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AIG

Underwrites insurance for businesses and individuals

Multinational Client Coordinator

Insurance Sales & AgencyPosted on Nov 6
Full-timeMadrid, SpainNo salary listed

About the Job

Requirements

  • Fluency in English is required.
  • Strong technical knowledge of complex multinational programs, including producing and issuing policies, reinsurance structures, and experience with multinational environments and processes.
  • Commercial insurance experience, preferably in client servicing from a broker or insurance company background.
  • Strong administration skills and attention to detail.
  • Written and verbal communication and interpersonal skills.
  • Ability to work autonomously and on one's own initiative.
  • Time management skills and the ability to handle multiple priorities, organize work, and meet deadlines.
  • Ability to clearly articulate ideas.
  • A record of collaboration and building strong relationships with key internal and external stakeholders.
  • Ability to identify operational improvements and gain technical knowledge or experience to carry them out.
  • Computer literacy, including IT packages, Microsoft Outlook, Excel, and Word.

Responsibilities

  • Coordinate day-to-day multinational servicing activities, including producing and issuing, throughout the program lifecycle for an assigned portfolio of accounts.
  • Provide local technical and administrative support to the Issuing Office Multinational Specialist, coordinate service requirements for the local portion of the Controlled Master Program, and manage communication and relationships with producing offices, clients or brokers, and Shared Services teams.
  • Manage pre-bind activities by completing territorial analyses of multinational regulatory requirements for quotation documents using available AIG tools and technology.
  • Collect other regulatory information affecting programs, including tariffs or minimum rates, mandatory retentions or cessions, and regulatory matters requiring engagement with the AIG network before binding.
  • Promote and drive adoption of the AIG Multinational End-to-End process so all parties understand and commit to roles, responsibilities, and timelines.
  • Coordinate service requirements for the local portion of the Controlled Master Program.
  • Manage communications and relationships with producing offices, brokers or clients, and Shared Services Processing Teams in conjunction with the producing office.
  • Ensure adherence to AIG protocols and guidelines.
  • Complete hand-off documentation to the Multinational Administrator or Multinational Operations for release of network instructions, including reinsurance and captive structuring, accurately and in line with bound program terms.
  • Monitor program implementation and work with underwriting, the Multinational Client Executive, and the AIG network to address network issues and rejects.
  • Engage with AIG Reinsurance to monitor cash-flow guarantees and PPWs and ensure contractual requirements and performance standards are met.
  • Track performance and escalate as necessary to ensure documentation is issued within agreed timeframes and premiums are collected in line with AIG payment terms.
  • Provide regular program-performance updates to the appointed broker or direct client until implementation is complete.
  • Address ad hoc mid-term enquiries, including endorsements, certificate requirements, and other administrative or servicing requests, engaging the appropriate authority holder for approvals when required.
  • Provide tracking and performance information to underwriting and the Multinational Client Executive for periodic client stewardship meetings and participate in those meetings.
  • Provide multinational subject-matter expertise and support colleagues on program design, territorial information, and multinational problem-solving as needed.
  • Guide and support internal stakeholders on operational processes and information requirements for reinsurance placements on multinational programs.

Desired Qualifications

  • Commercial insurance experience in client servicing, preferably from a broker or insurance company background.

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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