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Underwriter - Property

American International Group, Inc.
Hato Rey, Puerto Rico
On-site

About this role

Job title: Underwriter - Property

About the Role Join American International Group, Inc. (AIG) as an Underwriter - Property to leverage your technical analytics and people skills in shaping insurance solutions. This role offers a potential path to your first Senior level position as you help drive profitable growth in Property underwriting across diverse lines.

What You'll Do

  • Evaluate risks, quote and issue Property policies to increase production on profitable business.
  • Analyze, prepare, define structure, place and negotiate facultative reinsurance directly or via brokers, adhering to policies and procedures.
  • Review engineering information, valuation reports, catastrophe modelling results, and other underwriting documents; request additional information as needed.
  • Drive underwriting excellence by aligning with risk appetite, line setting, standards, and pricing adequacy.
  • Collaborate with Distribution, Executive, and other underwriters to target desirable accounts and cross-sell opportunities from brokers and ceding companies.
  • Provide superior customer service to brokers and clients; increase policy retention; contribute to operational efficiencies.

What We're Looking For

  • Bachelor’s Degree in Actuarial, Business Administration (Finance or Accounting preferred), or related areas.
  • Demonstrated business savvy, analytical and quantitative skills with strong problem-solving abilities.
  • Experience in facultative reinsurance is desirable.
  • Property underwriting experience of at least 1 year.
  • Proficient in MS Office (Excel and Word).
  • Excellent communication skills in English and Spanish (verbal, written, negotiation).
  • Customer service and interpersonal skills; fast learner; good decision-making; organizational and prioritization abilities.
  • Ability to write reports and business correspondence.
  • Ready to take on new challenges; willing to work primarily in the office.

Nice to Have

  • Prior experience stepping into progressively senior roles in underwriting is a plus.
  • Multilingual capabilities beyond English and Spanish are a bonus.

Compensation & Benefits

  • Total Rewards Program with comprehensive benefits focusing on health, wellbeing and financial security, as well as professional development.
  • Emphasis on in-person collaboration and a culture of inclusion and belonging through ERGs and recognition programs.

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