Senior Underwriter, Financial Institutions

AIG • New York, NY

2d • $90,000 - $112,000 • Onsite

About The Position

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Underwriter, Financial Institutions, 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 your mark in Underwriting AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High Net Worth individuals. 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. How you will create an impact This role is your opportunity to drive profitable growth in Financial Institutions by working on creative solutions for complex risks. You will be responsible for underwriting a range of new and renewal business, using your proven relationship building skills. We want you to work closely with brokers to communicate risk appetite and our value proposition – and to understand the deal structures, terms and products that best meets clients’ needs. You will then negotiate pricing, terms & conditions, and deal structure with brokers and clients. It will be important to generate new business by expanding your broker network, attending broker events, and building new relationships across the market. You will collaborate with AIG Distribution, territory managers, and underwriters in other business lines to target desirable accounts and cross-selling opportunities. As a senior member of the team, you will set a high standard of customer service to brokers and clients – providing an example for junior colleagues to follow. You will also provide guidance, mentoring and training to less-experienced underwriters – and support them in building their broker network.

Requirements

• Proven underwriting experience.
• Good knowledge of US Financial Lines business (D&O, EPL, PTL, Cyber, Fidelity).
• Ability to analyze financial statements.
• Strong communication, networking, and relationship building skills.
• Good organizational and time management skills.
• Customer and Sales orientated behaviors: motivated, tenacious, focused, technically skilled, proactive, and accountable.
• An interest in mentoring and training.

Responsibilities

• Underwriting a range of new and renewal business for Financial Institutions.
• Communicating risk appetite and value proposition to brokers.
• Understanding deal structures, terms, and products that meet client needs.
• Negotiating pricing, terms & conditions, and deal structure with brokers and clients.
• Generating new business by expanding broker network, attending broker events, and building new relationships.
• Collaborating with AIG Distribution, territory managers, and underwriters in other business lines to target desirable accounts and cross-selling opportunities.
• Setting a high standard of customer service to brokers and clients.
• Providing guidance, mentoring, and training to less-experienced underwriters.
• Supporting junior colleagues in building their broker network.

Benefits

• Eligible for a bonus in accordance with the terms of the applicable incentive plan.
• Total Rewards Program, a comprehensive benefits package focused on health, wellbeing, financial security, and professional development.
• Volunteer Time Off and Matching Grants Programs.

What This Job Offers

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