Underwriter II, Retail Property

American International Group•Philadelphia, PA

43d•Onsite

About The Position

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Underwriter II, Retail Property to play your part in that transformation. It's an opportunity to grow your skills and experience as a valued member of the team. Make your mark in Retail Property Underwriting in Philadelphia, PA 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. Reporting to the Zonal Underwriting Manager or Underwriting Manager, this role analyzes and evaluates risk and accepts, rejects, or modifies risk and coverage conditions within limits of delegated authority and in accordance with established underwriting guidelines to achieve underwriting profitability objectives.

Requirements

Minimum of 2+ years of relevant professional experience. Commercial Insurance Company, Agency or Brokerage experience preferred.
Bachelor's degree from a four-year college or university.
Demonstrated sales, marketing, and relationship building experience.
Working knowledge of Retail Property products is preferred.
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

Responsibilities

Evaluating, prioritizing and selecting submissions to be underwritten.
Demonstrating technical underwriting skills through strategic, thorough account reviews and file documentation.
Exercising judgment, negotiating and making sound business decisions effectively based on level of authority.
Adhering to guidelines and underwriting discipline to minimize exposure and appropriately price risks
Working with management, brokers, clients, and outside counsel on contract terms and conditions on a portfolio of mainstream and complex risks.
Participating in various underwriting and marketing initiatives to improve company results and drive portfolio strategies.
Identifying opportunities for growth within new and existing production sources.
Working with management to develop unique local broker strategies for assigned brokers to drive profitable results in line with product objectives.
Ensuring our marketing initiatives are achieved and that consistent communication of our risk appetite and value proposition are provided to our brokers and clients.
Representing AIG at client and broker functions with supervision as necessary/appropriate.
Providing superior customer service to brokers and clients (internal & external).

Benefits

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our 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-to bring peace of mind to you and your family.

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