Worldwide Companies City

Job Descrption

Join us to become an expert in our Multinational reinsurance team to take your career to the next level with an international market leader. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Multinational

AIG Multinational is an exciting business area within AIG that designs, implements and services bespoke multinational insurance solutions for our global customers, empowering our clients and broker partners to navigate complex cross-border risks with confidence and consistency. AIG Multinational professionals have the diverse skills and expertise necessary to deliver customized, compliant and seamless solutions that support our clients’ risk management objectives. You can work alongside a dynamic, multi-disciplinary team to explore and deliver new solutions to meet our customers’ global insurance needs

How you will create an impact

This role reports to the Head of Multinational Captive Client Servicing manager, based in the... UK.

Responsible for the servicing of all reinsurance related requirements for a portfolio of Multinational gross line captive accounts

Partner with Producing Offices to provide technical expertise in structuring programs and tailor servicing solutions for our global clients.

Manage / maintain relationships with internal and external stakeholders (producing & issuing offices, captive brokers, clients, reinsurers etc)

Coordinate across functions in AIG’s network with a portfolio driven, client focused approach to obtain accurate and relevant information on Intercompany movements, issuance of local and NP policies, reconciliation issues and remittance flows.

Participate in client (internal/external) meetings and conference calls.

Provide important input into business growth and operational efficiency initiatives.

Gather, consolidate, and share post-mortem from previous year’s portfolio experience and identify remediation across functions and E2E milestones.

Review program reinsurance for MN Captive Fronting Business against reinsurance documentation and customized program service requirements.

Onboard new and renewal accounts and ensure correct system and operational set up.

Central point of contact for monitoring and execution of premium administration of assigned portfolio.

Resolve all account related queries from Producing Office that are within scope, or escalate to Multinational Client Executive.

Support efficient cash turnaround and ensure reinsurance premium settlements to captives/reinsurers in line with corporate record and contractual commitments.

Escalation point on assigned portfolio; identify resolution path, communicate accordingly to all concerned parties related to Captive premium cashflow.

Proactively raise operational risks in case of exception management or deviation.

Liaise with the Claims function, where required, to distribute program structure and ultimate reinsurer details.

Provide cadenced and consolidated reporting to both internal and external stakeholders according to pre-agreed servicing terms.

Regularly and thoroughly monitor all accounts to ensure custom service delivery solutions that support our clients’ needs / commitments

Prepare and respond to all captive audits

What you’ll need to succeed

Some knowledge of reinsurance and client / broker engagement experience with Multinational Captive experience a distinct advantage

Experience and clear understanding of a Controlled Master Program’s lifecycle

Client focus with a proactive and constructive approach

Strong written and verbal communication that can adapt across stakeholders, hierarchy and cultures

Excellent time management skills, with the ability to multi-task and prioritize

Strong analytical and numerical ability

Motivated learner and eager to progress in a fast-paced environment

Excellent time management skills, with the ability to multi-task and prioritize

Able to be pro-active, consistently maintain high standards and ensure accuracy to meet deadlines and key performance indicators

Independent contributor as part of a team

Result orientated and ability to demonstrate successful problem solving.

Strong knowledge of Microsoft Suite applications, particularly Excel, Outlook & Teams

Ready to take your career to the next level? We would love to hear from you.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of belonging

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides 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.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.

Functional Area:

UW - Underwriting

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

AIG Europe (Services) Limited

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