Picture yourself building a successful career at AIG working alongside other talented, highly motivated individuals committed to reaching our goal of becoming the world’s leading insurance provider. We believe that our success depends on building a world class team. If you would like to be a part of our team, we invite you to consider putting your talents to work with AIG in our Marine Underwriting division as a Senior Underwriter.
Position Summary:
The Senior Underwriter will contribute to the growth of the business by underwriting Inland Marine products under general direction, issuing quotes and policies while ensuring standards and compliance guidelines are met. Responsible for underwriting large accounts and complex and building relationships with clients and brokers.
Duties and Responsibilities:
Evaluating, prioritizing and selecting submissions to be underwritten
Delivering strategic account reviews and preparing associated file documentation
Adhering to underwriting guidelines and discipline
Assisting management with the implementation of profit center strategic initiatives and providing technical underwriting and marketing support on other projects
Assisting regional manager and product leaders in developing existing and establishing new broker relationships
Collaborating with Distribution, Territory Managers, and other line(s) of business to target business development opportunities
Working with management, brokers, clients, and outside counsel on deal structure, contract terms and conditions on a portfolio of more complex risks
Representing AIG at client and broker functions
Contributing to the development of less experienced staff
Participating in special underwriting projects as needed
Providing superior customer service to brokers and clients (internal & external)
What we are looking for:
Understanding of Inland Marine Insurance and associated risks including fundamentals of loss trends, loss triangles, and ratemaking etc.
Must be detail-oriented, possess analytical and critical thinking skills, decision making based on level of authority, problem solving
Effective in dynamic environment, adaptable, comfortable with ambiguity, working at pace and prioritizing multiple tasks
Strong communication skills (written and verbal), collaboration, building trust with wide range of colleagues and clients
Needs to have a financial understanding, appetite for learning about the industry, negotiating and focused on profitable business
Minimum 3 years of relevant professional experience; Commercial Insurance Company, Agency or Brokerage experience preferred
Bachelor’s degree from a four-year college or university preferred
We are an Equal Opportunity Employer
American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide 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 such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
To learn more please visit: https://www.aig.com/about-us/diversity-equity-and-inclusion
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to [email protected]. Reasonable accommodations will be determined on a case-by-case basis.
In order to work from or visit an AIG office, and in accordance with the terms and conditions of AIG’s COVID-19 vaccination policy, individuals hired into this position will be required to attest that they have been fully vaccinated and agree to have their vaccination status and proof of vaccination confidentially stored by AIG. Exemptions may be considered on a case-by-case basis in accordance with applicable law.
Functional Area:
UW – Underwriting
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
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