Underwriter - Financial Lines

AIG; San Juan (PR); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

Total Rewards Program

Job summary

AIG is seeking an experienced Underwriter to assess and price risk across Financial Lines, Property, Casualty, and specialty areas in a Puerto Rico office. The role emphasizes building broker relationships, handling renewals, and delivering tailored insurance solutions.

You will negotiate terms, analyze financial statements, and collaborate with distribution to drive profitable growth. Strong English/Spanish communication and office-based collaboration are essential.

Qualifications

• Bachelor’s degree in business administration or related field.
• Exposure to underwriting concepts and experience preferred.
• Proficient in Adobe and MS Office applications.
• Excellent English and Spanish communication, verbal and written.

Responsibilities

• Underwrite a range of new and renewal business with brokers and clients.
• Negotiate pricing, terms, conditions, and deal structure.
• Analyze applications, financial statements, and supporting documents; request information as needed.
• Expand broker network and generate new business across markets.
• Evaluate risks and issue policies in line with underwriting guidelines.
• Provide training support to brokers and insureds as needed.
• Contribute to operational efficiencies and team objectives.
• Handle additional tasks as assigned by the company.

Skills

English & Spanish communication

Relationship building

Education

Bachelor’s Degree in Business Administration (Accounting, Finance, or Related Area of Study Pref.)

Tools

Adobe

MS Excel

MS Word

MS PowerPoint

Outlook

Job description

Join us as an Underwriter to make a greater impact through your technical expertise and people skills.

Make your mark in Underwriting

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.

How You Will Create An Impact

• Responsible for underwriting a range of new and renewal business, using your proven relationship building skills.
• Negotiate pricing, terms & conditions, and deal structure with brokers and clients.
• Negotiate internally and externally the underwriting of accounts and analyze financial statements, applications and other supporting documents. Request additional information to insurance brokers to analyze the risk, if it was deemed relevant.
• Generate new business by expanding your broker network, attending broker events, and building new relationships across the market. Collaborate with AIG Distribution and underwriters in other business lines to target desirable accounts and cross-selling opportunities.
• Evaluate risks, quote and issue financial lines policies to increase production on profitable lines of business.
• Determine the acceptability of the risk and appropriate premium for coverage offered in accordance with the established underwriting guidelines.
• Provide support in the training of Brokers and Insureds about our products.
• Contribute to operational efficiencies.
• Any other related task, responsibility or project requested by the Company.

What You’ll Need To Succeed

• Bachelor’s Degree in Business Administration (Accounting, Finance, or Related Area of Study Preferred) or equivalent combination of education and years of experience.
• This role suits candidates that already have proven exposure to underwriting concepts and experience.
• Proficient in Adobe and MS Excel, Word, PowerPoint and Outlook.
• Excellent communication skills in English and Spanish including verbal, written and negotiation as well as networking and relationship building skills to integrate with our key brokers and provide excellent service.
• Good organizational and time management skills.
• Customer and Sales orientated behaviors: motivated, tenacious, focused, technically skilled, proactive, and accountable.
• Excellent customer service skills.
• Analytical thinking and strategic viewpoint is necessary to understand and manage complex clients.

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

AIG Insurance Company - Puerto Rico