.

  • Use designated underwriting tools and systems, requiring accurate and consistent data entry, to streamline underwriting and information-tracking.

  • The successful candidate will be expected to generate new business by expanding the broker network, attending broker events, and building new relationships across the market.

  • Ensure contract certainty and compliance with key regulatory, risk management responsibilities; and underwrite within agreed decision-making standards, limitations and underwriting authority.

  • There will be significant interaction and collaboration with AIG colleagues in the USA and Bermuda who may underwrite on the same / similar programs, to ensure consistent messaging and the best outcome for AIG as a whole.

What you'll need to succeed

  • Experience in Financial Lines underwriting,  preferably in the US FL space 

  • Ideally ACII qualified, or working towards.

  • Good risk analysis and technical skills.

  • Good  data  analytic  skills  and  ability  to  create,  read,  understand  and  translate  data  to provide risk and portfolio insights.

Ready to take the next step in your career? We'd love to hear from you!

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.

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 inclusion

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 learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent 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 [email protected].  

Functional Area:

UW - Underwriting

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

AIG Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about AIG and has not been reviewed or approved by AIG.

  • Retirement Support Retirement offerings are positioned as a standout, with 401(k) company contributions and matching described as substantial. Financial-security features like life and disability coverage and related assistance programs reinforce the retirement value of the package.
  • Healthcare Strength Health benefits are framed as comprehensive, spanning physical and mental health support alongside common medical, dental, and vision coverage. Wellness programming and EAP-style resources are presented as part of a broad health and wellbeing approach.
  • Leave & Time Off Breadth Time-off provisions are described as extensive, including paid time off, paid sick days, and additional leave options. Volunteer time off and sabbaticals further expand the overall time-away offering.

AIG Insights

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The Company
HQ: New York, NY
49,681 Employees
Year Founded: 1919

What We Do

We're a leading global insurance organization with operations in more than 80 countries and jurisdictions. We provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to support our clients in business and in life through our General Insurance, Life & Retirement and Investments business units. What unites us across all of these offerings is our commitment to helping individuals, businesses and communities prepare for and respond to times of uncertainty. Whether serving those facing natural disasters or millions of Americans striving for a financially secure retirement, we have the specialist expertise to help clients better manage risk. We’re also committed to doing the right thing for our people and the communities where we work and live. It’s why we seek to offer what matters to our ever-diversifying team - like flexible and creative work environments, professional growth opportunities and forums to advocate for one another and incite change. We encourage employees to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs. Join us as we share our stories from around the organization. #LifeatAIG AIG Social Media Community Guidelines: https://www.aig.com/communityguidelines Facebook: http://www.facebook.com/AIGInsurance Twitter: http://twitter.com/AIGinsurance YouTube: http://www.youtube.com/aig

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