Senior Underwriter, Public Companies, Financial Lines

AIG InsuranceChicago, IL
Onsite

About The Position

Join us as a Senior Underwriter 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. 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 role is your opportunity to drive profitable growth in Public, 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

  • 2-4 years of relevant professional experience
  • Bachelor’s degree from a four-year college or university
  • Demonstrated sales, marketing, and relationship building experience
  • Strong verbal and written communication skills
  • Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions, especially regarding technical aspects
  • Comfort with financial statements, analytical tools and technology

Nice To Haves

  • Commercial Insurance Company, Agency or Brokerage experience preferred
  • Working knowledge of Financial Lines products is preferred

Responsibilities

  • Underwriting a range of new and renewal business
  • Communicating risk appetite and value proposition to brokers
  • Understanding deal structures, terms, and products that best meet clients' 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
  • 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
  • US Benefits Overview
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