Product Development and Underwriting Support Analyst, Accident & Health

Posted:
9/26/2024, 1:23:56 AM

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Customer Success & Support ⋅ Sales & Account Management

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Product Development and Underwriting Suppport Analyst for the Accident & Health (A&H) team to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

 

Make your mark in Underwriting

 

AIG Underwriting teams help to find insurance solutions in areas including A&H, 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

  • Spearhead all aspect of product development including but not limited to establishing benefits structure, product proposition, service enhancements, research on products in the market, system setup and training of call centre staff.
  • Review of policy wordings, brochures and other materials in compliance with Corporate and Underwriting guidelines.
  • Assist Head of Underwriting and Assistant Underwriting Manager with underwriting requests from all minor lines under Accident and Health including review of coverage scope, setting up sound risk selection criteria and sales and referral underwriting standards.
  • Responsible in providing background information to set up underwriting guidelines of all products including risk selection criteria based on information from portfolio team working with Head of Underwriting and Assistant Underwriting Manager.
  • Work alongside Head of Underwriting/Assistant Underwriting Manager in reviewing and providing corrective action recommendation to address profitability challenges for all minor lines based on close interaction with the claims team to identify trends, fraudulent losses and frequencies.
  • Implement corrective action to protect profitability and monitor outcome.
  • Assist in preparing reports that may be required by management as and when necessary for individual portfolios.
  • Any other projects which may be assigned from time to time.

What you’ll need to succeed

  • CGI or PGI and BCP, and HI certified.
  • Relevant working experience in the Insurance industry.
  • Knowledge of underwriting concepts, product development is a plus.
  • Proven experience in financial analysis, portfolio management.
  • Strong analytical and quantitative skills.
  • Good problem solving, communication, interpersonal, negotiation, presentation, analytical and multitasking skills.
  • Outgoing person who is a strong team player with results driven focus and customer centric mindset.

#LI-RO1

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 belonging

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 our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity 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

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

AIG Asia Pacific Insurance Pte. Ltd.

American International Group

Website: https://aig.com/

Headquarter Location: New York, New York, United States

Employee Count: 10001+

Year Founded: 1919

IPO Status: Public

Industries: Commercial Insurance ⋅ Financial Services ⋅ Health Insurance ⋅ Insurance ⋅ Lending ⋅ Life Insurance ⋅ Property Insurance ⋅ Real Estate Investment ⋅ Retirement ⋅ Risk Management