AIG is a market leader in Cyber Insurance. Growing our Cyber portfolio is a key long-term business objective and we are seeking the right individual to play a critical role in contributing to both the retention and growth of our Spanish Cyber and Tech PI portfolio of business.
The role will be supported by the Financial Lines underwriting team. Regular training on technical developments, current trends and claims insights will be provided across our international cyber team. You will use your existing knowledge along with the training provided to contribute to the cyber and Tech PI underwriting strategy across our portfolio. This will range from detailed underwriting of large Spanish based clients to volume based digital solutions for SME clients.
This role will be based in Madrid.
How you will make an impact
- Underwrite Assigned risks: Cyber and PI Tech, focused on technological risks.
- Meet individual underwriting expectations to help team achieve budgeted financial objectives.
- Underwrite within agreed decision-making standards,
limitations, and underwriting authority
- Assess desirability of risk through analysis of financial reports and accounts (as required); regular contact with broker; thorough review of proposal; and review of claims history and general company information
- Use designated Underwriting system(s) to streamline underwriting and information-tracking approach across Profit Centre.
- Input required data consistently and accurately
- Provide Management information including, but not limited to, submissions, bind rate, average premium, and total premium as required.
- Provide excellent service to brokers through consistent, timely, and proactive approach to underwriting
- Exhibit sales orientated behaviours, defined by Management as: motivated, tenacious, focused, technically skilled, proactive, and accountable
- Generate new business by building on existing relationships and expanding broker network