Senior Executive Underwriter, Excess Casualty

About the role

We are seeking a Senior Executive Underwriter to lead our Excess Casualty underwriting team. AIG is a commercial and personal insurance company that specializes in various lines of business including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. Our team is reimagining how we help customers manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways.

Responsibilities

• Perform highly technical and complex assignments within area of expertise.
• Provide technical direction to management, less senior specialists, producers, and claims adjusting personnel.
• Responsible for underwriting NA Excess Casualty products.
• Accept, decline, or modify new and renewal submissions submitted by brokers.
• Identify exposures and analyze required to underwrite an account, as well as coverage policies, and determine the exposure to loss assumed and restricted by the insuring agreements and exclusions.
• Manage a book of business and may participate in the formulation of the budget relative to regional budget/goals.
• Create and implement pricing and negotiation strategies, terms & conditions, and deal structures with brokers and clients while maintaining the quality of the risk and NA Excess Casualty strategy.
• Review, evaluate, and recommend modifications to underwriting guidelines.
• Participate in special underwriting projects as needed.
• Develop and maintain strong, long-term relationships with brokers and clients to profitably grow a book of business.
• Provide superior customer service to brokers and clients.
• Draft manuscript endorsements that are particular to an underwriting exposure(s) for approval by legal.
• Assign and manage the work of a team of underwriters while providing guidance.

Requirements

• 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 lines of business NA Excess Casualty products including product features, forms, regulatory environments and risks, etc.
• Demonstrated sales, marketing, and relationship building experience.
• Very 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.
• Willingness to be flexible, learn on the job, and maintain a can-do attitude.
• Comfort with analytical tools and technology.

Qualifications

• Experience in underwriting NA Excess Casualty products.
• Strong understanding of regulatory environments and risks associated with NA Excess Casualty products.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Knowledge of underwriting guidelines and procedures.

Skills

• Technical expertise in NA Excess Casualty products.
• Strong analytical and problem-solving skills.
• Effective communication and negotiation skills.
• Ability to manage a book of business and develop budgets.
• Strong relationship-building and client management skills.
• Proficiency with analytical tools and technology.

Benefits

We offer a comprehensive benefits package that includes:

• Health, wellness, and financial security benefits.
• Professional development opportunities.
• A supportive and inclusive workplace culture.
• Flexible work arrangements.

Pay

The base salary range for this role is $150,000-$200,000, with eligibility for a bonus in accordance with the terms of the applicable incentive plan. Actual compensation will depend on your skills, experience, and qualifications.

Schedule

Our team operates in a dynamic, rapidly changing environment, requiring flexibility and adaptability. We encourage a can-do attitude and willingness to learn on the job.