Senior M&A Underwriter, Financial Lines
AIG
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 commercialand 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 througha diversified, multichannel distribution network.
AIG’s underwriters develop insurance solutions that address the exposures of companies and individuals, and embody AIG’s tradition of innovation, bringing to market groundbreaking insurance solutions for our changing world. AIG’s underwriters help to find insurance solutions for risks from a range of areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients and High Net Worth individuals.
About the role
What you need to know:
+ Underwriting of corporate transaction across Asia Pacific risks (warranty & indemnity, fiscal event (tax), litigation buyout);
+ In conjunction with APAC M&A Manager, to timely deliver bespoke transaction insurance documents on transaction risk deals;
+ Build commercially successful relationships with M&A production and distribution sources – with focus on brokers, law firms, investment banks, accountants, and private equity funds;
+ Regularly attend external client meetings, commercial and legal seminars with a view to building relationships; and
+ Work with Relationship Managers across the Region to help source or produce commercial lines business on APAC transactions.
What we’re looking for:
+ Solicitor with 5+ years qualification in corporate M&A, corporate finance or projects at top-50 international law firm
+ Specific experience with insurance sector or other financial institutions a strong plus.
+ High competency in understanding complex corporate M&A transactions and drafting transaction documents
+ Strong negotiating skills
+ Specific knowledge of transactional legal exposures (warranty breaches, tax structuring issues, litigation and computation and measure of damages)
+ General knowledge of and ability to comprehend financial statements/financial reports/commercial reports
+ Competency in IT/R&D systems
+ Competency in preparing and giving presentations (PowerPoint, Excel, etc.) to brokers, regional offices, legal advisors and others
+ Strong written and oral communication skills; extremely proficient in drafting of legal and commercial documents
+ Detailed understanding of complex corporate structuring and financing arrangements
+ Ability to negotiate with commercially and legally sophisticated advisors and clients
+ Highly focused, enthusiastic and creative thinker
+ Strong interpersonal skills and ability to collaboratively work on a global basis
+ Ability to understand and execute commercial decision making against a backdrop of legal risk assessment
+ Ability to be a self-starter and work independently.
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
AIG General Insurance Company, Ltd.
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