Full-Time

Underwriting Manager

Corporate Accounts Professional Liability/Cyber, Financial Lines

Confirmed live in the last 24 hours

American International Group

American International Group

10,001+ employees

Global insurance provider for individuals and businesses

Compensation Overview

$151k - $189k/yr

+ Bonus

Senior

Chicago, IL, USA

The position is based in Chicago, IL, and emphasizes in-person collaboration.

Category
Customer Success
Sales & Account Management
Required Skills
Sales
Risk Management
Customer Service
Data Analysis
Requirements
  • Extensive underwriting experience in Financial Lines products (D&O, EPL, PTL, Cyber, Fidelity) and a successful record of selling products to clients.
  • Deep technical expertise of US financial lines in order to provide technical direction to management, less senior underwriting staff, producers, and claims adjusting personnel.
  • Proven people management skills and a record of developing more junior colleagues.
  • The ability to analyze financial statements.
  • Strong communication, networking, and relationship-building skills.
  • Good organizational and time management skills.
  • Customer and sales-orientated behaviors: motivated, tenacious, focused, technically skilled, proactive, and accountable.
Responsibilities
  • Manage colleagues and oversee a range of programs and processes, in addition to handling complex underwriting.
  • Balance the needs of multiple stakeholders and make sound decisions using data, analysis, experience, judgment, and a risk mindset.
  • Build effective relationships with brokers and deliver a high standard of customer service as an example for the team to follow.
  • Drive consistent underwriting best practices and guidelines, in accordance with underwriting guidelines, to ensure rating, pricing, profitability, and structuring adequacy.
  • Promote a culture of collaboration, inclusivity, and learning while mentoring and developing colleagues through effective leadership, role modeling, and training programs.
  • Facilitate personal growth and career development, supporting succession planning.
  • Play a key role in new business development, including attending broker events and building new relationships across the market.
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 company stands out from its competitors by not only focusing on traditional insurance but also emphasizing cybersecurity and data protection to keep clients' information safe. AIG'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

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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