At Talbot, we are reimagining the way we help customers to manage risk. Join us as an Insurance Broker Accounts (IBA) Account Handler to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

This role is based in our Fenchurch Street office with the option of hybrid working.

Make your mark in Talbot

With offices in London, the U.S. and Asia Pacific, Talbot is the managing agent of Syndicate 1183 and Syndicate 2019 at Lloyd’s. Syndicate 1183 underwrites a number of classes of business including war and terrorism, energy, marine, financial lines, cyber, transport, political risk, crisis management, kidnap and ransom, contingency and property. Syndicate 2019 reinsures a portfolio of U.S. ultra-high net worth personal lines business. Through its expert team of underwriters and a balanced, geographically-diverse portfolio of business, Talbot has earned a reputation as an industry-leading insurance specialist.

How you will create an impact

To fulfil all IBA responsibilities as part of the Operations team.  This includes maintenance and day to day handling of the IBA ledgers, both Client & Underwriting.  Ensure timely collection / settlement to and from customers and supporting markets of the Overseas offices within the Talbot/AIG Group for which the IBA Team are responsible.

• Taking appropriate steps to assist Overseas offices in the collection and settlement of funds to/from clients
• Taking appropriate steps to ensure settlement and collection of funds from/to syndicate.
• Responsibility for claim settlements paid to brokers and the reconciliation of syndicate funds
• Responsibility for the accurate modification of reference data within the accounting system Enterprise Accounts (EA).
• Assist the team and IBA Manager to ensure month end processes are run as planned reviewing data accuracy and report generation.
• To liaise with the associated affiliated office to ensure their records are updated to reflect any amendments as required
• To ensure the accurate modification of processed data by the technical team is completed as required.

What you’ll need to succeed

• Clear and concise communication is vital.
• Good knowledge of Insurance in the Lloyds Market would be beneficial.
• IBA reconciliation experience essential
• Understanding of Slips, associated endorsements and closings (beneficial)
• Understanding of premium calculation from broker documentation (beneficial)
• Knowledge of Enterprise Accounts (Brokasure would be beneficial)
• Computer literate: MS Office, Excel

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

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 [email protected].  

FA - Finance

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

Talbot Underwriting Services Ltd (TS1)