Senior Underwriter, Fronting/Group Captives

AIG • Boston, MA

1d • Onsite

About The Position

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Senior Underwriter, North America Fronting to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team. 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. This position is a Senior Underwriter for North America Fronting. Main focus will be the support and servicing of complex fronting accounts. The position will require an individual to have general knowledge of multiple lines of coverage and topics. They will support the Senior Team leader and assume account responsibilities under their direction.

Requirements

• 3+ yrs relevant experience, preferably within the insurance industry.
• Must be articulate and personable as there will be communication with clients and brokers including attendance at meetings
• Proactive, highly motivated, well-organized, self-sufficient, and able to demonstrate the ability to work productively under minimum supervision
• Excellent time management skills with ability to work with deadlines and be responsive and flexible to client needs and changes in program requirements
• Ability to manage by influence demonstrating strong communication, relationship management, organizational and analytical skills.
• Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to deliver expected results.
• Highly motivated and results-oriented, proven creative problem solver.
• Demonstrated ability to understand and work with analytical tools, reports and technology.
• Computer literacy required: Microsoft IT packages preferred – MS Outlook, Teams, Excel, Word, etc.

Responsibilities

• Work closely with Captive Solutions Fronting Team and liaise with Product pillars to verify program structure and reinsurer details.
• Work closely with the support teams (Legal, Actuarial, Credit & Collateral Management) to ensure fronting deals are in full compliance
• Once bound, collect all necessary program (premium and claims) details and reinsurance documentation
• Perform sanctions and screening checks
• Work with Associate Underwriter to ensure booking and coding on accounts are completed
• Ensure cash collections and onward transfers to captives/reinsurers are prompt and in line with bookings
• Resolve account-related questions from internal peers and/or Clients/ Brokers that are within their scope; or escalate to leadership
• Make independent sales calls to market and cross-market products. Refers declined business to other AIG divisions, as appropriate.
• Participate in client (internal/external) conference calls.
• Prepare for and help respond to all captive audits.

Benefits

• 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

What This Job Offers

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