Souscripteur adjoint principal bilingue / Senior Bilingual Underwriting Assistant at AIG

Montreal, Quebec, Canada

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

InsuranceIndustries

Requirements

Fluency in both spoken and written French/English (bilingualism essential)

Responsibilities

Work in partnership with designated underwriters to process new business and renewals end-to-end
Evaluate new proposals and renewal applications
Collaborate closely with Center of Service (CS) and Center of Excellence (CE) partners to develop and provide tailored solutions
Identify and resolve account alerts and roadblocks during the proposal review process to prevent account conflicts
Perform data analysis and prepare supporting documentation for reference
Analyze loss and financial information to facilitate premium quotes
Contribute to the development of insurance quotes, coverage notes, policies, endorsements, and cancellation notices within prescribed deadlines
Request individual policy issuance where applicable
Prepare policy guidelines for shared services and premium billing
Prepare reinsurance quotes for underwriting
Conduct policy reviews after issuance and document any discrepancies for review purposes
Provide assistance to underwriters in following up with brokers on pending coverages, including legal agreements, guarantees, and premiums
Track premium reservations and policy issuance to ensure compliance with industry standards
Attend meetings with brokers or clients as requested by the underwriting department
Continuously meet service level agreements and volume, accuracy, and quality criteria

Skills

Underwriting

Data Analysis

Financial Analysis

Reinsurance

Policy Issuance

Premium Billing

Loss Analysis

Bilingual

Broker Coordination

Compliance

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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