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AIG

Underwriting Product Systems Analyst

Reposted 24 Days Ago
Be an Early Applicant
5 Locations
Junior
5 Locations
Junior
The Underwriting Product Systems Analyst manages product development and ensures policy issuance systems comply with regulatory standards. This role requires analysis, project management, and effective communication with various departments to implement policy changes.
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Key Accountabilities and Responsibilities

  • This role involves working with ISO, NCCI, Independent Bureaus and Insurance Department communications (Circulars, Regulatory Compliance Notices, AIG proprietary filings) to ensure that our policy issuance systems stay in sync with our filings and adoptions for rules, rates and forms across various lines of business. 
  • Work directly with the Actuarial, Product Office, Regulatory Legal, State Filings and IT groups to move newly developed product through to “go live” on policy administration systems.
  • Ability to multi-task and manage numerous priorities to meet deadlines will be essential.

Key Qualifications

Candidate should be proactive, detail oriented and analytical. Excellent problem-solving skills.  Ability to multi-task and manage numerous priorities to meet deadlines will be essential.

What We Are Looking For

  • 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. 

#LI-AIG #Underwriting #duckcreekpolicy

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

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 inclusion

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 learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent 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 [email protected].  

AIG reserves the right to conduct a criminal background check, tailored to the requirements of a job, after a conditional employment offer is made. Unless otherwise required by law, AIG does not automatically exclude any applicant with a criminal conviction for a job or class or jobs. For more information about Philadelphia law specifically, copy and paste the following link within your browser: http://www.phila.gov/HumanRelations/PDF/BTB%20POSTER%20FINAL_3-9-16.pdf

Functional Area:

OP - Operations

AIG PC Global Services, Inc.

Top Skills

Microsoft Access
Excel
Microsoft Word

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