Production Specialist Sr, Excess & Surplus Lines

AIG • Parsippany, NJ

1d • Onsite

About The Position

AIG is reimagining how it helps customers manage risk and is seeking a Senior Production Specialist, Excess & Surplus Lines to contribute to this transformation. This role offers an opportunity for skill and experience growth within the team. The position is part of Western World Underwriting, which has over fifty years of experience providing commercial brokers with non-admitted insurance solutions. Western World's expertise in contract bind property, casualty, and garage segments, combined with Lexington Insurance's capabilities, strengthens AIG's ability to offer non-admitted solutions across various market segments. AIG is a global leader in commercial and personal insurance solutions, known for its extensive property casualty networks and innovative approaches to customer solutions. The company aims to empower individuals, businesses, and communities to manage risk, navigate uncertainty, and unlock new potential. AIG invests in its employees through continuous learning and development, fostering a culture that celebrates diversity and individual growth. The company is committed to creating an inclusive environment that respects and values diverse talents, backgrounds, cultures, opinions, and goals, supported by learning initiatives, cultural awareness activities, and Employee Resource Groups (ERGs). AIG is recognized for its positive change initiatives and provides equal opportunity to all qualified individuals, offering reasonable accommodations for applicants and employees with disabilities.

Requirements

• Broad based insurance industry experience with specialization in contract bind.
• 5+ years of insurance operational management experience
• Knowledge of market segmentation, portfolio management, acquisition and distribution.
• Technical underwriting skills including ability to analyze exposures and develop adequate pricing on new and renewal accounts.
• Process and system skills
• Strategic orientation, managing vision and purpose, developing organizational capability
• Ability to communicate well verbally and in writing with agents, internal staff, and management.
• Able to travel independently on company’s behalf to market our products and services.
• Ability to collaborate with others and thrive within a team environment.

Responsibilities

• Independently select, monitor, and price new and renewal business according to Company guidelines per Underwriter’s level of authority as outlined in individual “Authority Letter”.
• Market our products and services and travel accompanied to assigned agents as required.
• Communicate with agents regarding rating, underwriting and policy issuance issues.
• Assist in the training of support staff within the team as well as within the Department.
• Assist, implement, or coordinate special projects and timetables such as revised forms, new coverages/classes, research, and Underwriting Guide revisions.
• Assist in planning, coordinating, and implementing in-house education training or other company functions.
• Responsible for the maintenance, updating, and development of our underwriting guide.
• Works with the Head of Western World, the National Director, and the regional underwriting teams to identify coverage needs, and develops forms and guidelines to address those needs.
• Works with the Western World claims teams to identify emerging trends, and addresses those issues via T&C changes as applicable.
• Ensures consistency of coverage positions across the various sub-segments of our portfolio.
• Works with regional underwriting teams to identify coverage training needs and assist in implementation as applicable.

Benefits

• competitive benefits
• Total Rewards Program
• benefits focused on your health, wellbeing and financial security
• professional development
• continuous learning and development
• Volunteer Time Off
• Matching Grants Programs
• eligible for a bonus in accordance with the terms of the applicable incentive plan

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees