Associate Underwriter D&O (w/m/d) at AIG

Frankfurt, Hessen, Germany

AIG Logo
Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries

Requirements

  • Bachelor- or Master-degree, e.g., in Business Administration, Economics, Sales Management, Sales Administration, Natural Sciences or comparable field (international degrees advantageous)
  • Initial professional experience through internships advantageous, ideally in the insurance sector
  • Motivation and willingness to learn new subject areas
  • Teamwork ability, quick comprehension, and decisiveness
  • Very good German and English skills
  • MS Office skills

Responsibilities

  • Support in the examination, underwriting, and controlling of risks in the area of Management Liability Commercial (D&O)/Crime Commercial
  • Contribution to the expansion of Management Liability Commercial (D&O)/Crime Commercial business activities in Germany
  • Management of broker/customer relationships
  • Point of contact for the local Sales organization
  • Willingness for sales support and business travel
  • Project work (including cross-functional) and conducting trainings

Skills

Key technologies and capabilities for this role

UnderwritingD&OManagement LiabilityCrime InsuranceRisk AssessmentMS OfficeGermanEnglishBroker RelationsSales Support

Questions & Answers

Common questions about this position

What locations can I work from for this Associate Underwriter position?

The position is based at the Frankfurt/M, München, or Hamburg locations.

What benefits does AIG offer for this role?

Benefits include 30 days of vacation per year, days off on December 24 and 31, company pension scheme, asset-effective benefits, flexible working hours, Smart Working, regular Diversity & Inclusion events, virtual sports activities, and bicycle leasing.

What qualifications and skills are required for this position?

A Bachelor or Master’s degree in fields like business administration, economics, sales management, or comparable is required, along with very good German and English skills, MS Office knowledge, team ability, quick comprehension, and decisiveness. Initial professional experience through internships, ideally in insurance, is advantageous.

What is the company culture like at AIG?

AIG offers a digital and international environment with flexible working hours, Smart Working, flat hierarchies, genuine shaping opportunities, and a strong emphasis on teamwork. They also host regular Diversity & Inclusion events and virtual sports activities.

What should I include in my application for this role?

Include meaningful application documents specifying your salary expectations and earliest possible start date.

AIG

Global insurance provider for individuals and businesses

About AIG

AIG provides a variety of insurance products and services aimed at individuals, families, and businesses. Their offerings include life insurance, retirement planning, and commercial insurance, which help clients manage risk and protect their assets. AIG operates by underwriting insurance policies and managing risk, while also investing the premiums collected to generate income. This company stands out from competitors by not only focusing on traditional insurance but also emphasizing cybersecurity and data protection to keep clients' information safe. AIG's goal is to help clients achieve financial security and peace of mind through comprehensive insurance solutions.

New York City, New YorkHeadquarters
1919Year Founded
IPOCompany Stage
Cybersecurity, Financial ServicesIndustries
10,001+Employees

Benefits

Health, dental, & vision coverage
Flexible Spending Accounts (FSA)
401(k)
PTO
Commuter Expense Reimbursement Account

Risks

Sale of personal travel business may reduce AIG's market presence in travel insurance.
Expansion in Atlanta could pose financial risks if expected growth does not materialize.
Deconsolidation of Corebridge Financial might lead to loss of synergies and increased costs.

Differentiation

AIG offers a wide range of insurance products globally, serving diverse client needs.
Corebridge Financial, a subsidiary, enhances AIG's offerings in retirement planning and financial futures.
AIG emphasizes cybersecurity and data protection, ensuring clients' information remains secure.

Upsides

AI adoption in underwriting and claims processing enhances efficiency and reduces costs for AIG.
InsurTech partnerships offer AIG opportunities to enhance digital capabilities and drive innovation.
Telematics and usage-based insurance allow AIG to offer personalized and flexible products.

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