M&A Analyst, Financial Lines

AIG • New York, NY

1d • Onsite

About The Position

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

• College graduate
• Advanced Excel skills are a strong plus
• Specific experience with M&A, insurance sector or other financial institutions a strong plus.
• 0-1 years of experience preferred
• 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.

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

• 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
• Volunteer Time Off and Matching Grants Programs

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level