Underwriter II, Financial Institutions

About the role

AIG underwriting teams help find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. This is an opportunity for an Underwriter with an entrepreneurial spirit to partner with us as we launch a new line of business. We are reimagining how we help customers manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways to unlock the full potential in each colleague.

Responsibilities

• Independently select, monitor, and price new and renewal business according to Company guidelines per Underwriter’s level of authority as outlined in individual “Authority Letter”.
• Market our products and services and travel to assigned wholesale brokers as required.
• Communicate with brokers regarding rating, underwriting, and policy issuance issues.
• Assist in the training of support staff, interns, and PAs within the team as well as within the Department.
• Assist, implement, or coordinate special projects and timetables such as revised forms, new coverages/classes, research, and Underwriting Guide revisions.
• Assist in planning, coordinating, and implementing in-house education training or other company functions.
• Represent the company in a professional manner at industry functions, conventions, and corporate events.

Requirements

• An undergraduate degree.
• Minimum 2-4 years of Commercial Insurance Company, Agency, or Brokerage experience, preferably within the Financial Institutions space.
• Proven ability to build and maintain strong professional relationships.
• Working knowledge of US Financial Institutions business including product features, forms, regulatory environments, and risks.
• Demonstrated sales, marketing, and relationship-building experience, ideally with the Wholesale marketplace.
• Ability to work in a 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.

Pay

• New York: $75,000–$95,000 base salary range.
• Chicago: $67,000–$87,000 base salary range.
• Denver: $60,000–$83,000 base salary range.

In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Your actual compensation will be dependent on your skills, experience, and qualifications.

Benefits

AIG offers a comprehensive benefits package focused on health, wellbeing, financial security, and professional development. Key benefits include:

• Total Rewards Program extending beyond work hours.
• Continuous learning and development opportunities.
• Employee Resource Groups (ERGs) with global chapters to foster inclusion and cultural awareness.

AIG provides equal opportunity to all qualified individuals and is committed to working with and providing reasonable accommodations for job applicants and employees with disabilities.

Schedule

This role requires in-person collaboration as a vital part of our culture, with team members primarily working in the office to support effective teamwork and a connected environment.