AIG Senior Underwriter, Financial Lines in Chicago, Illinois
This role analyzes and evaluates risk and accepts, rejects, or modifies risk and coverage conditions within limits of delegated authority and in accordance with established underwriting guidelines to achieve underwriting profitability objectives.
Evaluating, prioritizing and selecting submissions to be underwritten.
Demonstrating technical underwriting skills through strategic, thorough account reviews and file documentation.
Exercising judgment, negotiating and making sound business decisions effectively based on level of authority.
Adhering to guidelines and underwriting discipline to minimize exposure and appropriately price risks
Working with management, brokers, clients, and outside counsel on contract terms and conditions on a portfolio of mainstream and complex risks.
Participating in various underwriting and marketing initiatives to improve company results and drive portfolio strategies.
Identifying opportunities for growth within new and existing production sources.
Working with management to develop unique local broker strategies for assigned brokers to drive profitable results in line with product objectives.
Ensuring our marketing initiatives are achieved and that consistent communication of our risk appetite and value proposition are provided to our brokers and clients.
Representing AIG at client and broker functions with supervision as necessary/appropriate.
Providing superior customer service to brokers and clients (internal & external).
TECHNICAL SKILLS & EXPERIENCE:
2+ years of relevant professional experience. Commercial Insurance Company, Agency or Brokerage experience preferred.
Bachelor’s degree from a four-year college or university.
Demonstrated sales, marketing, and relationship building experience.
Working knowledge of the US Financial Lines business (D&O, EPL, PTL, Cyber, Fidelity) including product features, forms, regulatory environment and risks etc.
Strong verbal and written communication skills.
Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions, especially regarding technical aspects.
Comfort with financial statements, analytical tools and technology.
It has been and will continue to be the policy of American International Group, Inc., its subsidiaries and affiliates to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
To learn more please visit: https://www.aig.com/about-us/diversity-equity-and-inclusion
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to firstname.lastname@example.org . Reasonable accommodations will be determined on a case-by-case basis.
UW - Underwriting
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
RISK SPECIALISTS COMPANIES INSURANCE AGENCY INC
We're a leading global insurance organization with operations in approximately 80 countries and jurisdictions. We provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to support our clients in business and in life through our General Insurance, Life & Retirement and Investments business units.
What unites us across all of these offerings is our commitment to helping individuals, businesses and communities prepare for and respond to times of uncertainty. Whether serving those facing natural disasters or millions of Americans striving for a financially secure retirement, we have the specialist expertise to help clients better manage risk.
We’re also committed to doing the right thing for our people and the communities where we work and live. It’s why we seek to offer what matters to our ever-diversifying team - like flexible and creative work environments, professional growth opportunities and forums to advocate for one another and incite change. We encourage employees to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.
Join our Talent Network (http://www.aig.com/careers/life-at-aig/join-the-talent-network) . Additional information about AIG can be found at www.aig.com | YouTube (http://www.youtube.com/aig) | Twitter (https://twitter.com/AIGinsurance) | LinkedIn (http://www.linkedin.com/company/aig) . These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.