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AIG

Commercial Property Underwriter

AIG is hiring a Commercial Property Underwriter in Madrid, Spain. Level rates it ; you can apply on AIG.

Level's read on this job

  • On Level's scale, this role is Little AI ●○○○: aI is not part of the work.
  • Tools and skills the posting cites include underwriting, risk management and relationship management.
  • Level classifies it as a senior role.
  • Level lists 410 other open roles at AIG.

AI in this role

Evaluate and underwrite commercial property and multinational insurance risks while building broker relationships at AIG.

underwritingrisk-managementrelationship-managementportfolio-management

Commercial Property Underwriter

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.

Get to know the business

General Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.

About the role

What you need to know:

  • Contribute to the strategic development of our Multinational portfolio;
  • Develop and lead broker relationships establishing accretive pipelines, and for cross selling opportunities across the AIG network.
  • Work cross functionally with other areas in AIG to achieve corporate objectives.
  • Work within agreed decision-making standards, limitations, authorities and underwriting guidelines.
  • Working collaboratively in a team environment including development and training of junior staff
  • Achieve satisfactory ratings on all underwriting quality reviews.
  • Ensure all corporate service standards are maintained to both brokers & internal colleagues.
  • Ability to prioritize workload and to use own initiative for both internal and external issues.
  • Maintain and develop strong broker and client relationships.
  • Support the culture of continuous improvement in all areas including improving processes to make the business more efficient and creating an environment where people are encouraged to take initiative and responsibility.
  • Identify and develop client focused products and strategies.
  • Reinsurance capabilities and solutions driven

What we’re looking for:

  • Education preferred: Engineering Degree or equivalent.
  • Experience in property underwriting experience and strong technical insurance knowledge, with particular focus on the international market. Terrorism underwriting experience is an advantage.
  • Multinational experience and knowledge of local markets/regulations advantageous.
  • Excellent interpersonal, written communication skills including delivery of presentations to all levels of stakeholders, including claims and distribution (both broker and client engagement).
  • Proven ability to build relationships with brokers and clients.
  • An appreciation and understanding of legal/regulatory requirements
  • Good organizational skills with proven ability to prioritize workload.
  • Proven ability to lead client and broker negotiations.
  • Highly numerate.
  • Competent in IT packages.
  • Fluent in English (written and spoken)

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. (Spain branch)

How we rate this

Commercial Property 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

UnderwritingRisk ManagementRelationship ManagementPortfolio Management

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 risk management was part of your work. What did you do?
  3. Tell me about a project where relationship management was part of your work. What did you do?
  4. Tell me about a project where portfolio management was part of your work. What did you do?

Adapt your resume

  • List these exact terms on your resume: Underwriting, Risk Management, Relationship Management, and Portfolio 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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