American International Group

Underwriting Audit Manager

American International Group$100K — $130K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of industry experience with a significant P&C carrier, ideally in management positions with P&L responsibility.
  • 5+ years of experience within the Product organization of a P&C carrier, with a focus on underwriting a full range of products.
  • Experience working across multiple regions or countries is a strong advantage.
  • Ability to convey global strategy and provide direction to regional and country staff.
  • Deep knowledge of underwriting guidelines, risk management tools, and pricing methodologies, complemented by the ability to train others.
  • Familiarity with regulatory requirements in the insurance sector.
  • Understanding of actuarial functions including reserving and rate reviews.

Responsibilities

  • Determine adherence to the AIG Underwriting Control Framework across all legal entities.
  • Review and assess underwriting quality, pricing compliance, and portfolio management.
  • Conduct audits annually and prepare action plans based on findings and recommendations.
  • Provide insights on underwriting performance and growth strategies to senior management.
  • Support the Global Head of Underwriting Audit with local industry knowledge and training initiatives.
  • Assist the Global Product team on various project initiatives as needed.
  • Leverage underwriting audits to assess operational capabilities in line with strategic business plans.

Benefits

  • Comprehensive benefits package focused on health, wellbeing, and financial security.
  • Professional development opportunities to enhance skills and career growth.
  • Inclusive workplace culture that values diverse backgrounds and perspectives.
  • Employee Resource Groups (ERGs) to foster community and inclusion.
  • Flexible work environment encouraging in-person collaboration to enhance teamwork.
Full Job Description


Job Description

At AIG, we are reimagining the way we help customers to manage risk. Join us as Underwriting Audit Manager to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team and to work with some of the industry’s top talent.

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

The purpose of the Underwriting Quality Manager for Commercial Property Insurance Products is to determine adherence to the AIG Underwriting Control Framework. This includes adherence to the underwriting authority, underwriting guidelines, procedures and rules, AIG Corporate, AIG CUO or Product Specific standards and policies as they relate to the Commercial Property across all legal entities. Review underwriting quality, pricing compliance, portfolio management utilization, management controls and provide senior management with commentary on the overall underwriting, go-forward critical profitable growth plans and improved control on the legacy book and financial health of the entity being reviewed. Leverage underwriting audits for capability assessments of operations in light of Product strategic business plans.

  • The Underwriting Quality Manager will perform these tasks per their specific areas of expertise, but will also gain exposure to other lines of business like Energy, Construction and Aerospace.

  • The Underwriting Quality Manager will also provide support to the Global Head of Underwriting Audit with local industry knowledge and support training initiatives.

  • In addition, the Underwriting Quality Manager will support the Global Product team on project initiatives from time to time.  

  • Conduct audits annually across all legal entities/portfolios. Undertake pre-audit work, use audit tools, discuss grade and findings in wrap-up meetings; review critical findings and recommendations with Audited Entity, Country, Regional and Global Product teams; prepare reports; vet action plans.

What you'll need to succeed

  • 10+ years industry experience with a P&C carrier of significant market size. Management positions in underwriting with P&L responsibility is strongly preferable. Audit or Actuarial experience a strong plus.

  • 5+ years’ experience with a P&C carrier within the Product organization. Proven experience in underwriting a full range of products, placing facultative reinsurance, effective demonstration of management controls and utilization of portfolio management tools, and working with diverse distribution channels are preferable.

  • Working experience in multiple regions/countries is a strong plus.  

  • Ability to provide direction and convey strategy of Global Home Office, Underwriting Audit and Underwriting Governance to Regional and Country staff.

  • Excellent knowledge of product line underwriting guidelines, risk appetite, tools, processes, management controls and pricing methodologies, including the ability to train this knowledge to others.  

  • Working knowledge of regulator requirements.

  • Working knowledge of the actuarial function (e.g. reserving, DAC accounting, development of experience and statistical rating – aka rate reviews) and the business analytics area.


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

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.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our 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—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides 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.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.  If you believe you need a reasonable accommodation, please send an email to [email protected].  

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

Similar Jobs

More Jobs at American International Group

More Finance & Insurance Jobs

Find similar Underwriting Audit Manager jobs: