Financial Lines Underwriter, Greece at AIG

Marousi, Attiki, Greece

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

InsuranceIndustries

Requirements

Bachelors’ degree preferably in Business Administration, Insurance, Finance, Statistics or Law; a Master’s degree will be considered as an asset
Previous experience in the Insurance sector/underwriting is a must
Executive Presence; personal capabilities such as composure, credibility and clarity
Portfolio Management ability
Drive for Results
Advanced communication skills and proficient at building and maintaining strong relationships
Resilient and team player
Excellent command of the English language

Responsibilities

Assessing risk (underwriting), servicing and developing Financial Lines products
Assessing new business leads from Brokers and quoting the appropriate terms and conditions to ensure a good quality and profitable book of business
Assessing renewable accounts to ensure Company standards of underwriting are maintained, broker relationships are looked after and the appropriate loss ratios achieved, thus producing a profitable account; ensuring retention levels reach Company targets
Cooperating with sales relationship managers for the development of strong broker relationships which lead to an increased level of engagement

Skills

Underwriting

Risk Assessment

Portfolio Management

Broker Relationships

Financial Lines

Insurance Products

Communication Skills

Relationship Building

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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