Posted:
11/25/2024, 3:57:00 PM
Location(s):
Hong Kong, China
Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior
Field(s):
Legal & Compliance
AIG’s underwriters develop insurance solutions that address the exposures of companies and individuals, and embody AIG’s tradition of innovation, bringing to market groundbreaking insurance solutions for our changing world. AIG’s underwriters help to find insurance solutions for risks from a range of areas including life insurance, aviation, financial lines, casualty, environmental, catastrophic events, high net worth individuals, and boardroom liabilities.
Your contribution at AIG
As an influencer at AIG, people come to you as a “go-to” source for help and support because of your deep knowledge and expertise. As a more experienced team member, you are capable of driving continual improvement and impacting the way that things get done. Because of your influence, whether direct or indirect, we are able to deliver powerful outcomes for our clients.
The Analyst will support the transactional insurance team, including representations and warranties insurance, tax liability insurance and contingent liability insurance. Among other things, the Analyst will:
- Conduct background research on the parties to a particular transaction and the industries in which they operate.
- Review and understand the client's motivation for requesting the insurance coverage, the role the insurance is playing in the transaction, and the value of the insurance to the transaction.
- Review and understand documentation relevant to the analysis and assessment of the risk.
- Analyze and assess the underlying risk in accordance with the relevant product line policies and procedures.
- Prepare non-binding indication letters, insurance policies and binder agreements.
- Interact with clients, client’s advisors, brokers and other deal professionals.
- Participate on underwriting conference calls.
- Manage the underwriting process and, in cooperation with the legal department, the selection of and work performed by outside counsel.
- Present preliminary findings and conclusions to senior underwriters and management.
What we are looking for
- Specific experience with M&A, insurance sector or other financial institutions a strong plus
- Strong written and oral communication skills
- Highly focused, enthusiastic and creative thinker
- Strong interpersonal skills and ability to collaboratively work on a global basis
- Ability to be a self-starter and work independently
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 - UnderwritingAIG International LimitedWebsite: 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