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Underwriting Casualty Business Analyst

AIG
United Statesfull_timeVerifiedPosted 7 Jan 2025

About the role

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Business Analyst -Casualty to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

 

Make your mark in Underwriting

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.

 

How you will create an impact

The primary responsibility of the BSS Analyst involves supporting maintenance activities related to Casualty policy issuance systems. The Analyst will report directly to policy insuance systems business owner.  Analysts work on a team sharing responsibilities for meeting timeline and quality targets. This includes monitoring team workloads and coordinating testing efforts among other team members.

Responsibilities

  • Monitor bureau-published circulars and AIG independent filings to determine systems impact and plan implementations.
  • Work with other departments, such as State Filings and Actuarial, to ensure AIG properly files and adopts proposed changes.
  • Coordinate updates across application and document teams to ensure policy documents are correctly produced.
  • Participate in scheduled meetings regarding application updates to identify and test all changes from delivery to implementation.
  • Maintain proper documentation and tracking information to ensure all proposed changes are successfully resolved.
  • Produce reports of pending items and anticipated impacts of any delays to keep management informed of possible problems.
  • Assist with market conduct exams when needed.

What you'll need to succeed

  • 2+ years of experience in the insurance industry with demonstrated experience managing multiple projects and balancing competing priorities to meet deadlines.  Experience in an underwriting or auditing role for the major lines of business is a plus.
  • Analyze and evaluate distinct solutions by recommending and gaining consensus for the most efficient and cost-effective solution for implementation of forms, endorsements, or other policy issuance resolutions.
  • Rating knowledge of Work Comp, GL, Auto or Property.  Candidate should understand how to manually rate a policy, including knowledge of increased limits, loss cost multipliers, base rates vs loss costs, and other rating plans.  Also, knowledge of coverage parts and applicable forms attachment to insurance policies is needed.  
  • Candidate must be able to read circulars and interpret the material and then explain requirements to programmers.  This requires problem-solving and supporting the team in a proactive way to ensure success and includes testing the systems to ensure proper implementation and accuracy of the change(s) made before release to the underwriting community.
  • Research questions/help desk issues raised by user community on functionality of systems.  This may include call State Insurance Departments, NCCI or ISO for further information, to maintain a balance between must-have and nice-to-have requirements. 
  • Knowledge of Microsoft suite of products helpful, especially Word, Excel and Access. Excellent written and verbal communication skills needed. 

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

 

#LI-AC1 #Underwriting #casualtyunderwriting #duckcreekpolicy

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 proper

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Company

AIG

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