M&A Analyst, Financial Lines
About The Position
Join us as a M&A Analyst, Financial Lines to grow your career at the forefront of transactional insurance. AIG Underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients. We are reimagining how we help customers to manage risk, transforming our operating model and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG. How you will create an impact Support of underwriting team specializing in underwriting of insurable risks as they relate to corporate M&A transactions (including preparation of deal documents) and development of relationships with M&A source producers (brokers, lawyers and private equity fund principals). The Analyst will support the transactional insurance team, including representations and warranties insurance, tax liability insurance and contingent liability insurance.
Requirements
- Strong written and oral communication skills
- Highly focused, enthusiastic and creative thinker
- Strong interpersonal skills and ability to collaboratively work on a global basis
- Ability to be a self-starter and work independently
- College graduate
- 0-1 years of experience preferred
Nice To Haves
- Advanced Excel skills are a strong plus
- Specific experience with M&A, insurance sector or other financial institutions a strong plus
Responsibilities
- Conduct background research on the parties to a particular transaction and the industries in which they operate.
- Review and understand the client's motivation for requesting the insurance coverage, the role the insurance is playing in the transaction, and the value of the insurance to the transaction.
- Review and understand documentation relevant to the analysis and assessment of the risk.
- Analyze and assess the underlying risk in accordance with the relevant product line policies and procedures.
- Prepare non-binding indication letters, insurance policies and binder agreements.
- Interact with clients, client’s advisors, brokers and other deal professionals.
- Participate on underwriting conference calls.
- Manage the underwriting process and, in cooperation with the legal department, the selection of and work performed by outside counsel.
- Present preliminary findings and conclusions to senior underwriters and management.
- Prepare regular targeted analyses on the book to assist management in various tasks.
Benefits
- Eligible for a bonus in accordance with the terms of the applicable incentive plan
- Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
