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AIG

Underwrites insurance for businesses and individuals

Underwriter 2 - Corporate Accounts, Excess Casualty

UnderwritingConfirmed live in the last 24 hours
Full-timeNew York, NY, USA

About the Job

Requirements

  • A bachelor's degree is required; a degree in insurance or a related field is preferred.
  • At least three years of brokering and/or underwriting Fortune 1000 accounts is required.
  • Detailed technical knowledge of excess casualty exposures, coverage, and pricing is required.
  • Strong verbal and written communication skills and the ability to interact with all levels of staff are required.
  • Strong knowledge and experience with Windows-based applications, particularly Excel, Word, Access, and Microsoft Outlook, are required.
  • The candidate must maintain a professional appearance and demeanor.
  • The candidate must be self-motivated and able to work effectively and independently without direct supervision.
  • The candidate must be able to organize and prioritize demanding workloads and meet deadlines.
  • The candidate must demonstrate the ability to make sound underwriting decisions.
  • The candidate must be willing to work overtime, including evenings, weekends, and holidays, as necessary.

Responsibilities

  • Manage and underwrite a book of excess casualty Fortune 1000 accounts within budgeted gross written premium and profitability thresholds.
  • Adhere to authority levels and ensure adequate, timely file management in accordance with department guidelines.
  • Negotiate terms, conditions, and premiums with Bermuda brokers.
  • Conduct client meetings in a polished and professional manner.
  • Keep underwriting files organized and thoroughly documented in accordance with AIG and AIG Cat Excess audit guidelines.
  • Demonstrate punctuality and timeliness.
  • Adhere to AIG’s code of conduct and underwriting authority guidelines.
  • Maintain and promote a professional work environment.
  • Maintain and expand broker relationships through marketing calls and service.
  • Organize, respond to, quote, and manage submission and renewal activity.
  • Cross-market with the Cat Excess Financial Lines team and the U.S. and London excess casualty teams.
  • Adhere to AIG Cat Excess underwriting guidelines, including AIG best practices.
  • Ensure quality and timely file management.
  • Perform other duties as assigned.

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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