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You will be updated with latest job alerts via emailMake your mark in Underwriting
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.
The AIG Facultative Desk Latin America underwrites a diversified facultative reinsurance portfolio in Property Energy Casualty Financial Lines Marine and Political Violence. Depending on our clients needs the Desk can deploy capacity on behalf of AIG and Talbot Lloyds Syndicate 1183 to reinsurance brokers and insurance companies across Latin America.
The Facultative Political Violence Senior Underwriter will collaborate with the Regional Product Leader and other underwriters to target and capture desirable accounts from the most appropriate entry point for the growth and profitability of the portfolio. This position is based in Miami FL and reports into the Regional Political Violence Product Leader of LAC Facultative Desk.
How you will create an impact
The Senior Underwriter Political Violence and Cyber White Label will be responsible for supporting the Facultative Desk Product Leader in setting the regional underwriting strategy and the day-to-day underwriting and management of the LATAM Political Violence and Cyber White Label portfolio written through the Miami FAC Desk including but not limited to:
Carry out the underwriting process of the risks received through the different distribution channels according to the in line corporate guidelines and the Profit Center.
Support in the generation of key performance indicators including but not limited to monitoring of submission flow by distribution channels effectiveness ratios analysis of losses/ claims behaviors among others
Collaborate in the development of business strategies development of new products preparation of budgets
Support in the preparation of commercial presentations newsletters marketing material and other initiatives for marketing and distribution.
Interact with different areas of the Company such as Claims Legal Compliance Actuarial Finance and Accounting among others for the proper development of the operations of the Division.
Interact and meet the requirements of our clients and intermediaries.
Drive underwriting excellence across the business by ensuring adherence to risk appetite underwriting and line setting guidelines technical rating and pricing adequacy.
Supports Product Leader driving development and execution of the AIG / Talbot underwriting strategy global underwriting guidelines and strategy. This includes monitoring portfolio performance aggregate exposures loss ratios and P&L.
Serve as the Center of Excellence for all AIG local offices collaborate with territory Managers and underwriters to target desirable accounts and identify cross selling opportunities.
Prepare key performance indicators including but not limited to monitoring of submission flow by distribution channels and analysis of losses/ claims behaviors among others.
Support in the preparation of presentations to both internal and external stakeholders as the business requires.
Maintain updated underwriting files based on corporate guidelines.
Ensures the required standards of governance systems and controls and regulatory compliance are established and maintained for the division.
What youll need to succeed
College or university degree in areas of Business Administration Political Science Finance or Legal
Reinsurance courses or certifications are desirable.
A minimum of 5 years experience interacting with in the Latin American insurance or reinsurance industry preferably in Political Violence / Property / Energy related products.
Commercial ability to work with reinsurance brokers and cedents which could provide target accounts to achieve our goals.
Superior problem solving and analytical skills with the ability to succinctly interpret data for executive review
Knowledge of Sharepoint and advanced MS Excel/Powerpoint/ Word
Resourceful and decisive with overall good reasoning ability and high degree of attention to detail.
Coverage terms clauses and wordings understanding and analysis.
Drive a culture that promotes collaboration diversity and inclusion.
Strong business acumen with a proven track record of making sound judgment backed by strong analytical and quantitative skills.
Develop strong long-term relationships with brokers and clients to profitably grow the portfolio.
Strategic and result oriented managing vision and purpose.
Ability to multi-task and prioritize workflows efficiently.
Effective negotiation and management skills.
Strong influencing and communications skills and ability to work collaboratively and manage stakeholders effectively in a matrix structure and across a wide geography.
Excellent written and verbal communication skills; Fluency in English and Spanish.
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 whats 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 securityas well as your professional developmentto 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 worlds 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
Were committed to creating a culture that truly respects and celebrates each others 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 AIGs 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 .
Functional Area:
Required Experience:
Senior IC
Full-Time