Senior Underwriting Specialist

AIG • San Francisco, CA

7d • $118,000 - $178,000 • Onsite

About The Position

Join us as a Senior Underwriting Specialist to make more of your expertise and experience. At AIG, we protect our clients against uncertainty and risk and provide the confidence for tomorrow’s opportunities. Join us as a Specialty Underwriter 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, 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. The Senior Underwriting Specialist will contribute to the growth of the business by underwriting Cargo products under general direction, performing highly technical complex assignments within area of expertise. Responsible for large accounts, building, maintaining strategic client and broker relationships, and developing new business submissions.

Requirements

• Minimum 7+ years of Commercial Insurance Company, Agency or Brokerage experience.
• Advanced working knowledge of Marine Cargo line of business with a technical understanding of Multinational and Captive Program including product features, forms, and associated risk, etc.
• Must be detail-oriented, possess critical thinking skills, decision making based on level of authority, problem solving, competent using analytical tools and technology.
• Effective in dynamic environment, adaptable, comfortable with ambiguity, working at pace and prioritizing multiple tasks.
• Excellent communication skills (written and verbal), collaboration, building trust with wide range of colleagues and clients.
• Have a strong financial understanding, appetite for learning about the industry, negotiating and focused on profitable outcomes.
• Post-Secondary education.

Responsibilities

• Providing technical direction to management, underwriters, producers, and claims adjusting colleagues.
• Accepting, declining or modifying new and renewal submissions: identifying exposures and analysis required to underwrite an account, as well as the coverage policies; determining the exposures to loss assumed and restricted by the insuring agreements and the exclusions.
• Completing strategic account and portfolio reviews.
• Managing a book of business and input to the budget relative to regional budget/goals.
• Establishing new business production goals and submission flow relative to the book of business.
• Collaborating with North American Marine Leadership, Distribution, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers.
• Developing and implementing pricing and negotiation strategy, terms & conditions, and deal structures with brokers and clients while maintaining the quality of the risk and underwriting strategy.
• Providing superior customer service to brokers and clients.
• Represent AIG at Client and Broker meetings and functions.
• Driving a culture that promotes collaboration, innovation, diversity and inclusion; attracting and developing talent.

Benefits

• bonus in accordance with the terms of the applicable incentive plan
• 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: Associate degree