Full-Time

Early Career

Underwriting, Analyst

Updated on 11/26/2024

AIG

AIG

10,001+ employees

Global insurance provider for individuals and businesses

Cybersecurity
Financial Services

Entry

London, UK

In-person opportunity available in London.

Category
Insurance
Finance & Banking
Requirements
  • Bachelor’s or Master’s degree to be received no later than June 2025.
  • strong analytical, quantitative, and interpersonal skills
  • enthusiastic about and committed to the insurance industry
Responsibilities
  • develop your knowledge and understanding of AIG and the insurance industry
  • learn new skills through meaningful on-the-job experiences and instructor led masterclasses
  • build connections with colleagues across the organization

AIG provides a variety of insurance products and services aimed at individuals, families, and businesses. Their offerings include life insurance, retirement planning, and commercial insurance, which cater to the diverse needs of their clients. AIG operates by underwriting insurance policies, managing risk, and investing the premiums collected to generate income. This approach allows them to serve a wide range of customers, from individual policyholders to large multinational corporations. AIG distinguishes itself from competitors by emphasizing cybersecurity and data protection, ensuring that clients' information is secure. The company's goal is to help clients manage risk, protect their assets, and achieve financial security, with a focus on comprehensive solutions that include retirement planning through its subsidiary, Corebridge Financial.

Company Stage

IPO

Total Funding

N/A

Headquarters

New York City, New York

Founded

1919

Simplify Jobs

Simplify's Take

What believers are saying

  • AIG's strategic partnerships and divestitures, such as with Nippon Life, provide opportunities for growth and enhanced market positioning.
  • The company's focus on AI-driven solutions in cyber insurance can lead to reduced claims costs and more competitive pricing, benefiting both AIG and its clients.
  • Leadership changes, including the appointment of experts like Chris Inglis to the Board, bring valuable expertise in cybersecurity and strategic direction.

What critics are saying

  • Frequent leadership changes, including retirements and new appointments, could lead to strategic misalignments and operational disruptions.
  • The sale of significant business units may result in short-term revenue loss and require time to realize the benefits of a more focused strategy.

What makes AIG unique

  • AIG's strategic divestitures, such as the sale of its personal travel business to Zurich and a 20% stake in Corebridge to Nippon Life, indicate a focused approach to streamline operations and enhance core competencies.
  • The appointment of high-profile leaders like Gordon Browne and Kelly Lafnitzegger underscores AIG's commitment to strengthening its leadership team and driving strategic initiatives.
  • AIG's integration of AI and large language models (LLMs) in cyber insurance showcases its innovative approach to risk assessment and underwriting, setting it apart from traditional insurers.

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Benefits

Health, dental, & vision coverage

Flexible Spending Accounts (FSA)

401(k)

PTO

Commuter Expense Reimbursement Account