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Salary Who we are
American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance in approximately 70 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets and manage risks.
We’re also committed to making a positive difference for our colleagues and in the communities where we work and live. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.
About the role
This position is the entry-level position for an underwriting career. This role will be based in our Bermuda office.
What you need to know:
Analyzing submissions to ensure completeness and rate readiness, evaluate risks and controls, and ensure compatibility with risk appetite
Reviewing loss information and financial statements to facilitate quote development
Assisting in soliciting and following up on outstanding submission information from brokers
With direct supervision, may underwrite assigned risks with low complexity
In conjunction with more experienced underwriters or manager, may participate in sales calls or underwriting meetings.
Working with senior underwriting staff on risks requiring special handling
Capturing market intelligence and broker feedback on accounts
Identifying and resolving account alerts and blocks during the submission process to avoid account conflicts
Assisting in the issuance of quotes, binders, and policies
Assisting in premium coding and booking resolution issues
Ensuring underwriting files and services standards and compliance guidelines are adhered to on assigned accounts
Assisting in working with underwriters and multinational partners to coordinate and place multinational programs
Managing service requests including initial triage, mid-term requests to assigned book of business, effectively responding to requests throughout the policy cycle.
Coordinating shared services activities on behalf of the underwriters.
Providing superior customer service to brokers and clients (internal & external).
Actively seeking out ways to build industry and underwriting expertise, by learning more about Financial Lines product offerings and risk evaluation through formal and informal learning opportunities.
Any other duties as assigned
What we’re looking for:
Minimum of 1 year of relevant professional experience; Insurance experience preferred.
Bachelor’s degree from a four-year college or university.
For Management Liability positions, a working knowledge of financial statements and analysis.
Excellent interpersonal, communication and analytical skills.
Excellent organizational skills and ability to handle multiple tasks in a high-volume, fast-paced environment.
Ability to work in dynamic, rapidly changing environment; adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions.
Detail-oriented with demonstrated ability to self-direct, prioritize work, and meet deadlines.
Takes initiative on projects and assignments, seeks alternate solutions when necessary.
Highly motivated and results-oriented.
We are an Equal Opportunity Employer
American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide 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 such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
To learn more please visit: https://www.aig.com/about-us/diversity-equity-and-inclusion
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to candidatecare@aig.com. Reasonable accommodations will be determined on a case-by-case basis.
Functional Area:
UW - Underwriting
Estimated Travel Percentage (%): No Travel
Relocation Provided: No
American International Co Ltd.
