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Senior Underwriter Financial Lines (MLC & FI)
On-site in Madrid·Full-time·Added 2 months ago
Overview
Job details
Full-time hours
Per the ad.
Requirements
Have the right to work in Spain
AIG doesn't mention sponsorship in the ad.
Work in English
English is required, per the ad.
Work on-site in Madrid
No relocation package mentioned.
Have senior-level experience
Senior-level role.
University degree
“Law, Economics, Business Administration or Risk Management degree preferred.” — per the ad.
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.
Requirements
What we're looking for
Job Profile - Requirements and skills - What we're looking for:
Relevant experience in Commercial insurance at Financial Lines departments
Fluent English skills (written & spoken)
Strong analytical and technical skills
Outgoing and entrepreneurial personality
Negotiating, communications and presentations skills
Good communication and interpersonal skills
Cross Functional Collaboration and Teamwork
Client Focus and Solution Orientation: Problem Solving
Challenging with humility
Nice to have
Law, Economics, Business Administration or Risk Management degree preferred.
The role
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.
What you'll do
Underwrite Assigned risks: MLC (Management Liabilities Commercial) and FI (Financial Institutions) at Financial Lines department.
To comply with the terms of personal underwriting authority.
Exercising judgment, negotiating and making sound business decisions effectively based on level of authority.
Develop relationships with brokers
Identify cross-selling opportunities with different Lines of Business
Drive sales process on new products
Assist Front Desk Unit/Customer Service Group
Maintain a list of target and generate submission to meet NB targets
Knowledge of Underwriting concepts, practices, procedures and techniques
Review, evaluate and recommend modifications to underwriting guidelines
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
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)
Additional information
It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, colour, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
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