Wordings Technician

At Talbot, we are reimagining the way we help customers to manage risk. Join us as a Wordings Technician to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Talbot

Talbot operates within the Lloyd’s Insurance Market through Syndicate 1183 and Syndicate 2019. With an expert team of highly skilled and experienced underwriters and a balanced, geographically diverse portfolio of business, Talbot has earned a reputation as an industry leading insurance specialist.

Talbot writes a diversified portfolio including Crisis Management, Energy, Financial Lines, Marine, Political Risk, Property and Terrorism. Drawing on our deep industry expertise, Talbot develops tailored insurance solutions that address clients’ evolving and often unique needs.

Syndicate 2019 provides Lloyd’s investors with access to AIG’s Private Client Select (PCS) portfolio.

Part of AIG since 2018, Talbot is committed to working with brokers and clients to deliver industry leading solutions. It is headquartered in London with offices in New York and Singapore.

How you will create an impact

As a Wordings Technician you will be an Integral part of the Underwriting Management Team working within the Wordings function to assist the Underwriting teams in ensuring compliance with the Lloyd’s Principles, the Contract Certainty Code of Practice and London Market Group guidelines.

You will work closely with the experienced and valued Wordings Team to gain essential knowledge and expertise to provide technical analysis of insurance contracts across all lines of business written by the Syndicate; eventually specialising in Property, Specialty, and Marine classes.

This is a role that provides continual and evolving training as new clauses, territorial, Underwriting appetite, and Regulatory matters are applied to the business being underwritten.

An example of some of the responsibilities you will have in this role:

• Provide technical advice and guidance on wordings related matters at pre-placement, placement, and post placement stage of the insurance transaction.

• Review, check and, where required, draft (re-draft) policy wordings, clauses, addenda, documents submitted to the Syndicate, whether market standard, carrier or bespoke.

• Assist Underwriters with securing formal agreement of wordings; liaising with Brokers if required.

• Resolve ad hoc wordings related queries from Underwriters and, where required, Brokers.

• Provide comparisons between differing wordings; including where new wordings are published by the AIG Group and/or LMA.

• Carry out “independent” wording reviews, where required.

• Assist Underwriters with development/drafting of new “Talbot” badged product wordings.

• Provide input into the Product Oversight Group (POG), specifically where Product Reviews are required.

What you’ll need to succeed

• Experience/knowledge of insurance contracts and the wording and policy process, for both open market and delegated business.

• Good working knowledge of the MRC, construction, and content.

• Good understanding of insurance and insurance contract law and regulatory requirements’

• Ability to work with a broad range of customers both internally and externally.

• ACII or working towards professional qualifications preferred.

• Some legal knowledge/background preferred but not essential.

Ready to take your career to the next level? We would love to hear from you.

#LI-AIG

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 candidatecare@aig.com .

Functional Area:

UW – Underwriting

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

Talbot Underwriting Services Ltd (TS1)