Jr Property UW at AIG

São Paulo, State of São Paulo, Brazil

AIG Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
InsuranceIndustries

Requirements

  • Bachelor’s Degree or equivalent required
  • Experience underwriting property lines in the middle market or large account segments
  • Experience working with loss control engineering data in a property underwriting context
  • Ability to work independently to meet deadlines, as well as in a team to accomplish goals
  • Strong analytical, decision-making and marketing skills
  • Excellent communication, organization, negotiating and leadership skills
  • Advanced English skills

Responsibilities

  • Manage and grow your own book of business in commercial property
  • Develop key broker relationships and attract new business in the large and middle market accounts area
  • Work closely with engineering team and across the organization to develop and deliver tailored solutions
  • Work with Brokers to determine Insurance needs and provide solutions
  • Underwrite and analyze new and renewal business within delegated underwriting framework
  • Administer underwriting guidelines & regulations
  • Communicate and collaborate across the organization (Claims, Product Management, Loss Control, Legal, Distribution) to provide solutions/recommendations to achieve organizational success
  • Incorporate broker engagement, loss prevention and risk mitigation

Skills

Key technologies and capabilities for this role

Property UnderwritingBroker EngagementRisk AnalysisLoss PreventionRisk MitigationCommercial PropertyMiddle MarketLarge AccountsUnderwriting Guidelines

Questions & Answers

Common questions about this position

What is the work arrangement or location policy for this role?

AIG values in-person collaboration as a vital part of its culture, requiring team members to be primarily in the office to work together effectively.

What are the required qualifications and skills for the Jr Property Underwriter role?

A Bachelor’s Degree or equivalent is required, along with experience underwriting property lines in middle market or large account segments, experience with loss control engineering data, strong analytical and decision-making skills, and excellent communication, organization, negotiating, and leadership skills. Advanced English skills are also needed, with the ability to work independently and in a team.

What does AIG's company culture emphasize?

AIG emphasizes in-person collaboration to foster a supportive and connected environment, while empowering colleagues to grow as insurance professionals and add value to customers.

What benefits does AIG offer?

AIG provides a comprehensive Total Rewards Program focused on health, wellbeing, financial security, and professional development.

What experience makes a strong candidate for this Jr Property Underwriter position?

Candidates with a Bachelor’s degree, prior experience underwriting property lines in middle or large market segments, and familiarity with loss control engineering data will stand out, especially those with strong analytical, communication, and broker relationship skills.

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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