AIG · 19 hours ago
Underwriting Specialist, Primary Casualty
Los Angeles, CA
Full-time
Onsite
Mid, Senior Level
$98K/yr - $120K/yr
7+ years expAIG is a global leader in commercial and personal insurance solutions, and they are seeking an Underwriting Specialist for their Primary Casualty group. The role focuses on underwriting new and renewal business in the Northeast Region, assessing risks, providing exceptional service to brokers, and mentoring junior underwriters.
BankingFinancial ServicesInsurance
Responsibilities
This role will focus on underwriting new and renewal business in the Northeast Region to help drive the profitable growth of our Primary Casualty group
You will be responsible for assessing/analyzing the desirability of risk by identifying hazards and exposures for new and renewal business
As a senior member of the team, you will set a high standard of customer service to brokers and clients – providing an example for junior colleagues to follow
You will also provide guidance, mentoring and training to less-experienced underwriters – and support them in building their broker network
Your relationships with brokers will be key to your success
You will need to provide excellent service to brokers through a consistent, timely, and proactive approach to underwriting
You will also aim to generate new business by expanding your broker network, representing AIG at internal and external meetings/broker events, and building new relationships across the market
Utilize authority to underwrite and price loss sensitive (deductible/SIR) and guaranteed cost business for the following lines of business: Workers Compensation, General Liability and Commercial Auto Liability
Ability to work closely with brokers to communicate risk appetite and our value proposition – and to understand the deal structures, terms and conditions and products that best meets clients’ needs
Working collaboratively with home office, distribution, actuary, claims, loss control, premium audit, credit and legal to develop and maintain a profitable portfolio of primary accounts business
Adhering to underwriting rules and guidelines
Ability to collaborate with other product lines to provide full product support to the client
Strong relationships with brokers to ensure a desirable flow of new business and to maintain renewal business
Participating in business travel as required to support client relationships and foster business development
Qualification
Required
Minimum of 7 years experience underwriting Primary Casualty business
Proven experience and expertise in underwriting both Loss Sensitive (deductible/SIR) and Guaranteed Cost program structures
Established relationships with Midwest brokers handling Primary Casualty/Upper Middle Market business
Strong communication, networking and relationship building skills
Good organizational and time management skills. Ability to handle multiple tasks concurrently within a face-paced, team-oriented working environment
Customer and Sales orientated behaviors: motivated, tenacious, focused, technically skilled, proactive, and accountable
Strong presentation, negotiation, communication, and business development skills
Strong Analytical and quantitative skills; familiarity with actuarial data and pricing models
Demonstrated ability to generate profitable new business
Preferred
CPCU, ARM, or other insurance designations are a plus
Benefits
Total Rewards Program
Health, wellbeing and financial security
Professional development
Company
AIG
AIG is a global insurance company providing insurance products to support clients in business and in life.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Kelly Lafnitzegger
Executive Vice President and Chief Human Resources Officer
Charlie Fry
EVP, Reinsurance Purchasing and Risk Capital Optimization
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