Senior Underwriter Financial Lines at AIG

Brussels, Brussels, Belgium

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

InsuranceIndustries

Requirements

Master degree in (Applied) Economics or Law or equivalent through experience
Client-oriented attitude
Analytical skills
Commitment to, and concern for service quality, performing ‘first time right’
Courtesy, empathy and a helpful attitude dealing with external and internal clients
Capable of fostering a positive and productive team ethos
Stress resistant: able to work in a ‘busy environment’
Fluent in Dutch, French and English
An affinity to IT/technology to embrace (new) technologies and the implementation thereof

Responsibilities

Join a market-leading Financial Institutions (FI) team, managing a large and diverse portfolio that includes Professional Indemnity, Directors & Officers, and Crime exposures across the Belgian and Luxembourg markets
Collaborate closely with fellow FI team members and internal stakeholders to implement the FI strategy in Belgium and Luxembourg, ensuring a profitable portfolio and identifying adequate growth opportunities
Contribute to achieving financial and operational targets for Financial Institutions and the broader Financial Lines team, while delivering the necessary reporting and data analysis requested by management
Enhance AIG’s visibility and strengthen relationships in the local market by participating in external presentations, training sessions, and meetings on a regular basis in Luxembourg and Belgium
Independently manage prestigious accounts in the SME space as well as major accounts, providing efficient service to AIG clients by embracing technology-driven solutions
Engage in a culture of continuous learning, utilizing various opportunities to expand knowledge in your field and other Financial Lines products, while also supporting your colleagues
Drive growth by analysing risks, issuing quotes, underwriting assigned risks in Financial Institutions, and collaborating with the team to develop new products and facilitate cross-selling opportunities
Adhere to compliance and underwriting guidelines, setting a standard for excellence and promoting best practices across the team

Skills

Underwriting

Financial Lines

Professional Indemnity

Directors & Officers

Crime Insurance

Portfolio Management

Data Analysis

Risk Assessment

Stakeholder Collaboration

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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