Multinational Analyst Job at AIG
Multinational Analyst
Location:
Los Angeles, CA
San Francisco, CA
Who we are
American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.
Get to know the business
General Insurance is a leading provider of insurance products and services for commercial
and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through
a diversified, multichannel distribution network.
and personal insurance customers. It includes one of the world’s most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through
a diversified, multichannel distribution network.
AIG’s Multinational business is an exciting area within General Insurance that will challenge you every day to explore new opportunities for our clients worldwide. As a trusted advisor, you will tailor multinational insurance solutions for our global clients, empowering them to operate across borders with confidence and consistency. Partner with a dynamic, global team of experts, including underwriters, risk engineers, and analytics and claims professionals, to design, implement and service multinational insurance programs. This includes issuing timely policies, providing regulatory advice, sharing local knowledge, supporting efficient money movement capabilities and deploying large fronted limits.
AIG Multinational professionals have the diverse skills and expertise necessary to deliver customized, compliant and seamless solutions that support our clients’ risk management objectives. With in-depth knowledge of local markets, practices and regulations, Multinational provides world-class insurance solutions and helps clients successfully navigate their cross-border risks, wherever in the world their businesses take them.
Role Summary
External broker and client facing role supporting underwriters and the Multinational Client Executives on the day-to-day servicing of a portfolio of Multinational programs.
About the role
What you need to know:
- With the support of your manager and more experienced staff, assist in the coordination of the day-to-day multinational servicing activities throughout the program lifecycle on an assigned portfolio of accounts.
- Support pre-bind activities including:
- Utilizing available AIG tools and technology, the completion of a comprehensive territorial analysis detailing the multinational regulatory requirements to be included in the quotation document.
- Collection of any other specific regulatory information impacting the program including tariff and / or minimum rates, mandatory retentions or cessions and any other regulatory matters requiring engagement with the AIG network prior to binding.
- Assist in promoting the adoption of the AIG Multinational End-to-End process, so that all parties understand and commit to roles, responsibilities and expected timelines, to provide an elevated service performance and deliver contract certainty.
- Assistance with the drafting and collection of facultative reinsurance documentation where required, ensuring adherence to AIG protocols and guidelines.
- Assist in the completion of hand-off documentation to the Multinational Administrator / Multinational Operations for the release of network instructions ensuring 100% accuracy and in line with bound program terms.
- Support post-bind activities including:
- Provide assistance in monitoring of program implementation to ensure network issues and rejects are addressed effectively and efficiently working in collaboration with underwriting, the Multinational Client Executive, and the AIG network as applicable.
- Help to track performance and escalate where necessary utilizing appropriate escalation channels to ensure documentation is issued within agreed timeframes and premiums are collected in line with AIG payment terms.
- In conjunction with manager or more experienced staff, provide regular updates to the appointed broker (or client if direct) on program performance until fully implemented.
- Assist in ongoing account servicing:
- In partnership with manager or more experienced staff, address any ad hoc mid-term enquiries including endorsements, certificate requirements or any other administrative or servicing request ensuring engagement with appropriate authority holder for approvals where required.
- Provide tracking and performance information to underwriting and Multinational Client Executive for inclusion in periodic client stewardship meetings in which you would participate.
- General:
- Build strong relationships with underwriters and distribution to promote AIG Multinational.
- Help support and contribute to internal and external strategies that align our product offerings and grow AIG multinational business.
- Provide superior customer service to brokers and clients (internal and external).
- Actively seek out ways to build industry and multinational subject matter expertise, by learning more about multinational capabilities, program design, and territorial information through formal and informal learning opportunities.
What we’re looking for:
- Previous professional experience in an insurance or corporate environment.
- Excellent interpersonal, communication and analytical skills.
- Excellent organizational skills and ability to handle multiple tasks in a high-volume, fast-paced environment.
- Ability to work in dynamic, rapidly changing environment; adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions.
- Detail-oriented with demonstrated ability to self-direct, prioritize work, and meet deadlines.
- Takes initiative on projects and assignments, seeks alternate solutions when necessary.
- Highly motivated and results oriented
- Computer literacy required: IT packages, MS Outlook, Excel, Word
For positions based in California, the base salary range is $55,000 to $68,000, which is based upon the assumption that the position is located in the greater Los Angeles area. and $64,000 to $70,000 in the San Francisco area. However, the final base salary offered to a candidate may be higher or lower than the range depending on a number of factors, including the candidate’s specific work location. This position is also eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: Benefits Overview.
#LI-AIG
A look at our Benefits
We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.
We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.
We are an Equal Opportunity Employer
American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide 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 such as sexual orientation. 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. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
To learn more please visit:
https://www.aig.com/about-us/diversity-equity-and-inclusion
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to
We consider qualified applicants with criminal histories, consistent with applicable law.
candidatecare@aig.com
. Reasonable accommodations will be determined on a case-by-case basis.
Functional Area:
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