AIG

Senior Specialist, Underwriting Support

London, England, United Kingdom

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$120,000 – $160,000Compensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

InternshipJob Type

UnknownVisa

InsuranceIndustries

Requirements

Candidates should possess strong Commercial Insurance experience, demonstrating a deep understanding of the insurance industry and its complexities. Advanced knowledge of insurance principles and practices is expected, along with the ability to analyze complex premium allocations and regulatory compliance.

Responsibilities

The Senior Specialist, Underwriting Support will independently manage the largest and most complex accounts, reviewing and analyzing premium allocations, responding to client and broker queries, and ensuring regulatory compliance. They will develop the skills of underwriting assistants through coaching and feedback, serve as a subject matter expert on systems, participate in project teams, and support product tower management with production tracking and forecasting. Additionally, they will resolve data quality errors, provide ongoing training, and assist with user acceptance testing and special projects.

Skills

Premium Allocation

Regulatory Compliance

Commercial Insurance

Insurance Principles

Data Quality

User Acceptance Testing

Systems Knowledge

Training

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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