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AIG

Underwrites insurance for businesses and individuals

Underwriter D&O

UnderwritingConfirmed live in the last 24 hours
Full-timeVienna, Austria€51.4k /yr

About the Job

Requirements

  • Completed degree in law, economics, or a comparable field; a master's degree is advantageous.
  • Several years of professional experience underwriting Financial Lines risks, including financial loss liability and/or legal expenses insurance; experience with Commercial D&O and fidelity/crime products is advantageous.
  • First-hand experience in product development is desirable.
  • Experience with conceptual work and strategy development or implementation is desirable.
  • Experience and confidence in negotiations with brokers and intermediaries.
  • Very good German and English language skills.

Responsibilities

  • Assess D&O risks, individually calculate terms, and prepare tailored offers for national and international coverage concepts for customers in Austria.
  • Underwrite a product portfolio that includes D&O, legal expenses, EPL, PTL, POSI, and fidelity insurance.
  • Independently conduct associated negotiations with brokers and customers.
  • Actively develop the market and identify new business opportunities in close cooperation with the Sales and Client Management teams to expand AIG's position in Austria as a leading Financial Lines insurer.
  • Manage brokers and maintain customer relationships in Austria.

Desired Qualifications

  • Experience with products in Commercial D&O and fidelity/crime insurance.
  • Initial experience in product development.
  • Experience with conceptual work and strategy development or implementation.
  • A master's degree.

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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