American International Group

Senior Underwriting Assistant

American International Group

Chicago, IL, USA
Full-TimeDepends on ExperienceMid-LevelBachelors
Job Description

Welcome to American International Group, where we pride ourselves on our commitment to providing exceptional insurance solutions. We are currently seeking a highly skilled Senior Underwriting Assistant to join our dynamic team. As a Senior Underwriting Assistant, you will play an integral role in supporting our underwriting processes and ensuring the accuracy and efficiency of our operations. We are looking for a detail-oriented and analytical individual with strong communication skills and a passion for the insurance industry. If you are a motivated team player with a strong background in underwriting, we encourage you to apply for this exciting opportunity.

  1. Provide support to the underwriting team by gathering and organizing necessary information for risk assessment and decision-making.
  2. Conduct thorough analysis of insurance applications and related documents to ensure accuracy and completeness.
  3. Communicate effectively and efficiently with underwriters, agents, and policyholders to gather necessary information and resolve any issues.
  4. Assist in maintaining underwriting guidelines and procedures and ensure compliance with company standards.
  5. Prepare and review policy endorsements, cancellations, and renewals.
  6. Collaborate with other departments such as claims and finance to ensure timely and accurate processing of policies.
  7. Proactively identify and report any discrepancies or potential risks in underwriting submissions.
  8. Assist in training and mentoring junior underwriting assistants.
  9. Stay updated on industry trends and changes in underwriting policies and procedures.
  10. Maintain confidentiality and handle sensitive information with professionalism and discretion.
  11. Contribute to the overall success and growth of the underwriting team by actively participating in meetings and providing valuable insights and suggestions.
  12. Comply with all regulatory and legal requirements related to underwriting operations.
  13. Adhere to company values and promote a positive and inclusive work culture.
  14. Continuously strive to improve processes and procedures to enhance efficiency and productivity.
  15. Complete any other tasks and responsibilities assigned by the underwriting manager.
Where is this job?
This job is located at Chicago, IL, USA
Job Qualifications
  • Bachelor's Degree In Finance, Business Administration, Or A Related Field.

  • Minimum Of 3 Years Of Experience In Underwriting Support Or Related Role In The Insurance Industry.

  • Strong Understanding Of Underwriting Principles And Procedures.

  • Proficiency In Microsoft Office Suite And Underwriting Software Systems.

  • Excellent Communication And Analytical Skills, With A Keen Attention To Detail.

Required Skills
  • Financial Analysis

  • Insurance

  • Project Management

  • Problem Solving

  • Data Management

  • customer service

  • Claims Processing

  • Policy Analysis

  • Team Leadership

  • Risk assessment

  • Contract review

  • Compliance monitoring

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Multitasking

  • Time management

  • creativity

  • Teamwork

  • Adaptability

  • Problem-Solving

  • Empathy

Compensation

According to JobzMall, the average salary range for a Senior Underwriting Assistant in Chicago, IL, USA is $54,000 to $71,000 per year. This can vary depending on factors such as the specific company, years of experience, and level of education.

Additional Information
American International Group is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedJanuary 11th, 2024
Apply BeforeMay 22nd, 2025
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About American International Group

American International Group, Inc., also known as AIG, is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions.

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