Underwriter, Accident & Health

American International Group • San Francisco, CA

164d • $76,000 - $95,000

About The Position

This Underwriter role will be an ideal next step in your career if you already have some relevant experience in insurance - or this could be your entry into underwriting if you have transferable skills. 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.

Requirements

• University degree or higher and/or equivalent experience in Accident and Health or other insurance business.
• Strong customer service ethic, with a sound understanding of the business processes.
• Excellent communication and influencing skills - both written and oral.
• Excellent planning and negotiation skills.
• Self-motivated and able to set strategic direction.
• Able to work in a team to lead and contribute to AIG's strategic goals.
• Strong preference for proven Accident and Health product knowledge and technical underwriting skills.

Responsibilities

• Responsible for achievement of top and bottom-line results for new and renewal business.
• Deliver on underwriting profit results with focus on profitability, loss ratio and combined ratio.
• Develop and maintain relationships with external business partners to drive healthy organic growth of business.
• Collaborate and cross-sell with other internal stakeholders and lines of business within AIG.
• Underwriting new and renewal Accident & Health accounts (including Business Travel, Participant Accident, Participant Travel, Supplemental Health) within an assigned territory.
• Analyze, select, and price risks, and articulate underwriting analyses and identify corrective actions to sales team and broker contacts.
• Achieve new business premium targets, account and premium retention targets and loss ratio targets for assigned territory.
• Strategize with other members of assigned territory team to identify target market segments and develop broker distribution relationships.
• Servicing of assigned accounts and brokers, in conjunction with other Underwriting, Sales and Account Management team members.
• Work closely with other functional areas, such as Claims, Actuarial, Operations, Finance, Legal and Compliance.
• Liaise with internal stakeholders to ensure awareness of underwriting activities that require support and service.
• Deliver timely and accurate quotes/binders.
• Assist in achieving overall GPW goal in collaboration with Distribution.
• Quarterly self-audit process to assure 100% and timely compliance and take necessary actions on audit recommendations and findings.
• Adherence to all internal and external compliance standards, including implementation of new standards.
• Training to ensure compliance to underwriting authority and sales practice.

Benefits

• Base salary range of $76,000 - $95,000.
• Eligible for a bonus in accordance with the terms of the applicable incentive plan.
• Comprehensive benefits package focused on health, wellbeing, financial security, and professional development.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees