Assistant Underwriter - Political Violence
Are you a detail-oriented individual with a passion for risk assessment and global affairs? Look no further! American International Group is seeking a highly motivated Assistant Underwriter to join our Political Violence team. In this role, you will have the opportunity to collaborate with a team of experienced underwriters to evaluate and mitigate political risk exposures for our clients around the world. We are looking for candidates who possess excellent analytical skills, a strong understanding of global political landscapes, and the ability to thrive in a fast-paced and dynamic environment. If you are ready to take your underwriting career to the next level, we want to hear from you!
- Conduct thorough risk assessments for clients' political risk exposures.
- Collaborate with a team of underwriters to evaluate and mitigate risk.
- Stay up-to-date on global political landscapes and their potential impact on clients.
- Analyze and interpret data to make informed underwriting decisions.
- Ensure accuracy and attention to detail in all underwriting processes.
- Communicate effectively with clients, brokers, and other stakeholders.
- Develop and maintain strong relationships with clients and industry professionals.
- Adhere to company policies, procedures, and guidelines.
- Meet or exceed underwriting goals and objectives.
- Continuously monitor and evaluate the effectiveness of risk management strategies.
- Keep abreast of industry trends and best practices.
- Assist in the development and implementation of new underwriting guidelines and procedures.
- Provide support and training to junior underwriters.
- Maintain accurate and organized underwriting files and documentation.
- Adhere to regulatory and compliance requirements.
- Identify and report potential fraudulent activities.
- Collaborate with other departments, such as claims and finance, to ensure efficient and effective underwriting processes.
- Demonstrate a strong understanding of company products and services.
- Continuously seek opportunities for professional development and growth.
- Represent the company in a professional and positive manner at all times.
Knowledge Of Political Risk Insurance: The Ideal Candidate Should Possess A Strong Understanding Of Political Risk Insurance Policies And Their Application In Different Regions And Industries. This Includes A Deep Understanding Of Political Violence Risks Such As Civil Unrest, Terrorism, And War.
Analytical And Underwriting Skills: The Assistant Underwriter Should Have Excellent Analytical And Underwriting Skills To Evaluate And Assess The Risk Exposure Of Potential Clients. This Includes The Ability To Analyze Financial Statements, Market Trends, And Political Risk Assessments To Make Informed Underwriting Decisions.
Communication And Negotiation Skills: Strong Communication And Negotiation Skills Are Essential For An Assistant Underwriter In Order To Effectively Communicate With Clients And Brokers. The Candidate Should Be Able To Clearly Articulate The Terms And Conditions Of Insurance Policies And Negotiate With Clients To Ensure A Mutually Beneficial Agreement.
Attention To Detail: In The Insurance Industry, Even The Smallest Error Can Have Significant Consequences. Therefore, The Assistant Underwriter Should Have A High Level Of Attention To Detail To Ensure Accuracy In Policy Documentation, Risk Assessment, And Overall Underwriting Process.
Industry Knowledge And Experience: A Minimum Of 2-3 Years Of Experience In The Insurance Industry, Preferably In A Underwriting Or Risk Management Role, Is Required For This Position. Additionally, A Bachelor’s Degree In Business, Finance, Or A Related Field Is Preferred. Knowledge Of Global Political And Economic Trends And Their Impact On Insurance Markets Is Also Highly Valued.
Data Analysis
Market Research
Negotiation skills
Claims Processing
Compliance Knowledge
Risk assessment
Market trends
Client communication
Policy Review
Underwriting Guidelines
Coverage Evaluation
Communication
Emotional Intelligence
Leadership
Time management
Interpersonal Skills
creativity
Organization
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Assistant Underwriter - Political Violence in London, UK is £25,000 to £40,000 per year. However, this can vary depending on the specific company, industry, and level of experience of the individual. Some companies may offer higher salaries for candidates with more experience or for those working in high-demand industries. Additionally, location within London and cost of living may also impact the salary range for this position.
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American International Group, Inc., also known as AIG, is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions.
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