Jobs · Finance · New York

Underwriting Manager - Ocean Cargo

AIG · New York, NY · 1 mo ago
Finance$170k–$213k/yrFull-time

About the role

Join us as an Underwriting Manager, Ocean Cargo to make more of your specialist expertise and experience. Make your mark in Specialty Underwriting.

Responsibilities

  • Provide technical direction to management, less senior underwriters, producers, and claims adjusting colleagues
  • Accepting, declining or modifying new and renewal submissions: identifying exposures and analysis required to underwrite an account, as well as the coverage policies; determining the exposures to loss assumed and restricted by the insuring agreements and the exclusions
  • Completing strategic account and portfolio reviews
  • Managing a book of business and input to the budget relative to regional budget/goals
  • Establishing new business production goals and submission flow relative to the book of business
  • Collaborating with North American Marine Leadership, Distribution, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers
  • Developing and implementing pricing and negotiation strategy, terms & conditions, and deal structures with brokers and clients while maintaining the quality of the risk and underwriting strategy
  • Providing superior customer service to brokers and clients
  • Represent AIG at Client and Broker meetings and functions
  • Driving a culture that promotes collaboration, innovation, diversity and inclusion; attracting and developing talent

Requirements

  • Minimum 7 years of Commercial Insurance Company, Agency or Brokerage experience
  • Advanced working knowledge of Marine Cargo line of business with a technical understanding of Multinational and Captive Program including product features, forms, and associated risk, etc.
  • Detail-oriented, possesses critical thinking skills, decision making based on level of authority, problem solving, competent using analytical tools and technology
  • Effective in dynamic environment, adaptable, comfortable with ambiguity, working at pace and prioritizing multiple tasks
  • Excellent communication skills (written and verbal), collaboration, building trust with wide range of colleagues and clients
  • A strong financial understanding, appetite for learning about the industry, negotiating and focused on profitable outcomes
  • Post-Secondary education and/or Canadian Insurance Professional designation

Qualifications

  • Must have a minimum of a bachelor's degree
  • Must have a Canadian Insurance Professional designation

Benefits

  • Base salary range: $170,000 - $213,000
  • Eligible for a bonus in accordance with the terms of the applicable incentive plan
  • 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

Schedule

  • Primarily in the office

Pay

  • Base salary range: $170,000 - $213,000
  • Eligible for a bonus in accordance with the terms of the applicable incentive plan

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