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AIG

Business Development Underwriter

AIG is hiring a Business Development Underwriter. Level rates it ; you can apply on AIG.

Level's read on this job

  • Little AI ●○○○ is how Level rates this sales role: aI is not part of the work.
  • The posting mentions underwriting, business development and portfolio management among its tools and skills.
  • Level classes it as a mid-level role.
  • AIG has 410 other open roles on Level.

AI in this role

Drive portfolio growth and expand SME insurance arrangements through broker relationships and underwriting expertise.

underwritingbusiness-developmentportfolio-managementinsurancerelationship-management
Business Development Underwriter - Portfolio Solutions Financial Lines

Who we are

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

What do we do

AIG develops insurance solutions that address the exposures of companies and individuals, embodying the tradition of innovation and bringing to market groundbreaking insurance solutions for our changing world. Based in our Netherlands office located in the Rivium in Capelle aan den IJssel, you will be part of our Portfolio solutions team of currently 14 enthusiastic professionals within the Portfolio Solutions department.

About the role

As a business Development Underwriter you will play a key role within our Portfolio Solutions team. The Team focuses on expanding AIG’s presence in the SME segment by offering accessible and efficient insurance solutions through brokers and authorized agents (Volmachten).

Combining underwriting expertise with a strong commercial mindset, you will develop new Financial Lines portfolio arrangements and optimize existing ones. You will work closely with our distribution partners to identify market opportunities, strengthen relationships, and deliver profitable portfolio growth.

How you will create an impact

  • Your relationships with brokers and authorized agents will be key to your success. You will need to provide excellent service through a consistent, timely, and proactive approach to underwriting. You will also aim to generate new business by expanding your broker network, attending broker events, and building new relationships across the market – in line with a sales plan established with your manager.
  • Contribute and be responsible for (a part of) Portfolio Solutions growth target and provide accurate monthly management information including rationales behind submissions statistics, bind rate, average premium, and total premium.
  • Continuously identify and develop best practices and procedures plus look for new ways to improve the service and product offering. And support in departmental product development efforts within the scope of AIG’s product development guidelines.
  • You will be responsible for assessing new and renewal business for your respective focus area.

What you’ll need to succeed

  • Underwriting experience (minimum 3 years) in Financial Lines is required.
  • A good understanding of the Dutch Financial Lines marketplace as well as the authorized agents marketplace.
  • Strong communication, networking and relationship building skills.
  • Good organizational and time management skills.
  • Customer and Sales orientated behaviours: motivated, tenacious, focused, technically skilled, proactive, and accountable.

Offer

AIG offers a competitive primary and secondary benefit package based on experience and function level accompanied with other advantages like global career opportunities and extensive training and personal development programs.

Ready to prove your potential? We would love to hear from you.

We are an Equal Opportunity Employer

It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.


#LI-AIG

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.

Functional Area:

UW - Underwriting

AIG Europe S.A. (Netherlands branch)

How we rate this

Business Development Underwriter at AIG rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

Prepare for this job

Built from this posting and from similar jobs on Level.

Skills and AI tools this role asks for

UnderwritingBusiness DevelopmentPortfolio ManagementInsuranceRelationship Management

Also common in sales jobs at this level

Pay

Typical sales job
$140k

This posting doesn't list pay. Use the typical sales figure when pay comes up. See sales jobs

Questions you could be asked

  1. Tell me about a project where underwriting was part of your work. What did you do?
  2. Tell me about a project where business development was part of your work. What did you do?
  3. Tell me about a project where portfolio management was part of your work. What did you do?
  4. Tell me about a project where insurance was part of your work. What did you do?
  5. Tell me about a project where relationship management was part of your work. What did you do?

Adapt your resume

  • List these exact terms on your resume: Underwriting, Business Development, Portfolio Management, Insurance, and Relationship Management. An applicant tracking system matches the wording, not the idea.
  • Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.

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