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AIG

Underwrites insurance for businesses and individuals

Senior Underwriter Financial Lines - MLC & FI

UnderwritingConfirmed live in the last 24 hours
Full-timeMadrid, SpainNo salary listed

About the Job

Requirements

  • Relevant experience in commercial insurance within Financial Lines departments.
  • A degree in Law, Economics, Business Administration, or Risk Management is preferred.
  • Fluent written and spoken English.
  • Strong analytical and technical skills.
  • Negotiating, communication, and presentation skills.
  • Good communication and interpersonal skills.
  • Cross-functional collaboration and teamwork.
  • Client focus, solution orientation, and problem-solving ability.
  • Ability to challenge with humility.

Responsibilities

  • Underwrite assigned Management Liabilities Commercial (MLC) and Financial Institutions (FI) risks in the Financial Lines department.
  • Comply with the terms of personal underwriting authority.
  • Exercise judgment, negotiate, and make sound business decisions within the assigned authority level.
  • Develop relationships with brokers.
  • Identify cross-selling opportunities with different lines of business.
  • Drive the sales process for new products.
  • Assist the Front Desk Unit and Customer Service Group.
  • Maintain a target list and generate submissions to meet new-business targets.
  • Apply knowledge of underwriting concepts, practices, procedures, and techniques.
  • Review, evaluate, and recommend modifications to underwriting guidelines.

About the Company

AIG

Underwrites insurance for businesses and individuals

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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