Underwriter, Crisis Solutions (K&R) at AIG

London, England, United Kingdom

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

Requirements

  • Underwriting or broking experience (KRE knowledge an advantage)
  • Ability to handle multiple priorities, organise work and meet deadlines
  • Demonstrate attention to detail to ensure accurate documentation is maintained
  • Learning Agility - Demonstrates a growth mind-set through an ability and willingness to learn from experiences and new situations
  • Strong communication skills
  • Tenacious, motivated, proactive
  • Proficient in Microsoft Excel, PowerPoint and Word

Responsibilities

  • Assist in underwriting of new and renewal business in accordance with underwriting guidelines, relevant underwriting authority, and AIG principles
  • Use designated Underwriting system(s) to streamline underwriting and information-tracking approach across Profit Centre
  • Provide accurate monthly Management information including, but not limited to, submissions, bind rate, average premium, and total premium as required
  • Provide excellent service to brokers through consistent, timely, and proactive approach to underwriting
  • Maintain adequate retention of renewals within the portfolio
  • Work closely with Underwriters to ensure the maintenance/development of solid working relationships with brokers to create business opportunities
  • Complete all delegated projects in the manner expected and requested by the Line Manager
  • Ensure compliance with key regulatory and risk management responsibilities

Skills

Key technologies and capabilities for this role

UnderwritingK&RKREBroker ManagementRisk ManagementUnderwriting SystemsManagement InformationRegulatory Compliance

Questions & Answers

Common questions about this position

Is this a remote position or does it require office work?

The role requires team members to be primarily in the office to support in-person collaboration, which is a vital part of AIG's culture.

What experience is required for the Underwriter, Crisis Solutions role?

Underwriting or broking experience is required, with KRE knowledge an advantage.

What key skills are needed for this underwriting position?

Candidates need the ability to handle multiple priorities and meet deadlines, strong attention to detail, learning agility with a growth mindset, strong communication skills, and proficiency in Microsoft Excel, PowerPoint, and Word.

What is the company culture like at AIG for this role?

AIG values in-person collaboration as a vital part of its culture to work together effectively and create a supportive, connected environment.

What benefits does AIG offer?

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

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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