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AIG

Underwrites insurance for businesses and individuals

Senior Underwriter - Accident & Health

Full-TimeUpdated on 10/15/2026
No salary listed
Senior
Singapore
In Person
InsuranceUnderwriting

About the job

Requirements
  • Proven underwriting experience and good knowledge of Group Accident & Health.
  • A proven track record of developing new business and achieving renewal retention targets in Group Accident & Health.
  • The ability to analyze financial statements.
  • Strong communication, networking, and relationship-building skills.
  • Good organizational and time-management skills.
  • Customer- and sales-oriented behaviors, including being motivated, tenacious, focused, technically skilled, proactive, and accountable.
  • An interest in mentoring and training if these duties have not been held previously.
  • Experience providing producer training and participating in tender interviews.
  • Business development and Agency and Financial Advisers management skills.
  • An entrepreneurial mentality and the ability to think strategically to develop business.
Responsibilities
  • Underwrite and administer a profitable portfolio of Group, Corporate, and Multinational Accident, Travel, and Supplementary Health business in accordance with AIG’s business plan and underwriting guidelines.
  • Work closely with Agents and Financial Advisers to communicate risk appetite and the value proposition, and understand deal structures, terms, and products that best meet clients’ needs.
  • Negotiate pricing, terms and conditions, and deal structure with brokers and clients.
  • Generate new business by expanding the Agency and Financial Advisers network, attending Agency events, and building new market relationships.
  • Collaborate with AIG Distribution, territory managers, and underwriters in other business lines to target desirable accounts and cross-selling opportunities.
  • Set a high standard of customer service to Agents and Financial Advisers and provide an example for junior colleagues.
  • Provide guidance, mentoring, and training to less-experienced underwriters and support them in building their Agency and Financial Advisers networks.
  • Build business relationships with internal stakeholders, key business partners, and intermediaries through regular visits and engagement.
  • Participate in projects and regional initiatives, including product development.
  • Plan and conduct product training for intermediaries to grow and generate sales activities.
  • Carry out other activities and projects assigned by superiors.

About the company

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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Simplify's Take

What believers are saying

  • Underwriting supports stability: AIG's August 2026 results reported $686 million in quarterly General Insurance underwriting income, up 10%.
  • Eligible U.S. staff receive career support: AIG lists tuition reimbursement alongside learning and development in its benefits package.
  • Early-career underwriters build skills: AIG's two-year Underwriting Program runs alongside its Insurance Academy.

What critics are saying

  • International commercial margins weakened: AIG's August 2026 results showed quarterly underwriting income down 33% despite 11% net-written-premium growth.
  • Employees face restructuring exposure: AIG explicitly lists outsourcing and workforce reductions among its operating-model tools.
  • Legacy claims complicate forecasting: AIG flags greater uncertainty in asbestos and pollution liabilities and related reinsurance recoveries.

What makes AIG unique

  • Cross-border servicing has scale: AIG coordinates coverage across over 200 countries and jurisdictions through local insurers.
  • Captive expertise runs deep: AIG manages customer-owned insurance companies through licensed operations in 12 domiciles.
  • Lexington tackles unusual risks: AIG's surplus-lines insurer has flexibility to tailor insurance prices and policy terms.

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Benefits

Health, dental, & vision coverage

Flexible Spending Accounts (FSA)

401(k)

PTO

Commuter Expense Reimbursement Account

Company News

Kalkine Media
Sep 25th, 2026
AIG closes $1.3B dual-tranche euro senior note offering with 2031 and 2036 maturities

American International Group has completed a €1.125 billion euro-denominated senior note offering in two tranches. The company issued €625 million in 4.250% notes due 2031 and €500 million in 4.750% notes due 2036, both closing on 24 September 2026. The underwriting agreement, executed on 15 September, included Deutsche Bank AG London Branch, J.P. Morgan Securities, BNP Paribas, and Citigroup Global Markets as lead underwriters. The Bank of New York Mellon serves as trustee for both tranches. Sullivan & Cromwell provided a legal opinion confirming the validity of the notes. AIG filed the details with the SEC in a Form 8-K on 24 September.

Yahoo Finance
Sep 8th, 2026
Big Short' investor Steve Eisman backs AIG as analyst calls insurer 'really, really cheap

Steve Eisman, the investor known from "The Big Short", has disclosed that he owns shares in American International Group. His comments came during a podcast discussion with Cantor Fitzgerald analyst Ryan Tunis, who rates AIG as "really, really cheap". Tunis upgraded AIG to Overweight in July with a price target of $92, later trimmed to $90. This implies approximately 18% upside from the stock's recent $76.21 close, near its book value of $77.39 per share. The analyst highlighted AIG's restructuring efforts and improved underwriting operations. The insurer reported $686 million in second-quarter underwriting income, up 10% year-on-year. However, Tunis cautioned that the commercial insurance market is softening after seven years of strong pricing power. He noted that AIG's heavy exposure to large corporate accounts could face pressure as competitors chase business on price.

Yahoo Finance
Aug 16th, 2026
AIG launches parametric cyber cover for US cloud outage risks with Parametrix

American International Group has launched a parametric cloud outage cyber insurance product for US clients, developed with Parametrix. The solution covers business interruption risks from third-party cloud and software service provider outages. Claims are based on predefined outage triggers and external monitoring data, designed to accelerate the claims process. The product targets US businesses heavily reliant on cloud infrastructure and software platforms. AIG, a US insurance company with a market capitalisation of approximately $39.8 billion, aims to compete for larger cyber and professional liability programmes where cloud downtime recovery is crucial. The launch aligns with the company's focus on digitalisation and specialised products. Investors should monitor upcoming quarterly disclosures for cyber or parametric premium volumes and client uptake commentary to assess the product's market traction.

Yahoo Finance
Aug 12th, 2026
AIG Q2 revenue misses forecasts at $7.11B despite profit beat

AIG reported second-quarter revenue of $7.11 billion, missing analyst estimates of $7.27 billion despite 3.9% year-on-year growth. However, the insurance giant's non-GAAP earnings per share of $2 beat expectations by 3.7%. The revenue shortfall stemmed from deliberate contraction in North American property portfolios as management prioritised risk-adjusted returns amid increasing market competition. CEO Eric Andersen highlighted strong performance in accident and health products and high net worth personal lines. AIG is deploying artificial intelligence platforms to improve underwriting and claims processing whilst targeting expense ratio reductions below 30% by 2027. The company announced an acquisition of Everest Insurance's Colombia operations to expand in Latin American markets. Management maintains focus on balancing growth with profitability through disciplined underwriting and selective portfolio expansion.

Yahoo Finance
May 26th, 2026
AIG shares slip 9% YTD despite generating $3.2B net income, trading 10.9% below fair value

American International Group (AIG) shares currently trade at $77.05, down 9% year to date despite rising 3% over the past month. The stock has delivered a 50.4% total shareholder return over three years. The most popular valuation narrative suggests AIG is 10.9% undervalued, with a fair value of $86.45. This assessment relies on the company's digitalisation and artificial intelligence initiatives across underwriting and claims, which could enhance operational efficiency and margins. AIG generated $26.7 billion in revenue and $3.2 billion in net income. However, the stock trades at 12.9 times earnings, above both the US insurance industry average of 11.3 times and its own fair ratio of 12.7 times. Key risks include climate exposure and claims inflation potentially pressuring margins.