AIG’s life underwriters are responsible for determining if the company will accept the risk of an individual life insurance application sold in the United States, and are fundamental in generating long term profitable revenue for AIG. Underwriters are tasked with properly evaluating the risk exposure of a proposed insured, and assigning the appropriate premium for the requested coverage if approved.

The AIG Life Underwriting organization is responsible for underwriting new individual life insurance applications with a focus on delivering a best in class customer experience while maintaining profitable mortality for the shareholders. Underwriting team members assess medical, nonmedical, and financial risks on applications for individual life insurance applications.

Underwriting Analyst Description

Joining AIG as an Underwriting Analyst is a great way to enhance business acumen and to gain insight into the insurance industry. Analysts work within a business or function and gain broad exposure to their particular areas of interest. The program is an exclusive and competitive track for graduates from many degrees and disciplines. Analysts will be exposed to the company’s global nature almost immediately; at the start of the program, all global participants will convene for orientation and training.

In addition to the experience acquired on the job, Analysts will participate in global training that will help them learn and become accustomed to and integrate into the culture of AIG. Furthermore, Analysts will receive detailed performance feedback and will experience invaluable networking opportunities with both junior- and senior-level AIG employees across multiple divisions. Considerable emphasis will also be placed on training and development to help build both soft and technical business skills.

In this role, Underwriting Analysts begin careers as professional life insurance underwriters, and learn to provide medical and financial risk assessment on applications for individual life insurance applications. Successful underwriters accurately assess medical and financial risk while also supporting sales. Underwriters interact frequently with producers and therefore the role requires a customer centric attitude, excellent communication skills as well as accountability for accurate and prompt processing.

Required:

• Minimum grade point average of 3.2 (unofficial transcript required upon application)
• Pursuant of a Bachelor’s or Master’s degree
• Preferred areas of academic focus: math, science, risk management/insurance, literature, liberal arts, languages, or kinesiology
• Bilingual in Mandarin/English, Cantonese/English, or Korean/English preferred but not required

Preferred:

AIG seeks candidates who have demonstrated outstanding academic and extracurricular achievement, possess strong analytical, quantitative and interpersonal skills, and are enthusiastic about and committed to the insurance industry.

Life underwriters are encouraged to pursue professional designations offered by the Academy of Life Underwriters (ALU) and the Life Office Management Association (LOMA). AIG provides tuition reimbursement and bonuses for achieving industry designations in a timely manner.

AIG is of the world's largest insurance organizations with more than 88 million customers across the globe. It's a leader in property casualty insurance and life and retirement services, and it's more than the sum of its parts. It's a network of approximately 60,000 people in more than 90 countries who come together every day to take on the world’s new challenges.