Underwriting Team Lead, Retail Property

American International Group•New York, NY

57d•$105,000 - $148,000•Onsite

About The Position

At AIG, we are reimagining the way we help customers to manage risk. Join us as an Underwriting Team Lead, 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 NYC 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. How you will create an impact Reporting to the Zonal Underwriting Manager, this role will be primarily responsible to execute the geographic underwriting strategy for Retail Property. In addition, the position is responsible for attracting, managing, and developing a team of highly accomplished, driven colleagues.

Requirements

Minimum 7 years of Property Underwriting, Agency or Brokerage experience
Bachelor's degree from a four-year college or university.
Proven ability to build and maintain strong professional relationships.
Advanced knowledge of the Admitted Property business including product features, forms, regulatory environment and risks etc.
Demonstrated sales, marketing, and relationship building experience.
Very 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.
Proficient with underwriting analytical tools and technology.

Responsibilities

Ability to exercise judgment, negotiate and make sound business decisions effectively based on increased level of authority.
Renders alternative outcomes for more difficult situations and makes real-time decisions in a fast paced environment characterized by ambiguity and change.
Support consistent underwriting best practices, in accordance with underwriting guidelines, to ensure rating, pricing, profitability, and structuring adequacy.
Responsible for assigning and managing the work of a team of underwriters.
Assist underwriters in executing on strategic initiatives. Provide support and develop solutions to their issues/concerns (system, guidelines, training, reports, new project request, product amendments).
Assist underwriters in collaborating with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross selling opportunities from brokers.
Utilize various daily reports and constant monitoring of adherence to underwriting requirements and guidelines to oversee assigned book of business.
Keep abreast of developments in assigned territories to determine their effect on current accounts and potential new business opportunities.
Work with management, the Insured, its broker and outside counsel on contract terms and conditions, as well as pricing, terms & conditions, and deal structure for complex risks.
Develop strong, long term relationships with brokers and clients to profitably grow a book of business.
Identify the need for and manage special underwriting projects as needed.
Provide superior customer service to brokers and clients.