Underwriter - Financial Lines

AIG • Río Piedras, PR

5d • Onsite

About The Position

AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. 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.

Requirements

• Bachelor’s Degree in Business Administration (Accounting, Finance, or Related Area of Study Preferred) or equivalent combination of education and years of experience.
• This role suits candidates that already have proven exposure to underwriting concepts and experience.
• Proficient in Adobe and MS Excel, Word, PowerPoint and Outlook.
• Excellent communication skills in English and Spanish including verbal, written and negotiation as well as networking and relationship building skills to integrate with our key brokers and provide excellent service.
• Good organizational and time management skills.
• Customer and Sales orientated behaviors: motivated, tenacious, focused, technically skilled, proactive, and accountable.
• Excellent customer service skills.
• Analytical thinking and strategic viewpoint is necessary to understand and manage complex clients.

Responsibilities

• Responsible for underwriting a range of new and renewal business, using your proven relationship building skills.
• Negotiate pricing, terms & conditions, and deal structure with brokers and clients.
• Negotiate internally and externally the underwriting of accounts and analyze financial statements, applications and other supporting documents. Request additional information to insurance brokers to analyze the risk, if it was deemed relevant.
• Generate new business by expanding your broker network, attending broker events, and building new relationships across the market. Collaborate with AIG Distribution and underwriters in other business lines to target desirable accounts and cross-selling opportunities.
• Evaluate risks, quote and issue financial lines policies to increase production on profitable lines of business.
• Determine the acceptability of the risk and appropriate premium for coverage offered in accordance with the established underwriting guidelines.
• Provide support in the training of Brokers and Insureds about our products.
• Contribute to operational efficiencies.
• Any other related task, responsibility or project requested by the Company.

Benefits

• 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

What This Job Offers

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