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AIG

Underwrites insurance for businesses and individuals

Senior Underwriting Specialist - Corporate Accounts, Excess Casualty

UnderwritingConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • A minimum of 7–9 years of commercial insurance company, agency, or brokerage experience is required.
  • The candidate must be able to build and maintain strong professional relationships.
  • The candidate must have advanced working knowledge of North American casualty lines, including product features, forms, regulatory environments, and risks such as environmental, excess or primary casualty, North American auto, workers' compensation, automobile liability, general liability, designated business activity, and foreign casualty.
  • The candidate must have demonstrated sales, marketing, and relationship-building experience.
  • The candidate must have strong verbal and written communication skills.
  • The candidate must be able to work in a dynamic, rapidly changing environment, adapt to changing requirements, collaborate with a wide range of colleagues, and quickly deliver solutions.
  • The candidate must be willing to be flexible and learn on the job.
  • The candidate must be proficient with underwriting analytical tools and technology.

Responsibilities

  • Exercise judgment, negotiate, and make sound business decisions effectively based on an increased level of authority.
  • Render alternative outcomes for more difficult situations and make real-time decisions in a fast-paced environment characterized by ambiguity and change.
  • Support consistent underwriting best practices in accordance with underwriting guidelines to ensure rating, pricing, profitability, and structuring adequacy.
  • Assign and manage the work of a team of underwriters.
  • Assist underwriters in executing strategic initiatives and provide support and solutions for issues involving systems, guidelines, training, reports, new project requests, and product amendments.
  • Assist underwriters in collaborating with Distribution, Territory Managers, and underwriters from other lines of business to target desirable accounts and broker cross-selling opportunities.
  • Use daily reports and monitor adherence to underwriting requirements and guidelines to oversee the assigned book of business.
  • Keep abreast of developments in assigned territories to determine their effect on current accounts and potential new business opportunities.
  • Work with management, the insured, its broker, and outside counsel on contract terms and conditions, pricing, terms and conditions, and deal structure for complex risks.
  • Develop long-term relationships with brokers and clients to grow a book of business profitably.
  • Identify the need for and manage special underwriting projects as needed.
  • Provide customer service to brokers and clients.

About the Company

AIG

Underwrites insurance for businesses and individuals

AIG underwrites property and casualty insurance for businesses and individuals, covering losses from damaged assets, legal claims and personal accidents. Its commercial policies span risks such as cyberattacks, shipping losses and aviation accidents, while personal coverage includes accident and health insurance and protection for valuable homes. Brokers and agents connect clients with insurers that assess risks, set premiums and handle claims under each policy's terms. The group earns insurance premiums and investment income on assets held to meet future claims. Its operating roots date to Shanghai in 1919, and its headquarters are in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1919

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