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Salary
$140k – $170k per year
Location
In office (New York, Atlanta, Boston, Philadelphia, Toronto)
Employment
Full-Time
Overview
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Impact
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AIG

American International Group is an insurer founded in Shanghai in 1919 that grew into one of the largest financial institutions in the world before its near-collapse in 2008, when losses on credit default swaps written against mortgage securities forced the largest government rescue of a single company in American history. It has spent the years since dismantling that conglomerate, separating its life and retirement business as Corebridge and selling numerous units, and it now concentrates on commercial property and casualty insurance. Headquartered in New York, it is a considerably smaller and simpler company than the one that failed.

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Global Property Underwriting Specialist to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Global Property

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.

The Global Property CUO team focuses on:

  • Global Property Strategy, Risk Appetite, Authority Framework, Guidelines.
  • Portfolio Steering for Global Commercial Property
  • Aggregation Risk (CAT, Terrorism, SRCC, 4 Wall. CBI etc.) monitoring and strategy
  • Developing tools to continually improve the Underwriting Experience.
  • Identifying, processing, and delivering data that improves decision making at the portfolio level and in the field.

How you will create an impact

  • Monitoring and developing Underwriting guidelines in collaboration with Global CUO Property
  • Responsible for updating and managing the global Property SharePoint side
  • SME for SCUP initiative
  • Working closely with Policy Wording Specialists on form needs and new endorsements.
  • Developing, and support in developing and reviewing CUO driven global and regional tools (including SCUP, GLMS, Cat reporting for UW) in collaboration with the relevant departments
  • Representation of the Property CUO in projects, including SCUP, data and digital initiatives and additional priorities identified moving forward.
  • Collaborate with senior members in Operations to bring an Underwriter’s perspective to the development of our systems and tools, with the ultimate focus on user functionality.
  • Ownership of quarterly Property Facility bordereaux within CUO
  • Manage, collaborate and engage in various global Property specific projects across divisions.
  • Manage, maintain and update certain underwriting tools, as well as a connection with the field to escalate field tool needs.
  • In collaboration with CUO, manage and drive the data insight partnering in the team including analyzing internal & external data (i.e. scorecards)

What you'll need to succeed

  • Working knowledge how to build and understand strategies
  • Working knowledge of VBA to develop tools and offer relevant instruction to programming teams
  • Experience working across multiple countries and cultures
  • Experience in collaborating and working across different senior level
  • Proven organizational skills with the ability to prioritize and manage multiple tasks
  • Can demonstrate a background in developing and maintaining a broad network of contacts within a global insurance organization

Ready to take your career to the next level? We would love to hear from you.

The base salary range for positions in New York City is $140,000-$170,000. The base salary range for positions in Boston is $140,000-$170,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Your actual compensation will be dependent on your skills, experience, and qualifications. If your compensation expectations are above the posted range, we still encourage you to apply - your unique background matters to us. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview.

The base salary for this position in Ontario is CAD $88,000-$133,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Your actual compensation will be dependent on your skills, experience, and qualifications. If your compensation expectations are above the posted range, we still encourage you to apply - your unique background matters to us. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: CA Benefits Overview.

AIG Canada is proud to be named one of Greater Toronto's Top Employers for the seventh year in a row. This award demonstrates AIG’s commitment to outstanding human resources initiatives and fostering a forward-thinking workplace.

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 [email protected].

Functional Area:

UW - UnderwritingNational Union Fire Insurance Company of Pittsburgh, Pa.
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