AIG

Associate UW, Financial Lines

Courbevoie, Ile-de-France, France

Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, FinanceIndustries

Requirements

Candidates should possess a Bachelor's degree in Law, Economics, or Finance, with a minimum of 2 years of experience in an insurance company, brokerage, or actuarial field, preferably in underwriting or claims management. They should have knowledge of financial guarantees and basic financial analysis, along with strong teamwork and interpersonal skills. Proficiency in using computer applications such as Word, Excel, and PowerPoint is required. Professional English proficiency is also necessary, including the ability to communicate effectively.

Responsibilities

The Associate UW, Financial Lines role involves managing a portfolio and underwriting new business (Directors and Officers Liability, Social Reports, Fraud, Pension Funds, and Kidnap) in compliance with underwriting policies, delegated authorities, and strategy, while adhering to approved response deadlines with brokers/clients. It includes analyzing technical dossiers, applying group pricing policies, understanding market dynamics, proposing necessary actions to improve portfolio quality, coordinating with various teams, maintaining strong commercial relationships with brokers, participating in meetings and training sessions, and contributing to new product development initiatives.

Skills

Financial Analysis
Underwriting
Claims Management
Brokers
Risk Management
Word
Excel
PowerPoint
Communication
Teamwork

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.

Key Metrics

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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