Senior M&A Tax Underwriter, Financial Lines at AIG

New York, New York, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

InsuranceIndustries

Requirements

High competency in understanding complex corporate M&A transactions and drafting transaction documents
Detailed understanding of complex corporate structuring and financing arrangements
Ability to negotiate with commercially and legally sophisticated advisors and clients
Highly focused, enthusiastic and creative thinker
Ability to analyze financial statements and execute commercial decision making against a backdrop of legal risk assessment
Strong communication, networking and relationship building skills
Good organizational and time management skills
Customer and Sales orientated behaviors: motivated, tenacious, focused, technically skilled, proactive, and accountable

Responsibilities

Underwrite a range of new and renewal business in M&A Tax Underwriting
Work closely with brokers to communicate risk appetite and value proposition, and understand deal structures, terms and products that meet clients’ needs
Negotiate pricing, terms & conditions, and deal structure with brokers and clients
Generate new business by expanding broker network, attending broker events, and building new relationships across the market
Collaborate with AIG Distribution, territory managers, and underwriters in other business lines to target desirable accounts and cross-selling opportunities
Set a high standard of customer service to brokers and clients, providing an example for junior colleagues
Provide guidance, mentoring and training to less-experienced underwriters, and support them in building their broker network
Drive profitable growth in M&A Tax Underwriting by working on creative solutions for complex risks

Skills

M&A Transactions

Tax Liability Underwriting

Financial Lines Underwriting

Transaction Documents Drafting

Broker Negotiation

Risk Appetite Communication

New Business Development

Mentoring

Cross-Selling

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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