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AIG

Underwrites insurance for businesses and individuals

Head of Lexington Middle Market Property

UnderwritingConfirmed live in the last 24 hours
Full-timeAtlanta, GA, USANo salary listed

About the Job

Requirements

  • At least 15 years of insurance leadership experience in Property Insurance.
  • Knowledge of market segmentation, portfolio management, acquisition, and distribution.
  • Proven strategic leadership skills in developing vision and purpose, driving results, and leading effective teams.
  • Established strong relationships with brokers.
  • Skilled in leading change; versatile, client-focused, and results-oriented.
  • Demonstrated business savvy and analytical and quantitative skills.
  • Expert technical underwriting background with advanced knowledge of first-party insurance for all industries.
  • Strong problem-solving and conflict-resolution skills.

Responsibilities

  • Drive Lexington’s Excess and Surplus Property Midmarket vision and value proposition, accounting for changing business and competitive dynamics, key business drivers, financial elements, and the value provided to producer network segments.
  • Own gross written premium and profit and loss for the Midmarket Property book of business; assess line-of-business return on equity and allocate capital as necessary.
  • Monitor catastrophe modeling results within the portfolio to ensure compliance with corporate mandates for risk aggregation overall and by zone.
  • Strategically review reinsurance use to reduce volatility and provide an alternative form of capital within the book, supporting risk appetite for per-risk and cross-product-line aggregation.
  • Develop, position, market, and deliver innovative, market-leading products and services through a zonal framework to producers, leveraging competitive strengths.
  • Establish business strategies to deliver a profitable shift in business mix and support efforts to become clients’ most valued insurer while maximizing synergy with other AIG business partners.
  • Lead the Midmarket Property platform, working with the Head of Wholesale Property to enhance and integrate complementary product offerings.
  • Establish and implement a long-term Midmarket Property business strategy focused on risk appetite and effective risk management.
  • Drive consistent distribution and underwriting best practices and guidelines to ensure rating and pricing adequacy.
  • Develop sustainable relationships with key wholesale brokers throughout the zonal framework.
  • Develop and ensure effective use of detailed monitoring standards, including quality reviews, to assess underwriting results and loss ratios down to the account level.
  • Understand regulatory and compliance processes.
  • Establish strong relationships with Lexington leadership and create mutual understanding of overall parameters and goals to drive effective execution of the business model.
  • Develop tools and strategies with HR to attract and retain top industry talent and develop high-performing teams.
  • Drive a culture that promotes collaboration, diversity, and inclusion.
  • Ensure a reputation of Claims excellence in the marketplace.

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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