Full-Time

Underwriter Assistant

Posted on 4/27/2025

American International Group

American International Group

10,001+ employees

Global insurance provider for individuals and businesses

No salary listed

Entry, Junior

Milan, Metropolitan City of Milan, Italy

Category
Insurance
Finance & Banking
Requirements
  • Bachelor’s degree preferred or equivalent work experience but candidates with base skills complemented with business/insurance vocational training will be considered.
  • Prioritizing – able to navigate and switch between multiple systems.
  • Microsoft Office
  • Client Servicing – ability to anticipate client (internal and external) needs and act proactively.
  • Problem Solving – identify problems and solutions matched to the appropriate solutions.
  • Attention to Detail – demonstrate attention to detail to ensure accurate documentation is maintained.
  • Master local country language(s), working knowledge of English – additional language a plus.
  • Excellent communication skills
  • Strong administration skills
  • Good time management skills – ability to handle multiple priorities, organise work and meet deadlines.
Responsibilities
  • Partner with underwriters and COE partners for end-to-end processing of new, renewal business as well as endorsements.
  • Participate in pre-binding activities: Liaising with brokers/clients, gather information necessary to prepare quotes (either for new submissions or renewals) and update raters, update raters when deemed necessary, Prepare the referral documentation, Issue quotes upon receiving instructions from the Underwriter, Decline submission request if not within UW guidelines, Capture information/documents – Transaction file management.
  • Participate in post-binding and servicing activities: Update bind subjectivities, Update rater/systems when deemed necessary, Policy booking and issuance: Ensure quality and timeliness of issuing & booking instructions and follow-up on outstanding policies before hand-off to operations, Support preparation of Binder/slip, policy, and endorsement for the SSC to issue, Follow-up on opened subjectivities, support cancellations letters preparation if not due to non-payment (Cancellation process for Unpaid premium will be handled by SSC and at a later will be automated through Collections system), Work closely with risk engineering and underwriting to ensure risk engineering program is being executed, Support underwriters around necessary gathering and processing of documentation for purchased reinsurance (as applicable).
  • Liaise with brokers/clients to obtain information needed to prepare adjustments on policies where premium is based on rate (TO, travel, salaries, …)
  • Partners with the Collection department: Handles Finance queries (through Live Ledger & e- mail), Support their effort to recover unpaid premium, Work with underwriters: Set-up systems and underwriting platforms, Provide technical direction to underwriting on workflow management tools: research & resolve processing problems in workflow management tools, Assist w. data/portfolio management, Assist with Data Integrity together with underwriting: Rate Change, actual to technical, linesize, limits and premium reports are checked against rater and underwriters view to ensure consistency, Support UW projects on an ad-hoc basis.
  • Compliance/Conduct support: Support the completion and binding of raters in a timely manner, Support UW with reviewing outstanding quotes and ensuring timeliness of booking instructions, Support UW during Audit preparation by gathering necessary information, Support UW with addressing complaints.
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 company stands out from competitors by not only focusing on traditional insurance but also emphasizing cybersecurity and data protection to keep clients' information safe. AIG'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

INACTIVE