Casualty Underwriter at AIG

Madrid, Community of Madrid, Spain

Apply Now

Not SpecifiedCompensation

Entry Level & New Grad, Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

InsuranceIndustries

Requirements

Relevant Underwriting experience in Casualty/Liabilities is preferred
Other relevant professional experience is welcome
Law or Business Administration degree preferred
Fluent English skills (written & spoken)
Ability to analyze financial statements
Strong communication, networking, and relationship-building skills
Good organizational and time management skills
Customer and Sales-oriented behaviors: motivated, tenacious, focused, technically skilled, proactive, and accountable
Negotiation skills

Responsibilities

Underwriting new and renewal business to drive profitable growth in the Casualty department
Assessing the desirability of risk through communication with brokers and coordination with AIG subject matter experts
Reviewing claims history and general company information
Providing excellent service to brokers through a consistent, timely, and proactive approach
Generating new business by expanding the broker network and building relationships
Preparing accurate monthly management information, including submissions, bind rate, average premium, and total premium

Skills

Key technologies and capabilities for this role

Casualty UnderwritingRisk AssessmentFinancial Statement AnalysisBroker CommunicationNegotiationRelationship BuildingNetworkingSales

Questions & Answers

Common questions about this position

What is the salary for the Casualty Underwriter position?

This information is not specified in the job description.

Is this Casualty Underwriter role remote or office-based?

This information is not specified in the job description.

What skills are required for the Casualty Underwriter role?

Relevant underwriting experience in Casualty/Liabilities is preferred, along with strong communication, networking, relationship-building, negotiation, and financial statement analysis skills.

What is the company culture like at AIG?

AIG is committed to diversity and inclusion as critical to its future and mission, and it is reimagining risk management while reshaping career pathways to unlock colleague potential.

What makes a strong candidate for this Casualty Underwriter position?

Candidates with relevant Casualty/Liabilities underwriting experience, a Law or Business Administration degree, fluent English, and customer/sales-oriented behaviors like being motivated, tenacious, proactive, and accountable stand out.

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.

Land your dream remote job 3x faster with AI

Try Jobo Free