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AIG

Underwrites insurance for businesses and individuals

Multinational Client Coordinator

Full-Time
No salary listed
Mid
Madrid, Spain
In PersonPrimarily in-office collaboration is expected.
Insurance

About the job

Requirements
  • Fluency in English is required.
  • Strong technical knowledge of complex multinational programs, including producing and issuing policies and reinsurance structures, with experience in the multinational environment and its processes.
  • Commercial insurance experience, preferably in client servicing from a broker or company background.
  • Strong administration skills and attention to detail.
  • Written and verbal communication and interpersonal skills.
  • Ability to work autonomously and take initiative.
  • Time management skills and the ability to handle multiple priorities, organize work, and meet deadlines.
  • Ability to clearly articulate ideas.
  • Collaborative ability to build strong relationships with key internal and external stakeholders.
  • Ability to identify operational improvements and gain the technical knowledge and experience needed to carry them out.
  • Computer literacy, including information technology packages, Microsoft Outlook, Microsoft Excel, and Microsoft Word.
Responsibilities
  • Coordinate day-to-day multinational servicing activities, including producing and issuing policies, throughout the program lifecycle for an assigned portfolio of accounts.
  • Provide local technical and administrative support to the Issuing Office Multinational Specialist and coordinate service requirements for the local portion of the Controlled Master Program while managing communication and relationships with producing offices, clients or brokers, and Shared Services teams.
  • Complete a comprehensive territorial analysis detailing multinational regulatory requirements for inclusion in quotation documents.
  • Collect regulatory information affecting programs, including tariff or minimum rates, mandatory retentions or cessions, and other regulatory matters requiring engagement with the AIG network before binding.
  • Promote and drive adoption of the AIG Multinational End-to-End process so that parties understand and commit to roles, responsibilities, and expected timelines.
  • Coordinate service requirements for the local portion of the Controlled Master Program.
  • Manage communications and relationships with Producing Offices, brokers or clients, and Shared Service Processing Teams in conjunction with the Producing Office.
  • Ensure adherence to AIG protocols and guidelines.
  • Complete hand-off documentation to the Multinational Administrator or Multinational Operations for release of network instructions, including reinsurance and captive structuring, ensuring accuracy and alignment with bound program terms.
  • Monitor program implementation and work with underwriting, the Multinational Client Executive, and the AIG network to address network issues and rejects.
  • Engage with the AIG Reinsurance division to monitor cash-flow guarantees and PPWs and ensure contractual requirements and performance standards are met.
  • Track performance and escalate issues through appropriate channels to ensure documentation is issued within agreed timeframes and premiums are collected according to AIG payment terms.
  • Provide regular program-performance updates to the appointed broker or direct client until implementation is complete.
  • Handle ad hoc mid-term enquiries, including endorsements, certificate requirements, and other administrative or servicing requests, engaging the appropriate authority holder for approvals where required.
  • Provide tracking and performance information to underwriting and the Multinational Client Executive for periodic client stewardship meetings and participate in those meetings.
  • Provide multinational subject matter expertise and support colleagues with multinational program design, territorial information, and multinational problem solving.
  • Provide guidance and support to internal stakeholders on operational processes and information requirements for reinsurance placements on multinational programs.
Desired Qualifications
  • Commercial insurance experience in client servicing from a broker or company background.

About the company

AIG underwrites property and casualty insurance for businesses and individuals, covering losses from damaged assets, legal claims and personal accidents. Its commercial policies span risks such as cyberattacks, shipping losses and aviation accidents, while personal coverage includes accident and health insurance and protection for valuable homes. Brokers and agents connect clients with insurers that assess risks, set premiums and handle claims under each policy's terms. The group earns insurance premiums and investment income on assets held to meet future claims. Its operating roots date to Shanghai in 1919, and its headquarters are in New York City.

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1919

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Simplify Jobs

Simplify's Take

What believers are saying

  • Underwriting supports stability: AIG's August 2026 results reported $686 million in quarterly General Insurance underwriting income, up 10%.
  • Eligible U.S. staff receive career support: AIG lists tuition reimbursement alongside learning and development in its benefits package.
  • Early-career underwriters build skills: AIG's two-year Underwriting Program runs alongside its Insurance Academy.

What critics are saying

  • International commercial margins weakened: AIG's August 2026 results showed quarterly underwriting income down 33% despite 11% net-written-premium growth.
  • Employees face restructuring exposure: AIG explicitly lists outsourcing and workforce reductions among its operating-model tools.
  • Legacy claims complicate forecasting: AIG flags greater uncertainty in asbestos and pollution liabilities and related reinsurance recoveries.

What makes AIG unique

  • Cross-border servicing has scale: AIG coordinates coverage across over 200 countries and jurisdictions through local insurers.
  • Captive expertise runs deep: AIG manages customer-owned insurance companies through licensed operations in 12 domiciles.
  • Lexington tackles unusual risks: AIG's surplus-lines insurer has flexibility to tailor insurance prices and policy terms.

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Benefits

Health, dental, & vision coverage

Flexible Spending Accounts (FSA)

401(k)

PTO

Commuter Expense Reimbursement Account

Company News

Kalkine Media
Sep 25th, 2026
AIG closes $1.3B dual-tranche euro senior note offering with 2031 and 2036 maturities

American International Group has completed a €1.125 billion euro-denominated senior note offering in two tranches. The company issued €625 million in 4.250% notes due 2031 and €500 million in 4.750% notes due 2036, both closing on 24 September 2026. The underwriting agreement, executed on 15 September, included Deutsche Bank AG London Branch, J.P. Morgan Securities, BNP Paribas, and Citigroup Global Markets as lead underwriters. The Bank of New York Mellon serves as trustee for both tranches. Sullivan & Cromwell provided a legal opinion confirming the validity of the notes. AIG filed the details with the SEC in a Form 8-K on 24 September.

Yahoo Finance
Sep 8th, 2026
Big Short' investor Steve Eisman backs AIG as analyst calls insurer 'really, really cheap

Steve Eisman, the investor known from "The Big Short", has disclosed that he owns shares in American International Group. His comments came during a podcast discussion with Cantor Fitzgerald analyst Ryan Tunis, who rates AIG as "really, really cheap". Tunis upgraded AIG to Overweight in July with a price target of $92, later trimmed to $90. This implies approximately 18% upside from the stock's recent $76.21 close, near its book value of $77.39 per share. The analyst highlighted AIG's restructuring efforts and improved underwriting operations. The insurer reported $686 million in second-quarter underwriting income, up 10% year-on-year. However, Tunis cautioned that the commercial insurance market is softening after seven years of strong pricing power. He noted that AIG's heavy exposure to large corporate accounts could face pressure as competitors chase business on price.

Yahoo Finance
Aug 16th, 2026
AIG launches parametric cyber cover for US cloud outage risks with Parametrix

American International Group has launched a parametric cloud outage cyber insurance product for US clients, developed with Parametrix. The solution covers business interruption risks from third-party cloud and software service provider outages. Claims are based on predefined outage triggers and external monitoring data, designed to accelerate the claims process. The product targets US businesses heavily reliant on cloud infrastructure and software platforms. AIG, a US insurance company with a market capitalisation of approximately $39.8 billion, aims to compete for larger cyber and professional liability programmes where cloud downtime recovery is crucial. The launch aligns with the company's focus on digitalisation and specialised products. Investors should monitor upcoming quarterly disclosures for cyber or parametric premium volumes and client uptake commentary to assess the product's market traction.

Yahoo Finance
Aug 12th, 2026
AIG Q2 revenue misses forecasts at $7.11B despite profit beat

AIG reported second-quarter revenue of $7.11 billion, missing analyst estimates of $7.27 billion despite 3.9% year-on-year growth. However, the insurance giant's non-GAAP earnings per share of $2 beat expectations by 3.7%. The revenue shortfall stemmed from deliberate contraction in North American property portfolios as management prioritised risk-adjusted returns amid increasing market competition. CEO Eric Andersen highlighted strong performance in accident and health products and high net worth personal lines. AIG is deploying artificial intelligence platforms to improve underwriting and claims processing whilst targeting expense ratio reductions below 30% by 2027. The company announced an acquisition of Everest Insurance's Colombia operations to expand in Latin American markets. Management maintains focus on balancing growth with profitability through disciplined underwriting and selective portfolio expansion.

Yahoo Finance
May 26th, 2026
AIG shares slip 9% YTD despite generating $3.2B net income, trading 10.9% below fair value

American International Group (AIG) shares currently trade at $77.05, down 9% year to date despite rising 3% over the past month. The stock has delivered a 50.4% total shareholder return over three years. The most popular valuation narrative suggests AIG is 10.9% undervalued, with a fair value of $86.45. This assessment relies on the company's digitalisation and artificial intelligence initiatives across underwriting and claims, which could enhance operational efficiency and margins. AIG generated $26.7 billion in revenue and $3.2 billion in net income. However, the stock trades at 12.9 times earnings, above both the US insurance industry average of 11.3 times and its own fair ratio of 12.7 times. Key risks include climate exposure and claims inflation potentially pressuring margins.