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AIG

Underwrites insurance for businesses and individuals

Team Lead – Operations Processing

Full-TimeUpdated on 10/23/2026
No salary listed
Senior
Bangkok, Thailand
In PersonPrimarily in the office.
Business & StrategyBusiness Operations

About the job

Requirements
  • 5–7 years of experience in insurance operations, policy servicing, or underwriting support.
  • Experience in operational excellence, process improvement, project management, and project execution.
  • Strong understanding of insurance operations, policy servicing processes, and customer experience management.
  • Strong analytical, problem-solving, and organizational skills with attention to detail.
  • Strong communication and interpersonal skills to engage effectively with internal and external stakeholders.
  • Experience supporting operational transformation, change management, and continuous improvement initiatives.
  • Ability to manage multiple priorities and deliver results in a fast-paced environment.
  • Ability to remain professional and composed when managing competing priorities or challenging situations.
  • Proficiency in Microsoft Office applications, particularly Word and Excel.
  • Good command of Thai and English, both written and spoken.
Responsibilities
  • Drive and execute operational improvement initiatives across processes, services, and systems to enhance efficiency, support business growth, and optimize costs.
  • Serve as a subject matter expert for policy servicing processes, providing guidance and expertise to stakeholders across the organization.
  • Partner with business and operational stakeholders to identify, prioritize, and implement process improvement initiatives within agreed timelines.
  • Prepare and analyze operational key performance indicators, management reports, and performance metrics, and provide recommendations to improve operational performance and customer experience.
  • Manage the review, update, communication, and governance of Standard Operating Procedures to ensure consistency and compliance.
  • Conduct periodic reviews and audits of outsourced service providers and third-party vendors, ensuring appropriate controls are in place and operational risks are effectively managed.
  • Support business projects and strategic initiatives by providing operational expertise, consultation, and execution support.
  • Lead and coordinate operational change initiatives, including process enhancements, system implementations, and service improvements.
  • Collaborate with stakeholders across Operations, Underwriting, Distribution, Technology, and other business functions to drive operational excellence.
  • Support the Head of Operations and Policy Servicing Operations Manager with operational planning, governance activities, reporting, and other ad hoc assignments.
Desired Qualifications
  • Experience in insurance operations, policy servicing, or underwriting support within Accident & Health and Motor Insurance is preferred.
  • Intermediate to advanced Excel skills are an advantage.

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.