Assistant Regional Underwriting Manager, Professional Liability/Cyber, Financial Lines

AIG Insurance • Los Angeles, CA

5h • $130,000 - $175,000 • Onsite

About The Position

At AIG, we are reimagining the way we help customers to manage risk. Join us as Assistant Regional Underwriting Manager, Professional Liability/Cyber, Financial Lines to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team. Make you mark in Underwriting AIG Underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients. We are reimagining how we help customers to manage risk, transforming our operating model and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.

Requirements

• Strategic orientation, managing vision and purpose, developing organizational capability
• Commercial in approach; goal-oriented but flexible enough to value different methods of achievement
• Strong influencing and communications skills; able to work across multiple areas both internally and externally
• Demonstrable experience formulating initiatives that support broader organizational aims
• Experienced in building relationships externally and internally and managing key stakeholder relationships at executive and board level and with clients
• Highly developed leadership skills that inspire teams to realize their potential
• Ability to challenge effectively both people and portfolio strategy with the ability to effect change where appropriate
• External thought leadership
• 7+ years of Financial Lines Underwriting, Agency or Brokerage experience
• Bachelor’s degree from a four-year college or university
• Advanced knowledge of the Financial Lines business (D&O, EPL, PTL, Fidelity) including product features, forms, regulatory environment and risks
• Strong ability to identify, analyze and solve problems as well as the ability to learn rapidly, adapt quickly to change, exercise influence, and manage and prioritize multiple concurrent projects
• Strong verbal and written communication skills
• Ability to work in s dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions
• Proficient with underwriting analytical tools and technology
• Collegial and collaborative in approach and style
• Understanding of how to be effective within a matrixed structure
• Ability to adapt quickly in an evolving market
• Approaches a challenge with a “can-do” attitude
• Available to travel when required

Responsibilities

• Able to exercise judgment, negotiate and make sound business decisions effectively based on increased level of authority.
• Deliver profitable growth through effective risk selection; execute on rate, coverage and limits management strategies; drive targeted correction or remediation strategies as needed
• Responsible for helping to assign and manage the work of a team of underwriters
• Monitor the adherence to underwriting requirements and guidelines for assigned book of business
• Support the delivery of consistent underwriting best practices, in accordance with underwriting guidelines, to ensure rating, pricing, profitability, and structuring adequacy
• Assist underwriters in executing strategic initiatives; provide support and develop solutions to their issues/concerns (system, guidelines, training, reports, new project request, product amendments)
• Serve as referral point for field underwriting staff within stated authority; apply knowledge of market and industry to provide guidance on complex risks, exposures, and decisions
• Stay abreast of developments in competitive and risk landscapes to determine effect on renewals and new business opportunities
• Provide superior customer service to brokers and clients
• Develop strong, long term relationships with brokers and clients to profitably grow a book of business
• Work collaboratively with all members of the North America Financial Lines leadership team as well as Actuarial, Legal and Claims departments
• Promote a healthy risk culture through staff meetings, trainings, and promotion of regular risk reporting
• Help create a culture that promotes collaboration, innovation, diversity and inclusion; successfully conduct talent acquisition, employee engagement and performance monitoring/evaluation work
• Serve as role model to all colleagues, leading by example as a senior member of the team

Benefits

• a range of competitive benefits
• US Benefits Overview
• Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees