Senior Underwriter, Professional Liability/Cyber, Financial Lines

AIG InsuranceChicago, IL
9d$93,000 - $117,000Onsite

About The Position

Join us as Senior Underwriter, Corporate Accounts, PL/Cyber, Financial Lines to make a greater impact through your technical expertise and people skills. This could be the ideal chance to step up into your first Senior level role. Make your mark in Underwriting 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 Lines 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

  • 4+ years of proven underwriting experience, with knowledge of the US Financial Lines business (primarily E&O and Cyber) including product features, forms, regulatory environment and risks etc.
  • The 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 if you have not held these duties previously.

Responsibilities

  • Drive profitable growth in Financial Lines by working on creative solutions for complex risks.
  • Underwrite a range of new and renewal business, using your proven relationship building skills.
  • 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.
  • Negotiate pricing, terms & conditions, and deal structure with brokers and clients.
  • Generate new business by expanding your broker network, attending broker events, and building new relationships across the market.
  • Collaborate with AIG Distribution, territory managers, and underwriters in other business lines to target desirable accounts and cross-selling opportunities.
  • Set a high standard of customer service to brokers and clients – providing an example for junior colleagues to follow.
  • Provide guidance, mentoring and training to less-experienced underwriters – and support them in building their broker network.

Benefits

  • In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview .
  • At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our 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—to bring peace of mind to you and your family.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Education Level

No Education Listed

Number of Employees

5,001-10,000 employees

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