Senior Executive Underwriter, Public, Financial Lines

About the role

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Executive Underwriter, Public, Financial Lines 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 Underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients.

Responsibilities

This level underwriter typically works with accounts/clients which are greater in scope and complexity. The role is expected to have increased involvement in the management, development and training of the staff and increased responsibility for the business results of the unit.

• Ability to exercise judgment, negotiate and make sound business decisions effectively based on increased level of authority.
• Renders alternative outcomes for more difficult situations and makes real-time decisions in a fast paced environment characterized by ambiguity and change.
• Support consistent underwriting best practices, in accordance with underwriting guidelines, to ensure rating, pricing, profitability, and structuring adequacy.
• Responsible for assigning and managing the work of a team of underwriters.
• Assist underwriters in executing on strategic initiatives.
• Provide support and develop solutions to their issues/concerns (system, guidelines, training, reports, new project request, product amendments).
• Assist underwriters in collaborating with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers.
• Utilize various daily reports and constant monitoring of adherence to underwriting requirements and guidelines to oversee assigned book of business.
• Keep abreast of developments in assigned territories to determine their effect on current accounts and potential new business opportunities.
• Work with management, the Insured, its broker and outside counsel on contract terms and conditions, as well as pricing, terms & conditions, and deal structure for complex risks.
• Develop strong, long term relationships with brokers and clients to profitably grow a book of business.
• Identify the need for and manage special underwriting projects as needed.
• Provide superior customer service to brokers and clients.

Requirements

• Minimum 7+ years of Financial Lines, Agency or Brokerage experience
• Bachelor’s degree from a four-year college or university.
• Proven ability to build and maintain strong professional relationships.
• Advanced knowledge of the US Financial Lines business (D&O, EPL, PTL, Cyber, Fidelity) including product features, forms, regulatory environment and risks etc.
• Demonstrated sales, marketing, and relationship building experience.
• Very strong verbal and written communication skills.
• Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions.
• Proficient with underwriting analytical tools and technology.

Benefits

Compensation for this position includes base salary and eligibility for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview.

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.

Schedule

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.