Junior Underwriter Financial Lines

AIG; Madrid; Presencial; EUR 30.000 - 50.000; Jornada completa

Descripción de la vacante

A global insurance provider is looking for a Junior Underwriter for their Financial Lines department in Madrid. This role involves underwriting new and renewal business and fostering relationships with brokers. The ideal candidate will have a degree in a related field, strong English communication skills, and an entrepreneurial mindset. Key responsibilities include risk assessment and business generation through broker collaboration.

Servicios

Total Rewards Program

Comprehensive benefits package

Focus on health and wellbeing

Formación

• Industry related work experience and summer internship is a plus.
• Some experience in Financial Lines insurance department is a plus.

Responsabilidades

• Underwrite new and renewal business in the Financial Lines department.
• Assess the desirability of risk through broker interaction.
• Collaborate with Sr. underwriters on tailored solutions.
• Maintain relationships with brokers to generate new business.

Conocimientos

Fluent English skills

Good communication and interpersonal skills

Client Focus and Solution Orientation

Cross Functional Collaboration and Teamwork

Outgoing and entrepreneurial personality

Educación

Degree in Law, Economics, Business Administration, or Risk Management

Descripción del empleo

Junior Underwriter Financial Lines

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 need to know:

• This role will focus on underwriting new and renewal business to help drive the profitable growth of our Financial Lines department.
• You will be responsible for assessing the desirability of risk through regular contact with brokers, close co‑ordination with AIG subject matter experts and robust reviews of claims history and general company information.
• Partner with underwriters for end‑to‑end processing of new and renewal business. Being involved in all areas that are required.
• Works closely with Sr. underwriters to develop and deliver tailored solutions.
• Work with allocated underwriters to set‑up, update and bind all underwriting systems and support platforms.
• Your relationships with brokers will be key to your success. You will need to provide excellent service to brokers through a consistent, timely, and proactive approach to underwriting. You will also aim to generate new business by expanding your broker network, attending broker events, and building new relationships across the market – in line with a sales plan established with your manager.
• Perform data analytics, referral documentation preparation and completion, as well as form checklist and working approval.
• Support with AIG tools as first information research about renewal accounts, such as claims track record, expiry conditions …etc.
• Support with product or endorsement amendments requested by the regional product team.

Job Profile - Requirements and skills - What we’re looking for:

• Industry related work experience and summer internship is a plus.
• Some experience in Financial Lines insurance department is a plus.
• Law, Economics, Business Administration or Risk Management degree preferred.
• Fluent English skills (written & spoken)
• Outgoing and entrepreneurial personality
• Good communication and interpersonal skills
• Cross Functional Collaboration and Teamwork
• Client Focus and Solution Orientation: Problem Solving
• Challenging with humility

We are an Equal Opportunity Employer. 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.

Ready to apply? We would love to hear from you.

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 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.

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 [e-mail].

Functional Area:

UW - Underwriting AIG Europe S.A. (Spain branch)