Senior Underwriter - Casualty
Who we are
American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.
Get to know the business Lexington
Lexington Insurance Company, the leading U.S. based Excess and Surplus Lines company, is strengthening leadership position in the E&S market. We aspire to make Lexington the best in the industry for all of our product and services; driving an end-to-end business that delivers exceptional outcomes for our brokers and clients. Lexington is the home of specialized underwriters, addressing the most challenging risks in the market, providing thought leadership and innovative solutions, supported by Claims and Operational expertise, all working together to solve our clients needs as quickly as possible
About the role
Senior Underwriter
Summary:
To market and underwrite for acceptable business in accordance with established, written underwriting guidelines. Demonstrate leadership capabilities within the department.
Job Description:
* Independently select, monitor, and price new and renewal business according to Company guidelines per Underwriters level of authority as outlined in individual Authority Letter.
* Market our products and services and travel accompanied to assigned agents as required.
* Communicate with agents regarding rating, underwriting and policy issuance issues.
* Assist in the training of support staff 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.
What we are looking For:
* An undergraduate degree
* Minimum 5 years of Commercial Insurance Company, Agency or Brokerage experience
* Proven ability to build and maintain strong professional relationships
* Working knowledge of US Casualty lines of business including product features, forms, regulatory environments and risks etc, ideally in the Surplus lines or Excess Casualty space
* Demonstrated sales, marketing, and relationship building experience, ideally with the Wholesale marketplace
* 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
A look at our benefits
At AIG, we have a 100-year legacy of working to make the world a better place. And that begins with our employees. Were proud to offer a range of employee benefits and resources that help you protect what matters most your health care, savings, financial protection, and wellbeing. We provide a variety of leaves for personal, health, family, and military needs. For example, the Giving Back program allows you to take up to 16 hours a year to volunteer in your community.
We also believe in fostering our employees development and offer a range of learning opportunities for employees to hone their professional skills to position themselves for the next steps of their careers. AIG also has a tuition reimbursement program for eligible employees to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.
We are an Equal Opportunity Employer
It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. At AIG, we believe that diversity and inclusion are critical to our future and our mission creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
At AIG, we believe that diversity and inclusion are critical to our future and our mission creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
Functional Area:
UW - Underwriting
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
RISK SPECIALISTS COMPANIES INSURANCE AGENCY INC
New York, New York
American International Group, Inc. provides insurance products for commercial, institutional, and individual customers in North America and internationally. The company’s General Insurance segment offers general liability, environmental, commercial automobile liability, workers’ compensation, excess casualty, and crisis management insurance products, as well as various risk-sharing and other customized structured programs; commercial, industrial, and energy-related property insurance; and aerospace, political risk, trade credit, portfolio solutions, surety, crop, and marine insurance.
It also provides professional liability insurance products for a range of businesses and risks, including directors and officer’s liability, mergers and acquisitions, fidelity, employment practices, fiduciary liability, cyber risk, kidnap and ransom, and errors and omissions insurance. In addition, this segment offers personal auto and property insurance, voluntary and sponsor-paid personal accident, and supplemental health products; extended warranty insurance products; and travel insurance products.
Its Life and Retirement segment offers variable annuities, fixed index and fixed annuities, and retail mutual funds; group mutual funds, fixed annuities, and variable annuities, as well as individual annuity and investment products, and financial planning and advisory services; and term life and universal life insurance. This segment also provides stable value wrap products, and structured settlement and pension risk transfer annuities; and corporate- and bank-owned life insurance and guaranteed investment contracts. This segment sells its products through independent marketing organizations, independent insurance agents, financial advisors, direct marketing, banks, wirehouses, and broker-dealers. The company’s Legacy Portfolio segment offers legacy insurance products. American International Group, Inc. was founded in 1919 and is headquartered in New York, New York.