Head of Lexington Middle Market Property

AIG Insurance•Atlanta, GA
•Onsite

About The Position

The Head of Lexington Middle Market Property leads the Excess and Surplus Property Midmarket business, setting its vision, value proposition, and long-term strategy in response to changing market and competitive dynamics. The role is accountable for the book’s gross written premium (GWP) and profit and loss (P&L), including return on equity and capital allocation, and manages portfolio risk in line with corporate mandates and risk appetite. It also leads product development, market positioning, distribution, underwriting standards, and integration with complementary Property offerings. The position builds relationships with brokers and Lexington leadership, develops effective underwriting teams, and promotes collaboration, diversity, and inclusion. AIG asks team members to work primarily in the office to support in-person collaboration.

Requirements

  • At least 15 years of insurance leadership experience in Property Insurance.
  • Knowledge of market segmentation, portfolio management, acquisition, and distribution.
  • Strategic leadership skills in developing vision and purpose, driving results, and leading effective teams.
  • Established strong relationships with brokers.
  • Ability to lead change; versatile, client-focused, and results-oriented.
  • Business savvy, analytical, and quantitative skills.
  • Expert technical underwriting background and advanced knowledge of first-party insurance across industries.
  • Strong problem-solving and conflict-resolution skills.

Responsibilities

  • Drive Lexington’s Excess and Surplus Property Midmarket vision and value proposition, accounting for business and competitive dynamics, business drivers, financial considerations, and producer network segments.
  • Manage GWP and P&L for the Midmarket Property book, assess line-of-business return on equity, and allocate capital as needed.
  • Monitor catastrophe modeling results and portfolio risk aggregation, including aggregation by zone, to maintain alignment with corporate mandates.
  • Review reinsurance strategically to reduce volatility and provide an alternative form of capital while supporting risk appetite for per-risk exposures and aggregation across product lines.
  • Develop, position, market, and deliver innovative products and services through a zonal framework to producers, leveraging AIG’s competitive strengths.
  • Establish business strategies that support profitable business-mix shifts, client value, and synergy with other AIG business partners.
  • Lead the Midmarket Property platform and work with the Head of Wholesale Property to enhance and integrate complementary offerings.
  • Establish and implement a long-term Midmarket Property strategy focused on effective risk appetite management.
  • 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 use detailed monitoring standards, including quality reviews, to assess underwriting results and loss ratios down to the account level.
  • Understand and address regulatory and compliance processes.
  • Build strong relationships with Lexington leadership to align on parameters and goals and execute the business model effectively.
  • Work with HR to develop tools and strategies to attract and retain industry talent and build high-performing teams.
  • Promote a culture of collaboration, diversity, and inclusion.
  • Ensure a reputation for Claims excellence in the marketplace.

Benefits

  • Comprehensive Total Rewards benefits package focused on health, wellbeing, financial security, and professional development.
  • Continuous learning and development.
  • Reasonable accommodations for applicants and employees with disabilities.
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