Underwriter, Underwriting Solutions Group, Financial Lines

AIG Insurance • Lenexa, KS

2d • Onsite

About The Position

This role underwrites Financial Lines products under general supervision, issuing quotes 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. 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. Demonstrating strong business acumen, financial and analytical skills, and critical thinking skills which lead to confident decision making and judgment. Demonstrating success in negotiation and building collaborative relationships. Multi-tasking, prioritizing and time management skills. Appropriately balancing changing priorities based upon underwriting needs and performing within time constraints with a high volume of work. Working with more senior underwriters or management on risks exceeding authority level or requiring special handling. Selling and negotiating to achieve bottom line profitability for the Company. Making presentations and communicating risk appetite and Financial Lines value proposition articulately to brokers and clients. Contributing to development of producer strategies. Developing and maintaining a submission pipeline sufficient to achieve overall production and business mix objective. Providing superior customer service to brokers and clients (internal & external). Takes initiative on projects and assignments, seeks alternate solutions when necessary.

Requirements

• 1+ years of underwriting or relevant professional experience
• Bachelor’s degree from a four-year college or university or equivalent professional experience.
• For Management Liability positions, a 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, especially regarding technical aspects.
• Detail-oriented with demonstrated ability to self-direct, prioritize work, and meet deadlines.

Responsibilities

• Underwrites Financial Lines products under general supervision, issuing quotes and policies while ensuring standards and compliance guidelines are met.
• Evaluates, prioritizes and selects submissions to be underwritten.
• Identifies risk exposures, special or common hazards, claims experience and appropriate controls.
• Analyzes claims and quantifies losses.
• Adheres to guidelines and underwriting discipline to minimize exposure and appropriately price risks.
• Ensures underwriting files and services standards and compliance guidelines are adhered to on assigned accounts.
• Offers coverage, terms and conditions which generate a profit for the Company while meeting the needs of the customer.
• Captures market intelligence and broker feedback on accounts.
• Demonstrates technical expertise with product(s) in the Financial Lines portfolio.
• Demonstrates strong business acumen, financial and analytical skills, and critical thinking skills which lead to confident decision making and judgment.
• Demonstrates success in negotiation and building collaborative relationships.
• Multi-tasks, prioritizes and manages time effectively.
• Balances changing priorities based upon underwriting needs and performs within time constraints with a high volume of work.
• Works with more senior underwriters or management on risks exceeding authority level or requiring special handling.
• Sells and negotiates to achieve bottom line profitability for the Company.
• Makes presentations and communicates risk appetite and Financial Lines value proposition articulately to brokers and clients.
• Contributes to development of producer strategies.
• Develops and maintains a submission pipeline sufficient to achieve overall production and business mix objective.
• Provides superior customer service to brokers and clients (internal & external).
• Takes initiative on projects and assignments, seeks alternate solutions when necessary.

Benefits

• 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: Entry Level