M&A Analyst, Financial Lines

American International Group; New York (NY); Hybrid; USD 65,000 - 67,000; Full time

Job summary

American International Group in New York seeks a M&A Analyst, Financial Lines to support underwriting of insurable risks in corporate transactions, including representations and warranties insurance. The role partners with brokers, lawyers and deal teams to assess risk and structure coverage.

You will conduct background research, analyze deal-related risk, prepare indication letters and binder documents, and participate in underwriting calls.

Qualifications

• Strong written and oral communication skills.
• Highly focused, enthusiastic and creative thinker.
• Advanced Excel skills are a strong plus.
• Specific experience with M&A, insurance sector or financial institutions a strong plus.

Responsibilities

• Conduct background research on the parties to a transaction and the industries in which they operate.
• Review client motivation for insurance coverage and its role in the transaction.
• Review documentation relevant to the analysis and risk assessment.
• Analyze and assess underlying risk per product line policies and procedures.
• Prepare non-binding indication letters, policies and binder agreements.
• Interact with clients, brokers, lawyers and other deal professionals.
• Participate on underwriting conference calls.
• Manage underwriting process with legal and outside counsel.
• Present preliminary findings to senior underwriters and management.
• Prepare targeted analyses for management.

Skills

Strong communication

Self-starter

Team collaboration

Independent work

Education

College degree

Tools

Excel

M&A experience

Insurance sector

Job description

Join us as a M&A Analyst, Financial Lines to grow your career at the forefront of transactional insurance. Make your make in Underwriting AIG Underwriting teams help to find insurance solutions in areas including 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 Support of underwriting team specializing in underwriting of insurable risks as they relate to corporate M&A transactions (including preparation of deal documents) and development of relationships with M&A source producers (brokers, lawyers and private equity fund principals). The Analyst will support the transactional insurance team, including representations and warranties insurance, tax liability insurance and contingent liability insurance.

• 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.
• Prepare regular targeted analyses on the book to assist management in various tasks.

What you will need to succeed

LEADERSHIP SKILLS:

• 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

TECHNICAL SKILLS & EXPERIENCE:

• College graduate
• Advanced Excel skills are a strong plus
• Specific experience with M&A, insurance sector or other financial institutions a strong plus

0-1 years of experience preferred

The base salary range for this position is $65,000-$67,000, and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We're proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview. #LI-AIG

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.

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 inclusion

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 [e-mail].

Functional Area: UW - Underwriting Risk Specialists Companies Insurance Agency, Inc.

As a global risk leader with deep industry expertise and innovative solutions to smartly manage risk, AIG enables our clients' growth in ways they never thought possible.

We also do the same for our colleagues, because we know our people are our greatest strength - the source of every insight, every idea and every innovation.

When we're working as one team to do what's right for our colleagues and our communities, we can achieve excellence together.

We encourage colleagues to give back to the causes they care most, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.

Additional information about AIG can be found at www.aig.com | YouTube | Instagram| LinkedIn.