Full-Time

Underwriting Team Leader

UK Regions Property

Posted on 9/11/2026

AIG

AIG

10,001+ employees

Global insurer underwriting policies and investments

No salary listed

Manchester, UK

In Person

Primarily office-based in Manchester.

Bachelor's

Category
Insurance (1)

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Requirements
  • Strong commercial property insurance background.
  • Strong local market relationships and broker network.
  • A Bachelor’s Degree or equivalent is preferred; ACII is an advantage.
  • Significant property underwriting experience and strong technical insurance knowledge, particularly in the middle-market sector.
  • Team leadership and management experience.
  • Proven ability to lead client and broker negotiations.
  • Strong ability to understand and construct complex policy wordings.
  • Excellent interpersonal and written communication skills, including delivering presentations to stakeholders at all levels across claims and distribution, including broker and client engagement.
  • An appreciation and understanding of legal and regulatory requirements.
  • Understanding of reinsurance and how to structure programmes.
  • Proven ability to build relationships with brokers and clients.
  • Good organisational skills with a proven ability to prioritise workload.
  • Highly numerate and competent in information technology packages.
Responsibilities
  • Execute strategic objectives for Property across the Regions portfolio and drive a consistent approach across other AIG UK offices.
  • Support and execute the product growth strategy for the UK Corporate Protect offering.
  • Build and maintain strong broker and client relationships with key identified UK regional brokers.
  • Optimise Property expertise, scale and deployment within UK Regions Property in line with market strategies.
  • Optimise team deployment to deliver strategic objectives in line with client and broker engagement models.
  • Underwrite within agreed decision-making standards, limitations, and underwriting authority.
  • Provide guidance and consultation on underwriting issues and act as a referral point for all accounts within authority.
  • Ensure referrals are handled in accordance with UK and AIG regulations.
  • Support timely reporting of financial performance, including estimates.
  • Manage the day-to-day activities of all local UK Regions Property underwriting staff.
Desired Qualifications
  • Multinational experience and knowledge of local markets and regulations.

AIG is a global insurer offering life, retirement, and commercial insurance for individuals and businesses. Customers pay premiums in exchange for coverage; AIG underwrites policies, pays claims, and invests premium income to earn returns, with a focus on risk assessment and data security. It stands out with a broad global presence and a diversified portfolio that includes Corebridge Financial, a subsidiary focused on retirement planning. Its goal is to help clients manage risk, protect assets, and achieve long-term financial security through comprehensive insurance and retirement solutions.

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1919

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Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 adjusted after-tax income reached $1.1 billion, up 10% year over year.
  • General Insurance underwriting income rose 10% to $686 million, with combined ratio improving.
  • AIG returned $904 million in Q2 2026 and held a 30.7% trailing expense ratio.

What critics are saying

  • North America property remains under pressure; AIG cut exposure as pricing competition persists.
  • Q2 2026 catastrophe charges hit $210 million, including $75 million from Middle East losses.
  • A severe cyber aggregation or hurricane season would crush surplus and force capital raises.

What makes AIG unique

  • AIG's global commercial franchise drove Q2 2026 net premiums written up 9%.
  • Parametric Cloud Outage Solution with Parametrix pays cloud downtime claims faster than rivals.
  • Eric Andersen and Nancy Bewlay are sharpening underwriting discipline across General Insurance.

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Benefits

Health, dental, & vision coverage

Flexible Spending Accounts (FSA)

401(k)

PTO

Commuter Expense Reimbursement Account

Company News

Yahoo Finance
Aug 16th, 2026
AIG launches parametric cyber cover for US cloud outage risks with Parametrix

American International Group has launched a parametric cloud outage cyber insurance product for US clients, developed with Parametrix. The solution covers business interruption risks from third-party cloud and software service provider outages. Claims are based on predefined outage triggers and external monitoring data, designed to accelerate the claims process. The product targets US businesses heavily reliant on cloud infrastructure and software platforms. AIG, a US insurance company with a market capitalisation of approximately $39.8 billion, aims to compete for larger cyber and professional liability programmes where cloud downtime recovery is crucial. The launch aligns with the company's focus on digitalisation and specialised products. Investors should monitor upcoming quarterly disclosures for cyber or parametric premium volumes and client uptake commentary to assess the product's market traction.

Yahoo Finance
Aug 12th, 2026
AIG Q2 revenue misses forecasts at $7.11B despite profit beat

AIG reported second-quarter revenue of $7.11 billion, missing analyst estimates of $7.27 billion despite 3.9% year-on-year growth. However, the insurance giant's non-GAAP earnings per share of $2 beat expectations by 3.7%. The revenue shortfall stemmed from deliberate contraction in North American property portfolios as management prioritised risk-adjusted returns amid increasing market competition. CEO Eric Andersen highlighted strong performance in accident and health products and high net worth personal lines. AIG is deploying artificial intelligence platforms to improve underwriting and claims processing whilst targeting expense ratio reductions below 30% by 2027. The company announced an acquisition of Everest Insurance's Colombia operations to expand in Latin American markets. Management maintains focus on balancing growth with profitability through disciplined underwriting and selective portfolio expansion.

Yahoo Finance
May 26th, 2026
AIG shares slip 9% YTD despite generating $3.2B net income, trading 10.9% below fair value

American International Group (AIG) shares currently trade at $77.05, down 9% year to date despite rising 3% over the past month. The stock has delivered a 50.4% total shareholder return over three years. The most popular valuation narrative suggests AIG is 10.9% undervalued, with a fair value of $86.45. This assessment relies on the company's digitalisation and artificial intelligence initiatives across underwriting and claims, which could enhance operational efficiency and margins. AIG generated $26.7 billion in revenue and $3.2 billion in net income. However, the stock trades at 12.9 times earnings, above both the US insurance industry average of 11.3 times and its own fair ratio of 12.7 times. Key risks include climate exposure and claims inflation potentially pressuring margins.

Yahoo Finance
May 16th, 2026
AIG appoints Thomas Stoddard to board ahead of 2026 CEO transition to Eric Andersen

American International Group has appointed Thomas Stoddard as an independent director, aligning with its planned CEO transition to Eric Andersen on 1 June 2026. Stoddard will serve on the Audit Committee. Stoddard brings extensive experience across insurance, asset management and investment banking, including CFO roles at Aviva and Athora, and currently serves on Prudential Financial's board. His background in capital structure, mergers and acquisitions, and reinsurance may inform AIG's decisions on capital allocation, buybacks and portfolio reshaping. The appointment strengthens board oversight ahead of the leadership change, particularly around risk management, underwriting discipline and balance sheet strength. Investors can monitor how Stoddard's influence appears in future disclosures on business mix and capital priorities as AIG navigates the transition.

Yahoo Finance
May 1st, 2026
AIG reports 'exceptional' Q1 with underwriting income tripling to $774M

American International Group reported what CEO Peter Zaffino called an "exceptional" first quarter, with strong underwriting results and double-digit premium growth in General Insurance. Net premiums written in General Insurance increased 18% year-over-year on a constant dollar basis, driven by Global Commercial Insurance (up 21%) and Global Personal Insurance (up 11%). Adjusted pre-tax income rose 65% to $1.5 billion, whilst underwriting income more than tripled to $774 million. The accident year combined ratio improved 120 basis points to 86.6%. Calendar year combined ratio reached 87.3%, improving 850 basis points year-over-year. The company reported $132 million in favourable prior-year development, primarily from US property and Financial Lines. Adjusted after-tax income per diluted share rose 80% to $2.11.