Underwriter, Environmental, Retail Casualty

AIG•Chicago, IL

4d•$62,000 - $82,500•Onsite

About The Position

AIG is seeking a motivated Underwriter to contribute to our industry leading Environmental Casualty team. AIG’s strong brand in the market has provided for strong growth and thus the need for underwriting resources. We consistently provide clients with innovative products, use of technology, and a world-class platform. Our underwriters constantly deliver in an ever-changing marketplace and world. In this role, you will be responsible for underwriting and servicing an existing renewal book with assistance to other team members who will solicit new business opportunities. This role includes constant interaction with top nationwide, regional, local and wholesale brokers and insureds. Through this role, underwriters gain experience in a wide variety of coverages, client industries and specializations. This role underwrites NA Casualty Products under general supervision, issuing quote and policies while ensuring standards and compliance guidelines are met. These individuals will analyze information and have the opportunity to connect with clients and brokers. How you will create an impact The role will be responsible for underwriting a specific line of business within NA Casualty (i.e. Environmental, Excess or Primary Casualty, NA Auto, WC, AL, GL, DBA, Foreign Casualty) Evaluating, prioritizing and selecting submissions to be underwritten. Identifying risk exposures, special or common hazards, claims experience and appropriate controls. Analyzing claims and quantifying losses. Adhering to guidelines and underwriting discipline to minimize exposure and appropriately price risks. Ensuring underwriting files and services standards and compliance guidelines are adhered to on assigned accounts. Offering coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer. Capturing market intelligence and broker feedback on accounts. Begin demonstrating technical expertise with product(s) in the Financial Lines portfolio. Providing superior customer service to brokers and clients (internal & external).

Requirements

1+ years of relevant professional experience; Insurance experience preferred.
Bachelor’s degree from a four-year college or university, preferred
Working knowledge of financial statements and analysis.
Excellent interpersonal, communication and analytical skills.
Excellent organizational skills and ability to handle multiple tasks in a high-volume, fast-paced environment.
Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions.
Ability to facilitate cross-function collaboration, especially regarding technical aspects.
Detail-oriented with demonstrated ability to self-direct, prioritize work, and meet deadlines.
Takes initiative on projects and assignments, seeks alternate solutions when necessary.
Highly motivated and results-oriented.
Exposure to NA Casualty products is preferred. (i.e. Environmental, Excess or Primary Casualty, NA Auto, WC, AL, GL, DBA, Foreign Casualty).

Responsibilities

Underwriting a specific line of business within NA Casualty (i.e. Environmental, Excess or Primary Casualty, NA Auto, WC, AL, GL, DBA, Foreign Casualty)
Evaluating, prioritizing and selecting submissions to be underwritten.
Identifying risk exposures, special or common hazards, claims experience and appropriate controls.
Analyzing claims and quantifying losses.
Adhering to guidelines and underwriting discipline to minimize exposure and appropriately price risks.
Ensuring underwriting files and services standards and compliance guidelines are adhered to on assigned accounts.
Offering coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer.
Capturing market intelligence and broker feedback on accounts.
Begin demonstrating technical expertise with product(s) in the Financial Lines portfolio.
Providing superior customer service to brokers and clients (internal & external).