Full-Time

Product Wording Specialist

Confirmed live in the last 24 hours

American International Group

American International Group

10,001+ employees

Global insurance provider for individuals and businesses

No salary listed

Mid

Boston, MA, USA + 6 more

More locations: Houston, TX, USA | Des Moines, IA, USA | Dallas, TX, USA | Charlotte, NC, USA | Lenexa, KS, USA | Atlanta, GA, USA

In Person

Candidates are expected to be primarily in the office.

Category
Product Management
Product
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • Written and Oral Communication – 3+ years of policy language analysis and drafting experience, preferably in Property, or alternatively, two years of drafting experience and three years of Property underwriting experience; ability to break down difficult concepts in order to provide clear and succinct explanations to underwriters and other stakeholders
  • Knowledge – Experience with US Property markets and policy forms; experience and knowledge of both admitted and surplus lines markets a plus
  • Flexibility – Proficiency in both working independently and collaborating with others in a team environment across multiple disciplines
  • Prioritizing and Time Management – Able to manage time effectively, capable of prioritizing projects and responding promptly in an appropriate manner
  • Client Service – Ability to anticipate client (internal and external) needs and act proactively
  • Problem Solving – Identify problems and deliver appropriate solutions
  • Attention to Detail – Demonstrate attention to detail, and maintain accurate documentation
  • Learning Agility – Willingness to continually learn from experiences and new situations
  • Forms Management – Experience in building out and maintaining forms libraries a plus
  • Microsoft Office – Proficiency in Word, Teams and PowerPoint required, familiarity with Excel preferred
  • Education – Degree from a four-year college or university.
Responsibilities
  • Drive coverage certainty by establishing policy wording guidelines and counseling underwriters on best practices.
  • Provide counseling and technical guidance to underwriters on policy language.
  • Review competitor forms and make recommendations to the Global Property Wording Manager on acceptability of those forms and required endorsements.
  • Draft manuscript endorsements to AIG’s standard policy forms, and create bespoke endorsements for third party policy forms to address client-specific exposures and align with underwriting intent.
  • Work with Underwriting, Claims and Legal in drafting new policy forms and endorsements.
  • Support the Global Property Wording Manager in maintaining and updating manuscript policy checklists to ensure that policy reviews match AIG’s underwriting intent.
  • Develop training to help underwriters better understand the importance of policy wording.
  • Contribute to Underwriting Bulletins and other communications to provide underwriters with direction and insight on policy wording and usage.
  • Support the development and implementation of the Global Policy Forms Library and Digital Workflow.
Desired Qualifications
  • Experience and knowledge of both admitted and surplus lines markets a plus
  • Experience in building out and maintaining forms libraries a plus
American International Group

American International Group

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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 help clients manage risk and protect their assets. AIG operates by underwriting insurance policies 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 stands out from competitors by emphasizing cybersecurity and data protection, ensuring that clients' information is secure. The company's goal is to help clients achieve financial security and peace of mind through comprehensive insurance solutions.

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1919

Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven underwriting reduces costs and improves AIG's operational efficiency.
  • Growing demand for cybersecurity insurance presents new product opportunities for AIG.
  • AIG's expansion in Atlanta enhances regional service capabilities and talent access.

What critics are saying

  • Tech-driven startups could erode AIG's market share with innovative solutions.
  • Climate change-related disasters may increase AIG's claims costs and impact profitability.
  • Digital transformation requires significant investment, potentially straining AIG's resources.

What makes American International Group unique

  • AIG's partnership with Blackstone for Syndicate 2478 offers new capital opportunities.
  • Corebridge Financial's focus on retirement planning diversifies AIG's service offerings.
  • AIG's emphasis on cybersecurity ensures client data protection and trust.

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Benefits

Health Insurance

Paid Sick Leave

Paid Vacation

Tuition Reimbursement

Flexible Work Hours

Company News

Coverage
Jan 28th, 2025
Aig Announces Expanded Global Leadership Role For Jon Hancock

AIG <i class="fa fa-info-circle company-popover" data-content="h3AIG/h3. div. table

Coverage
Jan 9th, 2025
Aig Appoints Christopher Flatt Global Chief Underwriting Officer

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Coverage
Jan 1st, 2025
Aig Completes Sale Of Travel Guard Business To Zurich

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Coverage
Jan 1st, 2025
Aig Launches Syndicate 2478 At Lloyd’S In Partnership With Blackstone

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Intelligence360
Nov 19th, 2024
Aig To Expand Into 180,000 Square Feet Of Space In Atlanta Georgia.

Atlanta, Georgia — According to state and local development sources, AIG plans to build out 180,000 square feet of new space in Atlanta. The company plans to occupy the new space at 3500 Lenox Rd NE in Atlanta, on or about April 1, 2026. According to the company website American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers’ compensation, excess casualty, and crisis management insurance products; and professional liability insurance