Underwriting Support Specialist - Casualty at AIG

San Juan, Puerto Rico, Puerto Rico

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Not SpecifiedCompensation

Entry Level & New Grad, Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

InsuranceIndustries

Requirements

Bachelor’s degree in accounting, finance or related area
Early career stage with some exposure and experience in underwriting concepts in the insurance industry
Fluent and excellent written and verbal communication skills (English & Spanish)
Ability to work autonomously, efficiently, under pressure, and manage heavy workload
Proficient in the use of MS Office suite products, especially Excel and Word

Responsibilities

Issue quotes, policies, endorsements, binders, certificates and any other policy document in AIG and third-party booking systems as required
Support underwriters on the follow-up of quotes and/or subjectivities to complete binding and booking processes
Complete the underwriting cycle of all bound accounts in AIG and third-party systems as required
Provide support to underwriters regarding the proper filing of bound accounts in One View or any other platform AIG uses (according to current file audit requirements)
Provide a high level of customer service by timely response to broker requests and deadlines
Assist in day-to-day operations for underwriters as required
Support in the preparation of commercial presentations, marketing material and other initiatives as the business requires
Maintain updated underwriting files based on corporate guidelines
Provide superior customer service to brokers and clients
Perform any other related duties as requested

Skills

Underwriting

Casualty Insurance

Policy Issuance

Endorsements

Binders

Certificates

Customer Service

Broker Relations

File Management

Accounting

Finance

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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