Underwriter a&H

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.

Underwriting Division

AIG’s underwriters develop insurance solutions that address the exposures of companies and individuals, and embody AIG’s tradition of innovation, bringing to market ground breaking insurance solutions. AIG’s underwriters help to find insurance solutions for risks from a range of areas, including: aviation, environmental, catastrophic events, high net worth individuals, and boardroom liabilities.

Responsible for handling new business and reviewing and renewing existing books of business, underwriters are fundamental in generating revenue for AIG. Underwriters are tasked with determining the risk of an insured, whether an individual, or company, and appropriately calculating the premium for the requested coverage.

About the role

What you need to know:

Underwriter, A&H Spain, reporting to the Lead UW, Spain will contribute by underwriting new & renewal business, developing, and maintaining relationships with new and existing brokers, building strong client relationships, and working to carry out agreed strategies.

Job Responsibilities

• Evaluates new and renewal policies and endorsements against prescribed criteria to determine if risk qualifies for acceptance; verifies and rates new business; investigates inconsistencies related to risk acceptance; reviews situations not covered by criteria; and develops information for underwriters to isolate problems.

• Manage underwriting to achieve profitable growth, including underwriting new business, renewals, quotes, and other transactions.

• Prepares policy writing instructions and premium billings; analyzes submissions for accuracy of policy issuance information from the underwriter and/or broker, ensuring policies contain all compliance information as indicated on the hand-off sheet; and checks/signs policies prior to release.

• Support Group underwriting to achieve profitable growth, including underwriting new business, renewals, quotes, and other transactions.

• Understanding of the local insurance broker community, plus the ability to build relationships with brokers and senior management.

• Establish and leverage strong relationships with Clients, Brokers and Partners

• Analytical and quantitative skills

• Proficient knowledge of key regulatory requirements.

• Communicates with producers, insureds, bureaus, etc. to ensure common understanding,

• Assists the senior underwriter in the preparation of business, line reports and agency analysis and completion of the Audit; prepares underwriting hand-off sheets and renewal information; assists in the review of procedures to resolve issues;

• Participates in research projects involving identification and classification data; conducts Quality Control of issued policies and accurate file maintenance; and reviews experience and classification.

• Visit producers to establish effective relationships.

• Establish and leverage strong relationships with Clients, Brokers, and Partners

• Able to internally engage with Local & Regional Leadership.

• Integrator: Collaborate with multiple technical, functional, distribution and client/broker management resources, local, regional, and global, across the wider business.

• Build and maintain appropriate, strong, and effective business relationships with stakeholders.

• Drive a culture that promotes collaboration, diversity, and inclusion

What we’re looking for:

• Strong and relevant experience of product and local market experience, with underwriting assistance experience with individual insurance products. Experience with group, travel, specialty, and affinity products would be a plus.

• Fluent in Spanish and English

• Strong sales and negotiation background: ability to influence others to develop business, negotiate agreement, with a strong understanding of sales process, including pre-sale and post-sale requirements of the business.

• Strong understanding of the local insurance broker community (Corporate, Medium and Individual Brokers).

• Analytical and quantitative skills

• Strong customer service ethic, with a sound understanding of the business processes

• Knowledge of key regulatory requirements.

• Good risk analysis and technical skills.

• Self-motivated and uses own initiative for both internal and external issues.

• Ability to maintain a flexible approach and adapt rapidly to changing work environments.

• Demonstrated success in using research, analytics, and testing methodologies to make business decisions.

• Strong interpersonal and communication skills. Ability to work across interdisciplinary teams and cultivating a network of productive relationships.

• Entrepreneurial spirit, proactive and team worker

• Strong problem-solving skills and willingness to roll up one's sleeves to get the job done.

• Strong oral and written communication skills.

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.

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 belonging

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 inclusion 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 - UnderwritingAIG Europe S.A. (Spain branch)