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Commercial Property Underwriter

On-site in Madrid·Full-time·Added 13 days ago (last checked 4 Oct)

AIG

11 open roles

Overview

Job details

  • Full-time

    Per the ad.

Visa options

  • The ad doesn’t mention sponsorship

    Not a refusal, but not a yes. Worth asking in your first message.

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Requirements

  • Work in English

    English is required, per the ad.

  • Work on-site in Madrid

    No relocation package mentioned.

Benefits

  • Life insurance

    Per the ad.

Skills

Requirements

What we're looking for

  • Experience in property underwriting experience and strong technical insurance knowledge, with particular focus on the international market. Terrorism underwriting experience is an advantage.
  • Excellent interpersonal, written communication skills including delivery of presentations to all levels of stakeholders, including claims and distribution (both broker and client engagement).
  • Proven ability to build relationships with brokers and clients.
  • An appreciation and understanding of legal/regulatory requirements
  • Good organizational skills with proven ability to prioritize workload.
  • Proven ability to lead client and broker negotiations.
  • Highly numerate.
  • Competent in IT packages.
  • Fluent in English (written and spoken)

Nice to have

  • Education preferred: Engineering Degree or equivalent.
  • Multinational experience and knowledge of local markets/regulations advantageous.

Pay & benefits

What you'll get

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.

The role

General Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world's most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.

What you'll do

  • Contribute to the strategic development of our Multinational portfolio;
  • Develop and lead broker relationships establishing accretive pipelines, and for cross selling opportunities across the AIG network.
  • Work cross functionally with other areas in AIG to achieve corporate objectives.
  • Work within agreed decision-making standards, limitations, authorities and underwriting guidelines.
  • Working collaboratively in a team environment including development and training of junior staff
  • Achieve satisfactory ratings on all underwriting quality reviews.
  • Ensure all corporate service standards are maintained to both brokers & internal colleagues.
  • Ability to prioritize workload and to use own initiative for both internal and external issues.
  • Maintain and develop strong broker and client relationships.
  • Support the culture of continuous improvement in all areas including improving processes to make the business more efficient and creating an environment where people are encouraged to take initiative and responsibility.
  • Identify and develop client focused products and strategies.
  • Reinsurance capabilities and solutions driven

How you'll work

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.

About AIG

AIG presents itself as "a global risk leader with deep industry expertise and innovative solutions to smartly manage risk", enabling its clients' growth through risk management solutions. The breadth of its advertised roles points to a large insurance business spanning property and casualty underwriting, marine and cargo, financial lines, casualty, accident & health, and renewable energy underwriting, alongside claims adjusting, actuarial and data functions, and corporate functions such as legal, finance, and security engineering.

AIG currently advertises numerous open positions in Spain, including leadership roles such as "Head of Financial Lines Iberia", underwriting and claims positions, and specialist analyst and engineering roles. Some positions require specific language skills, such as a "Broker Service Desk Officer (French Speaker)", indicating client-facing functions serving international markets. The company's careers page emphasizes that "our people are our greatest strength" and encourages colleagues to give back to their communities.

Good to know if you are moving

  • AIG describes itself as "a global risk leader with deep industry expertise and innovative solutions to smartly manage risk".
  • AIG currently advertises a wide range of open roles in Spain, spanning underwriting, claims, actuarial/data, legal, finance, and security engineering functions.
  • Spain roles include senior leadership positions such as "Head of Financial Lines Iberia" and specialist underwriting roles in marine, cargo, cyber, casualty, and renewable energy.
  • Some Spain-based roles require specific language skills, such as "Broker Service Desk Officer (French Speaker)".
  • The careers page emphasizes that "our people are our greatest strength" and encourages colleagues to give back to their communities.

In their own words

About the company & team

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

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 candidatecare@aig.com.

Functional Area:

UW - UnderwritingAIG Europe S.A. (Spain branch)

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