Executive Underwriter, Corporate Accounts jobs in United States
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AIG · 1 day ago

Executive Underwriter, Corporate Accounts

AIG is a global leader in commercial and personal insurance solutions, and they are seeking an Executive Underwriter for their Corporate Accounts team. The role focuses on underwriting new and renewal business, assessing risks, and building relationships with brokers to drive profitable growth in the Primary Casualty group.

BankingFinancial ServicesInsurance

Responsibilities

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
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
Work 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
Adhere to underwriting rules and guidelines
Collaborate with other product lines to provide full product support to the client
Develop and maintain strong relationships with brokers to ensure a desirable flow of new business and to maintain renewal business
Participate in business travel as required to support client relationships and foster business development

Qualification

Underwriting Primary CasualtyLoss Sensitive ProgramsGuaranteed Cost ProgramsCPCU CertificationARM CertificationAnalytical SkillsSales OrientationRelationship BuildingCommunication SkillsOrganizational SkillsTime ManagementPresentation SkillsNegotiation Skills

Required

Minimum of 5 years experience underwriting Primary Casualty business
Proven experience and expertise in underwriting both Loss Sensitive (deductible/SIR) and Guaranteed Cost program structures
Serve as a mentor and key training resource for the team
Share expertise and help new underwriters navigate complex accounts and system workflows
Established relationships with regional 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

Base salary and eligibility for a bonus in accordance with the terms of the applicable incentive plan
Range of competitive benefits

Company

AIG is a global insurance company providing insurance products to support clients in business and in life.

Funding

Current Stage
Late Stage

Leadership Team

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Kelly Lafnitzegger
Executive Vice President and Chief Human Resources Officer
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Charlie Fry
EVP, Reinsurance Purchasing and Risk Capital Optimization
Company data provided by crunchbase