Who we areAmerican International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance in approximately 70 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets and manage risks.
We’re also committed to making a positive difference for our colleagues and in the communities where we work and live. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.
Get to Know the Business
General Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. AIG offers a broad range of products to customers through a diversified, multichannel distribution network.
Talbot U.S., a leading U.S.-based Lloyd’s Coverholder/MGA writing on behalf of its parent company, Talbot Underwriting Ltd. (Syndicate 1183), both wholly owned subsidiaries of AIG, is strengthening its leadership position in the E&S market by expanding its team, product, and reach. We aspire to make Talbot the best in the industry for all of our specialty products and services; driving an end-to-end business that delivers exceptional outcomes for our brokers and clients. Talbot is the premier home of global specialized underwriters, addressing the most challenging risks in the market, providing thought leadership and innovative solutions, working to solve our client’s needs as quickly as possible.
Responsibilities:
Operational Excellence
Maintain consistent best practices and guidelines to ensure the team execute its plan
Assist Underwriters in carrying out their duties and generally assist in the efficient running and management of the team
Constant communication with Underwriters to ensure completing of written business
Responsible for the accuracy and timely transmission of all necessary binding documentation within deadlines
Ensure that all checklist requirements are met for each bound account
Once bound make account “live” in the Underwriting System
Maintain and load all documents into the Document Management System on a timely basis
Enter endorsements, declarations, lists, quotes, declinatures and promised lines into the System
Make necessary broker calls and or email to ensure completing of those accounts
Maintaining the “not taken up/declined + active” accounts filing system
Master the Underwriting System input and interface
Interaction with brokers as part of the underwriting process
Preparing of marketing materials and presentations
Development and production of monthly ad hoc reports as necessary
Provide assistance to the Operations and Finance department with resolving premium discrepancies and annual audit process with information gathering and requests
Adhere to Risk Management and Sarbanes-Oxley guidelines and escalate any issues to the Operations Manager
Participate and assist with testing and feedback of new systems development
Expense report preparation
Travel arrangements
Assist in ensuring other underwriters with the U.S. team underwrite in accordance with underwriting authority
Ensure accuracy in the administration of the document management and workflow systems, as well as the maintenance of files and records and peer review is carried out in accordance to internal procedures
Ensure that premium entries in the Company’s systems are reviewed and accurately maintained in accordance with applicable procedures
Ensure no errors or omissions of risks are entered into the system
Act in accordance with all regulatory standards and principles at all times
Maintain a good understanding of the underwriting philosophy, criteria and risk appetite of the team
Collaborate
Collaboration with Underwriters to prepare procedures to improve the process for the department
Team Culture
Do your part to help maintain and build-on our diverse and inclusive team
Ability to interact and find success in navigating various cultures and situational challenges
Job Requirements:
Experience: 1+ year insurance experience, preferred, but not required
Skills:
Willingness to be flexible, learn on the job, and maintain a can-do attitude
Comfort with analytical tools and technology
Excellent interpersonal, communication, and presentation skills
Ability to share knowledge with other team members and assist in their development
Proficiency with the Microsoft Office Suite of applications
Organizational and timekeeping skills and a strong sense of attention to detail are essential
The ability to deal effectively and courteously with clients and colleagues, and to exercise discretion and confidentiality in all matters
Education
Bachelor’s degree strongly preferred, but not required
For positions based in New York City , the base salary range is $51,000-$70,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, We’re proud to offer a range of competitive benefits, a summary of which can be viewed here: AIG Benefits Overview. (https://sprcdn-assets.sprinklr.com/248/0a780968-b61c-4521-b06e-ffe3eb552e83-228292781/New_Hire_Benefits_Overview_202.pdf)
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A look at our Benefits
We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.
We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.
We are an Equal Opportunity Employer
American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
To learn more please visit: https://www.aig.com/about-us/diversity-equity-and-inclusion
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to [email protected] . Reasonable accommodations will be determined on a case-by-case basis.
Functional Area:
UW - Underwriting
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
Validus Services, Inc.
At AIG, helping people discover new potential is our purpose. As a global risk leader, we do this for our clients every day. Through our deep expertise in their industries and our innovative solutions that help them smartly manage risk, we enable their growth in ways they never thought possible.
But we also do the same thing for our employees, because we know our people are our greatest strength-the source of every insight, every idea and every innovation. When we're working as one team to do what's right for our colleagues and our communities, we can achieve excellence together. We encourage colleagues to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.
Join our Talent Network (http://www.aig.com/careers/life-at-aig/join-the-talent-network) . Additional information about AIG can be found at www.aig.com | YouTube (http://www.youtube.com/aig) | Twitter (http://www.twitter.com/AIGInsurance) | LinkedIn (http://www.linkedin.com/company/aig) . These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.