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AIG · 1 week ago

Senior Underwriter, Professional Liability/Cyber, Financial Lines

Chicago, IL

Full-time

Onsite

Mid, Senior Level

$93K/yr - $117K/yr

4+ years exp

AIG is a global leader in commercial and personal insurance solutions, and they are seeking a Senior Underwriter for Corporate Accounts in Professional Liability and Cyber Financial Lines. The role involves underwriting new and renewal business, building relationships with brokers, and mentoring junior underwriters to drive profitable growth in Financial Lines.

BankingFinancial ServicesInsurance

Responsibilities

This role is your opportunity to drive profitable growth in Financial Lines by working on creative solutions for complex risks

You will be responsible for underwriting a range of new and renewal business, using your proven relationship building skills

We want you to work closely with brokers to communicate risk appetite and our value proposition – and to understand the deal structures, terms and products that best meets clients’ needs

You will then negotiate pricing, terms & conditions, and deal structure with brokers and clients

It will be important to generate new business by expanding your broker network, attending broker events, and building new relationships across the market

You will collaborate with AIG Distribution, territory managers, and underwriters in other business lines to target desirable accounts and cross-selling opportunities

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

Qualification

Underwriting experienceFinancial Lines knowledgeRelationship buildingFinancial statement analysisNetworking skillsCustomer orientationSales orientationCommunication skillsOrganizational skillsTime managementMentoring interest

Required

4+ years of proven underwriting experience, with knowledge of the US Financial Lines business (primarily E&O and Cyber) including product features, forms, regulatory environment and risks etc

The ability to analyze financial statements

Strong communication, networking and relationship building skills

Good organizational and time management skills

Customer and Sales orientated behaviors: motivated, tenacious, focused, technically skilled, proactive, and accountable

An interest in mentoring and training if you have not held these duties previously

Benefits

A range of competitive 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