About the role
Responsibilities include:
Analyzing submissions to ensure completeness, evaluate risks and controls, and consider compatibility with risk appetite
Reviewing loss information and financial statements to facilitate quote development
Assisting in soliciting and following up on outstanding submission information from brokers
With direct supervision, may underwrite assigned risks with low complexity
In conjunction with more experienced underwriters or manager, may participate in sales calls or underwriting meetings.
Capturing market intelligence and broker feedback on accounts
Identifying and resolving account alerts and blocks during the submission process to avoid account conflicts
Assisting in the issuance of quotes, binders, and policies
Assisting in premium coding and booking resolution issues
Ensuring underwriting files and services standards and compliance guidelines are adhered to on assigned accounts
Assisting in working with underwriters and multinational partners to coordinate and place multinational programs
Managing service requests including initial triage, mid-term requests to assigned book of business, effectively responding to requests throughout the policy cycle.
Coordinating shared services activities on behalf of the underwriters.
Providing superior customer service to brokers and clients (internal & external).
Actively seeking out ways to build industry and underwriting expertise, by learning more about Financial Lines product offerings and risk evaluation through formal and informal learning opportunities.
TECHNICAL SKILLS & EXPERIENCE:
0-1 years of relevant professional experience; Insurance experience preferred.
Bachelor’s degree from a four-year college or university.
Minimum GPA of 3.2 (unofficial transcript required upon application).
For Management Liability positions, a working knowledge of financial statements and analysis.
Excellent interpersonal, communication and analytical skills.
Excellent organizational skills and ability to handle multiple tasks in a high-volume, fast-paced environment.
Ability to work in dynamic, rapidly changing environment; adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions.
Detail-oriented with demonstrated ability to self-direct, prioritize work, and meet deadlines.
Takes initiative on projects and assignments, seeks alternate solutions when necessary.
Highly motivated and results-oriented.
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.