Executive Underwriter, AIGRM
AIG · Chicago, IL · 3 wk ago
Finance$105k/yrFull-time
About the role
Join us as an Executive Underwriter, AIG Risk Management (AIGRM), to play your part in reimagining how we help customers manage risk. This is an opportunity to grow your skills and experience as a valued member of the team.
Responsibilities
- Underwrite Workers’ Compensation, General Liability, and Auto Liability primary Casualty product lines.
- Develop and manage underwriting strategies for both renewals and prospects within your portfolio of accounts.
- Develop and implement negotiation strategies.
- Makes independent sales calls to market and cross-market products.
- Identify target markets, design, and implement strategies for lead development and build prospect lists.
- Provide technical direction to management, less senior specialists, producers, and claims adjusting personnel.
- Communicate risk appetite and AIGRM Value Proposition to brokers.
- Collaborate with Distribution, Territory Managers, and other lines of business underwriters to target desirable accounts and cross-sell opportunities from brokers.
- Rapidly evaluate, prioritize, and select submissions to be underwritten.
- Create cross-sell opportunities for other Commercial products.
- Collaborate with brokers to understand the deal structure, terms, and AIG Services that best meet clients' needs.
- May review, evaluate, and make recommendations to underwriting guidelines.
- May direct or conduct internal underwriting audits.
- Negotiate pricing, terms & conditions, and deal structure with brokers and clients.
- Participate in special underwriting projects as needed.
Requirements
- 5+ years of Commercial Insurance Company, Agency, or Brokerage experience.
- Bachelor’s degree from a four-year college or university.
- Proven ability to build and maintain strong professional relationships.
- Advanced working knowledge of US Casualty lines of business (Workers’ Compensation, Auto Liability, and General Liability) including product features, forms, regulatory environments, and risks etc.
- Demonstrated sales, marketing, and relationship building experience.
- Strong verbal and written communication skills.
- Highly motivated and results-oriented.
- Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions.
- Expert with underwriting analytical tools and technology.
Qualifications
- For positions based in Illinois, the base salary range is $104,600-$127,600 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan.
Benefits
- 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.
Pay
- Base salary range for positions based in Illinois: $104,600-$127,600.
Schedule
- Primarily in the office.