Job Description

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

General Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the worlds most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.

About the role

This role underwrites assigned risks under general direction. Has a greater underwriting authority and handles large accounts and/or more complex risks.

Responsibilities include:

* Rapidly evaluating, prioritizing and selecting submissions to be underwritten.
* Demonstrating technical underwriting skills through strategic, thorough account reviews and file documentation.
* Exercising judgment, negotiating and making sound business decisions effectively based on 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.
* Using all appropriate underwriting tools, disciplines and knowledge of strategies to ensure underwriting guidelines are followed.
* Understanding fundamentals of loss trends, loss triangles, and ratemaking.
* Assisting management with the implementation of profit center strategic initiatives and providing technical underwriting and marketing support on other projects.
* Assisting regional manager and product leaders in further developing existing broker relations as well as establish new relationships to attract business opportunities.
* Collaborating with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities.
* Working with management, brokers, clients, and outside counsel on deal structure, contract terms and conditions on a portfolio of more complex risks.
* Participating in various underwriting and marketing initiatives to improve company results and drive portfolio strategies.
* Developing strong, long term relationships with brokers and clients to profitably grow a book of business.
* Representing AIG at client and broker functions with supervision as necessary/appropriate.
* Contributing to the mentoring, training and development of less experienced staff.
* Participating in special underwriting projects as needed.
* Providing superior customer service to brokers and clients (internal & external).

TECHNICAL SKILLS & EXPERIENCE:

* Minimum 3+ years of relevant professional experience. Commercial Insurance Company, Agency or Brokerage experience preferred.
* Bachelors degree from a four-year college or university.
* Advanced knowledge of the US Financial Lines business (D&O, EPL, PTL, Cyber, Fidelity) including product features, forms, regulatory environment and risks etc.
* Strong ability to identify, analyze and solve problems as well as the ability to learn rapidly, adapt quickly to change and exercise influence.
* Ability to exercise judgment, negotiate and make sound business decisions effectively based on level of authority.
* 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.
* 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.

To learn more please visit: https://www.aig.com/about-us/diversity-equity-and-inclusion

We consider qualified applicants with criminal histories, consistent with applicable law.

Functional Area:

UW - Underwriting

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

RISK SPECIALISTS COMPANIES INSURANCE AGENCY INC