American International Group

Global Property Underwriting Specialist

American International Group$140K — $170K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in a relevant insurance or underwriting role
  • Proficient in VBA for tool development and programming collaboration
  • Demonstrated ability to build and understand strategic initiatives
  • Experience working in diverse international environments
  • Strong collaboration skills across different seniorities
  • Proven ability to organize, prioritize, and manage multiple tasks effectively
  • Established network within the global insurance community

Responsibilities

  • Monitor and develop underwriting guidelines in collaboration with Global CUO Property
  • Update and manage the global Property SharePoint site
  • Act as SME for the SCUP initiative
  • Work with Policy Wording Specialists on policy needs and endorsements
  • Develop and support global/regional underwriting tools in partnership with relevant departments
  • Represent Property CUO in key projects and initiatives
  • Collaborate with Operations to enhance system and tool functionality
  • Own quarterly Property Facility bordereaux within CUO
  • Engage in global Property-specific projects across divisions
  • Drive data insight partnerships and analyze internal & external data

Benefits

  • Competitive benefits package including health and wellness programs
  • Opportunities for professional development and advancement
  • Incentive plan eligibility based on performance
  • Emphasis on in-person collaboration to foster a connected culture
  • Supportive work environment for team members
Full Job Description
The Global Property CUO team focuses on:

  • Global Property Strategy, Risk Appetite, Authority Framework, Guidelines.
  • Portfolio Steering for Global Commercial Property
  • Aggregation Risk (CAT, Terrorism, SRCC, 4 Wall. CBI etc.) monitoring and strategy
  • Developing tools to continually improve the Underwriting Experience.
  • Identifying, processing, and delivering data that improves decision making at the portfolio level and in the field.


How you will create an impact

  • Monitoring and developing Underwriting guidelines in collaboration with Global CUO Property
  • Responsible for updating and managing the global Property SharePoint side
  • SME for SCUP initiative
  • Working closely with Policy Wording Specialists on form needs and new endorsements.
  • Developing, and support in developing and reviewing CUO driven global and regional tools (including SCUP, GLMS, Cat reporting for UW) in collaboration with the relevant departments
  • Representation of the Property CUO in projects, including SCUP, data and digital initiatives and additional priorities identified moving forward.
  • Collaborate with senior members in Operations to bring an Underwriter's perspective to the development of our systems and tools, with the ultimate focus on user functionality.
  • Ownership of quarterly Property Facility bordereaux within CUO
  • Manage, collaborate and engage in various global Property specific projects across divisions.
  • Manage, maintain and update certain underwriting tools, as well as a connection with the field to escalate field tool needs.
  • In collaboration with CUO, manage and drive the data insight partnering in the team including analyzing internal & external data (i.e. scorecards)


What you'll need to succeed

  • Working knowledge how to build and understand strategies
  • Working knowledge of VBA to develop tools and offer relevant instruction to programming teams
  • Experience working across multiple countries and cultures
  • Experience in collaborating and working across different senior level
  • Proven organizational skills with the ability to prioritize and manage multiple tasks
  • Can demonstrate a background in developing and maintaining a broad network of contacts within a global insurance organization


Ready to take your career to the next level? We would love to hear from you.

The base salary range for positions in New York City is $140,000-$170,000. The base salary range for positions in Boston is $140,000-$170,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Your actual compensation will be dependent on your skills, experience, and qualifications. If your compensation expectations are above the posted range, we still encourage you to apply - your unique background matters to us. In addition, we're proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview.

The base salary for this position in Ontario is CAD $195,000-$235,000.

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#LI-AIG

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Functional Area:

UW - Underwriting

National Union Fire Insurance Company of Pittsburgh, Pa.

About American International Group

American International Group provides property insurance, life insurance, and financial services.

American International Group Careers

Join the dynamic team at American International Group (AIG), a leading global insurance organization, and propel your career into a future of opportunities and professional growth. At AIG, we are committed to fostering a culture of innovation, leadership, and diversity that is unmatched in the industry.

Work You’ll Do

At American International Group, you will collaborate with some of the brightest minds in the industry, dedicated to solving complex challenges and driving transformative solutions in the world of insurance. Our team is at the forefront of developing innovative insurance products that not only meet the needs of our clients worldwide but also anticipate future trends.

Explore Job Opportunities and Internships

Whether you're a seasoned professional looking for your next challenge or a recent graduate eager to start your career, AIG offers a range of job opportunities and internships across various functions. From underwriting and claims to finance and technology, your next position awaits you at AIG. Our internships provide invaluable hands-on experience, helping you to enhance your skills and make meaningful contributions from day one.

Grow and Develop Your Career

AIG believes in the power of continuous learning and offers extensive training and development programs to help you hone your skills and advance your career. Leadership development, diversity training, and innovation workshops are just a few examples of how we invest in our employees' growth and leadership capabilities.

Benefits and Culture

Joining AIG means more than just having a job; it means being part of a team that values diversity and is committed to creating an inclusive environment where everyone can thrive. We offer competitive benefits that support the health, well-being, and financial security of our employees and their families. At AIG, you will find a supportive network and a culture that applauds innovation and rewards performance.

Networking and Professional Development

We encourage our employees to build professional relationships both within and outside the company through networking events, professional groups, and career fairs. These opportunities not only enhance your career but also expand your professional network, which is vital in today’s dynamic job market.

Join Our Team

Search open positions that match your skills and interests on our Careers page. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level. Explore the exciting and rewarding career opportunities available at American International Group today.

Stay Connected

Keep up to date with the latest industry trends, career tips, and company news by subscribing to our careers blog. Personalize your experience by signing up for job alert emails tailored to your preferences and be the first to know about new openings and exclusive insights from professionals within AIG. At American International Group, your career is just the beginning – it’s a pathway to developing your skills, meeting new challenges, and making a difference in a global company known for its commitment to innovation and excellence. Join us and shape your future with AIG.
Learn more about American International Group
Size
36,600 employees
Market Cap
$46.4 billion
Industry
Net Income
-$5.9 billion
Founded
1919
5 Year Trend
-0.3%
Revenue
$43.7 billion
NASDAQ

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