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AIG

Senior Underwriter Financial Lines (MLC & FI)

AIG is hiring a Senior Underwriter Financial Lines (MLC & FI) in Madrid, Spain. Level rates it ; you can apply on AIG.

Level's read on this job

  • Little AI ●○○○ is how Level rates this role: aI is not part of the work.
  • Tools and skills the posting cites include Excel, underwriting and risk management.
  • Level classifies it as a senior role.
  • Level lists 408 other open roles at AIG.

AI in this role

Underwrite commercial financial lines insurance risks while developing broker relationships and driving sales.

Excel
underwritingrisk-managementnegotiationcommercial-insurance

Senior Underwriter Financial Lines

Make your mark in Underwriting

AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. We are reimagining how we help customers to manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.

About the role

What you need to know:

  • Underwrite Assigned risks: MLC (Management Liabilities Commercial) and FI (Financial Institutions) at Financial Lines department.

  • To comply with the terms of personal underwriting authority.

  • Exercising judgment, negotiating and making sound business decisions effectively based on level of authority.

  • Develop relationships with brokers

  • Identify cross-selling opportunities with different Lines of Business

  • Drive sales process on new products

  • Assist Front Desk Unit/Customer Service Group

  • Maintain a list of target and generate submission to meet NB targets

  • Knowledge of Underwriting concepts, practices, procedures and techniques

  • Review, evaluate and recommend modifications to underwriting guidelines

Job Profile - Requirements and skills - What we’re looking for:

  • Relevant experience in Commercial insurance at Financial Lines departments

  • Law, Economics, Business Administration or Risk Management degree preferred.

  • Fluent English skills (written & spoken)

  • Strong analytical and technical skills

  • Outgoing and entrepreneurial personality

  • Negotiating, communications and presentations skills

  • Good communication and interpersonal skills

  • Cross Functional Collaboration and Teamwork

  • Client Focus and Solution Orientation: Problem Solving

  • Challenging with humility

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, colour, 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.

Ready to apply? We would love to hear from you.

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

Senior Underwriter Financial Lines (MLC & FI) 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 ManagementNegotiationCommercial InsuranceExcel

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 negotiation was part of your work. What did you do?
  4. Tell me about a project where commercial insurance was part of your work. What did you do?
  5. Walk me through how you've used Excel in your day-to-day work.

Adapt your resume

  • List these exact terms on your resume: Underwriting, Risk Management, Negotiation, Commercial Insurance, and Excel. 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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