Full-Time

Underwriting Manager

Product Recall

Posted on 4/30/2025

American International Group

American International Group

10,001+ employees

Global insurance provider for individuals and businesses

Compensation Overview

$118k - $178k/yr

+ Bonus

Senior, Expert

New York, NY, USA

For positions based in New York, the base salary range is $118,000 - $178,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan.

Category
Insurance
Finance & Banking
Connection
Connection
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Requirements
  • Minimum 7-9 years of Commercial Insurance Company, Agency, or Brokerage experience.
  • Bachelor’s degree from a four-year college or university.
  • Strategic orientation, managing vision and purpose, developing organizational capability.
  • Results orientation.
  • Strong influencing and communications skills.
  • Ability to work across multiple areas of company and industries.
  • Assessing and developing talent.
  • Change management and team leadership.
  • Analytical and quantitative skills; familiarity with actuarial data.
  • Knowledge of market segmentation, portfolio management, acquisition, and distribution.
  • Process and system skills.
  • Experience with budgeting and expense control.
Responsibilities
  • Manages all Underwriting within a Product Recall.
  • Within Product Recall, establishes, implements, and evaluates the production and profitability goals.
  • Direct accountability for the business results of Product Recall with respect to profitability, penetration and/or volume.
  • Drive and execute the long-term business strategy for Product Recall.
  • Serve as a technical expert, exercising technical authority with regards Product Recall.
  • Partnering with the leadership, manage annual budget process for Product Recall.
  • Within Product Recall, manage monthly forecasts.
  • In collaboration with the leadership and HR, implement tools and strategies to attract and retain top industry talent and develop high performing teams.
  • Identify areas/positions within team that lack sufficient bench strength, and employees who require additional skills to fill those needs; develop and execute development/training/recruiting platforms/plans to address the deficiencies.
  • Establish strong relationships with leadership; create mutual understanding of overall parameters and goals to drive effective execution of business model.
  • Interact with all levels of Insurance community.
  • Drive a culture that promotes collaboration, diversity, and inclusion.
  • Oversee all underwriters within region(s) including managing and evaluating work of staff; makes decisions regarding pay, performance management, development, employment, and staffing.
  • Ensures the required standards of governance, systems and controls, and regulatory compliance are established and maintained.
Desired Qualifications
  • Experience managing or leading a team is preferred.
American International Group

American International Group

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AIG provides a variety of insurance products and services aimed at individuals, families, and businesses. Their offerings include life insurance, retirement planning, and commercial insurance, which help clients manage risk and protect their assets. AIG operates by underwriting insurance policies and investing the premiums collected to generate income. This approach allows them to serve a wide range of customers, from individual policyholders to large multinational corporations. AIG stands out from competitors by placing a strong emphasis on cybersecurity and data protection, ensuring that clients' information is secure. The company's goal is to help clients achieve financial security and peace of mind through comprehensive insurance solutions.

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1919

Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven underwriting reduces costs and improves AIG's operational efficiency.
  • Growing demand for cybersecurity insurance presents new product opportunities for AIG.
  • AIG's expansion in Atlanta enhances regional service capabilities and talent access.

What critics are saying

  • Tech-driven startups could erode AIG's market share with innovative solutions.
  • Climate change-related disasters may increase AIG's claims costs and impact profitability.
  • Digital transformation requires significant investment, potentially straining AIG's resources.

What makes American International Group unique

  • AIG's partnership with Blackstone for Syndicate 2478 offers new capital opportunities.
  • Corebridge Financial's focus on retirement planning diversifies AIG's service offerings.
  • AIG's emphasis on cybersecurity ensures client data protection and trust.

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Benefits

Health Insurance

Paid Sick Leave

Paid Vacation

Tuition Reimbursement

Flexible Work Hours

Company News

Coverage
Jan 28th, 2025
Aig Announces Expanded Global Leadership Role For Jon Hancock

AIG <i class="fa fa-info-circle company-popover" data-content="h3AIG/h3. div. table

Coverage
Jan 9th, 2025
Aig Appoints Christopher Flatt Global Chief Underwriting Officer

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Coverage
Jan 1st, 2025
Aig Completes Sale Of Travel Guard Business To Zurich

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Coverage
Jan 1st, 2025
Aig Launches Syndicate 2478 At Lloyd’S In Partnership With Blackstone

AIG <i class="fa fa-info-circle company-popover" data-content="h3AIG/h3. div. table

Intelligence360
Nov 19th, 2024
Aig To Expand Into 180,000 Square Feet Of Space In Atlanta Georgia.

Atlanta, Georgia — According to state and local development sources, AIG plans to build out 180,000 square feet of new space in Atlanta. The company plans to occupy the new space at 3500 Lenox Rd NE in Atlanta, on or about April 1, 2026. According to the company website American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers’ compensation, excess casualty, and crisis management insurance products; and professional liability insurance