Head of Lexington Middle Market Property

AIG • Atlanta, GA

12d • Onsite

About The Position

The Head of Lexington Middle Market Property leads the Excess and Surplus Property Midmarket business, setting its vision and value proposition in response to changing market conditions, business drivers, and financial considerations. The role is accountable for the Midmarket Property book’s gross written premium (GWP) and profit and loss (P&L), assessing return on equity and capital allocation, and managing portfolio catastrophe exposure in line with corporate risk-aggregation mandates.

The position establishes long-term business strategy and risk appetite, develops products and services, manages distribution and underwriting practices, and builds relationships with wholesale brokers and Lexington leadership. It leads the Midmarket Property platform in coordination with the Head of Wholesale Property, supports profitable business-mix changes, and works with HR to attract, retain, and develop talent. The role also promotes collaboration, diversity, and inclusion, and supports a strong claims reputation.

AIG asks team members to work primarily in the office to support in-person collaboration. The company describes its Total Rewards Program as covering health, wellbeing, financial security, and professional development; specific benefits are not itemized in the posting.

Requirements

• At least 15 years of insurance leadership experience in Property Insurance.
• Knowledge of market segmentation, portfolio management, acquisition, and distribution.
• Proven strategic leadership skills, including developing vision and purpose, driving results, and leading effective teams.
• Established strong relationships with brokers.
• Ability to lead change; versatility; client focus; and results orientation.
• Demonstrated business acumen, analytical skills, and quantitative skills.
• Expert technical underwriting background with advanced knowledge of first-party insurance across all industries.
• Strong problem-solving and conflict-resolution skills.

Responsibilities

• Drive Lexington’s Excess and Surplus Property Midmarket vision and value proposition, taking account of market dynamics, business drivers, financial elements, and the value delivered to producer segments.
• Manage GWP and P&L for the Midmarket Property book; assess line-of-business return on equity and capital allocation as needed.
• Monitor catastrophe-modeling results to ensure portfolio risk aggregation complies with corporate mandates, in aggregate and by zone.
• Review the strategic use of reinsurance to reduce volatility, provide an alternative form of capital, and support risk appetite for per-risk and aggregate exposures across product lines.
• Develop, position, market, and deliver innovative products and services through a zonal framework and producer network.
• Establish business strategies that deliver a profitable shift in business mix and support the goal of becoming clients’ most valued insurer while maximizing synergies with other AIG business partners.
• Lead the Midmarket Property platform and work with the Head of Wholesale Property to enhance and integrate complementary product offerings.
• Establish and implement a long-term Midmarket Property business strategy focused on effective risk management and risk appetite.
• Drive consistent distribution and underwriting practices and guidelines to ensure rating and pricing adequacy.
• Develop sustainable relationships with key wholesale brokers throughout the zonal framework.
• Develop and ensure effective use of detailed monitoring standards, including quality reviews, to assess underwriting results and loss ratios down to the account level.
• Understand regulatory and compliance processes.
• Build strong relationships with Lexington leadership and align on parameters and goals to support effective execution of the business model.
• Develop tools and strategies with HR to attract and retain industry talent and develop high-performing teams.
• Promote a culture of collaboration, diversity, and inclusion.
• Ensure a reputation for claims excellence in the marketplace.

Benefits

• AIG Total Rewards Program, described as covering health, wellbeing, financial security, and professional development; specific benefits are not itemized.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Education Level: No Education Listed