Underwriting Manager - Ocean Cargo

AIG • New York, NY

1d • Onsite

About The Position

Join us as an Underwriting Manager, Ocean Cargo to make more of your specialist expertise and experience. Make your mark in Specialty Underwriting. The Underwriting Manager 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. Managing a team of Underwriter’s across multiple geographies and taking ownership of the regions P&L performance. American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions, one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become. We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations. AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. As a global risk leader with deep industry expertise and innovative solutions to smartly manage risk, AIG enables our clients’ growth in ways they never thought possible. We also do the same for our colleagues, because we know our people are our greatest strength – the source of every insight, every idea and every innovation. When we're working as one team to do what's right for our colleagues and our communities, we can achieve excellence together.

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 and or Canadian Insurance Professional designation

Responsibilities

• Providing technical direction to management, less senior 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

• competitive benefits
• bonus in accordance with the terms of the applicable incentive plan
• 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
• Volunteer Time Off
• Matching Grants Programs

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees