Senior Underwriter, Political Risk
About The Position
Join us as a Senior Underwriting Specialist to grow your career at the forefront of Political Risk Insurance. It’s an opportunity to grow your skills and experience as a valued member of the team. Make your mark in Political Risk insurance AIG Underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, and Multinational Clients. 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.
Requirements
- Experience (5+ years preferred) in the Political Risk Insurance market, including product features, forms, exigent risks.
- Bachelor’s degree from a four-year college or university, focused on finance, business and/or international affairs/political science.
- Advanced working knowledge of the Political Risk business in either an underwriting or broking environment.
- Ability to rapidly evaluate, prioritize and select submissions to be underwritten.
- Ability to analyze policy wordings and understand manuscript forms.
- Demonstrated knowledge of current market conditions, trends and the ability to leverage that knowledge to give us the right to win.
- Relationships with tier 1 and 2 brokers and the ability to develop new relationships.
- Demonstrated sales, marketing, and relationship-building experience.
- Proficiency in Microsoft Office environment (including Outlook, Teams, Excel, PowerPoint).
- Experience with Salesforce and a willingness to learn more.
- Strong verbal and written communication skills.
- Ability to work in a fast-paced environment making quick decisions while adhering to sound underwriting discipline.
- Willingness to travel 25% of the time.
Nice To Haves
- Master’s Degree preferred.
Responsibilities
- Underwriting and managing an existing book of Political Risk Insurance and developing and underwriting a pipeline of new business opportunities across the country.
- Collaborating with peers in other regions and providing technical underwriting support on existing accounts in those regions, ensuring a consistent approach to market throughout the country.
- Negotiating terms and conditions with brokers and clients, for both large and complex risks as well as middle market.
- Communicating our value proposition with our brokers and clients and demonstrating our right to win.
- Identifying future industry trends and understanding how they will impact ours and our client’s business and developing new strategies around those trends.
- Communicating to internal stakeholders on the profitability of the portfolio.
- Providing superior customer service to brokers and clients.
- Attend client/broker meetings, presentations and relevant industry events on behalf of the company.
- Regular collaboration with AIG Distribution colleagues in identifying and closing political risk opportunities.
- Participating in special underwriting projects as needed.
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
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What This Job Offers
Job Type
Full-time
Career Level
Senior
