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AIG

Underwrites insurance for businesses and individuals

Underwriter 1 - Marine

UnderwritingPosted on Nov 9
Full-time

About the Job

Requirements

  • Understanding of insurance and associated risks, including fundamentals of loss trends, loss triangles, and ratemaking.
  • Detail-oriented, with analytical and critical-thinking skills, decision-making appropriate to level of authority, and problem-solving ability.
  • Ability to work in a dynamic environment, adapt to ambiguity, work at pace, and prioritize multiple tasks.
  • Strong written and verbal communication, collaboration, and ability to build trust with a wide range of colleagues and clients.
  • Financial understanding, willingness to learn about the industry, negotiation ability, and focus on profitable business.
  • At least 1 year of relevant professional experience.

Responsibilities

  • Deliver strategic account reviews and prepare associated file documentation.
  • Adhere to underwriting guidelines and discipline.
  • Assist management with implementing profit center strategic initiatives and provide technical support on other projects.
  • Assist the regional manager and product leaders in developing existing processes and establishing new processes and procedures to streamline efficiency.
  • Contribute to the development of less experienced staff.
  • Participate in special underwriting projects as needed.
  • Provide superior customer service to internal and external brokers and clients.

Desired Qualifications

  • Commercial insurance company, agency, or brokerage experience is preferred.
  • A bachelor's degree from a four-year college or university is preferred.

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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