Senior Underwriter, Retail Property

About the role

Reporting to the Zonal Underwriting Manager or Underwriting Manager, this position underwrites assigned risks under general direction. Has a greater underwriting authority and handles large accounts and/or more complex risks. The role will be responsible for underwriting Retail Property products.

Responsibilities

• Communicate risk appetite and Retail Property Value Proposition to brokers.
• Collaborate with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers.
• Rapidly evaluate, prioritize and select submissions to be underwritten.
• Create and recognize cross-selling opportunities for other AIG General Insurance products.
• Work with brokers to understand deal structures, terms, and AIG Services that best meet clients’ needs.
• Negotiate pricing, terms & conditions, and deal structure with brokers and clients.
• Participate in special underwriting projects as needed.
• Develop strong, long-term relationships with brokers and clients to profitably grow a book of business.
• Develop an individual business plan that is in line with product strategies.
• Maintain risk selection in adherence with product guidelines and achieve rate, renewal retention and new business goals.
• Provide mentoring and training to less experienced underwriters.
• Provide superior customer service to brokers and clients.

Requirements

• Minimum 3+ 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 lines of business in a specific Retail Property line of business 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

• Minimum 3+ 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 lines of business in a specific Retail Property line of business 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.

Skills

• Excellent communication skills.
• Strong analytical and problem-solving abilities.
• Ability to work independently and as part of a team.
• Knowledge of retail property insurance products and regulations.
• Ability to negotiate effectively.
• Strong interpersonal and relationship-building skills.

Benefits

• Base salary range: $84,000 - $108,000.
• Eligible for a bonus in accordance with the terms of the applicable incentive plan.
• Comprehensive benefits package, including health, wellness, and financial security benefits.
• Total Rewards Program offers benefits focused on your health, wellbeing, and financial security.
• Employee Resource Groups (ERGs) provide a community for learning, cultural awareness activities, and support.

Pay

• Base salary range: $84,000 - $108,000.
• Eligible for a bonus in accordance with the terms of the applicable incentive plan.

Schedule

• Primarily in the office.